The investment aims to scale production, enhance product development, and accelerate Qvantum's expansion across European markets, ensuring their readiness to meet rising demands.
As Europe moves to decarbonize, the heat pump market is thriving, with 24 million units installed by 2023, aiming for 60 million by 2030 under EU plans.
Mats Rahmström remarked that Qvantum is becoming a leader in heat pump innovation, which is essential for Europe’s energy transformation and reduced fossil fuel dependence.
Qvantum is well-positioned with its HP2G technology, providing carbon-neutral heating and stabilizing the electric grid, catering to new regulatory demands across Europe.
Collection
[
|
...
]