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German company to offer heat pump rentals

GERMANY: In partnership with LG Electronics, one of Germany’s leading heating installers is looking to accelerate the switch to heat pumps by offering rental systems at a fixed monthly price.

Berlin-based Thermondo is promising to remove and dispose of the old heating system and supply and install a new heat pump for as little as €159 per month. In addition, Thermondo will include a two-year maintenance contract and offer remote diagnosis in the event of faults.

With LG Electronics as launch partner, Thermondo has chosen the LG Therma V heat pump and has targeted around 10,000 installs in 2023.

Thermondo was launched in 2013 and has almost 700 employees across Germany, including over 400 engineers.

Latest News

20th April 2024

Haier adds Finnish distributor Kataikko

FINLAND: Haier HVAC Europe has appointed Kataikko Oy, a prominent Finnish distributor of heat pumps, to its growing network of partners across Europe.
20th April 2024

Carrier invests in data centre liquid cooling

USA: Carrier Ventures, the investment arm of Carrier Global Corporation, has entered into a partnership with US thermal engineering company Strategic Thermal Labs (STL) to advance data centre liquid cooling.
19th April 2024

Skelton honoured at ACR News Awards

UK: Marks & Spencer's technical manager John Skelton won this year’s Alan Moor Award for contributions to the industry at last night’s ACR News Awards in London.
19th April 2024

Carrier efficiency boost for CO2 racks

GERMANY: Carrier Commercial Refrigeration’s new CO2 efficiency booster skid is said to offer an energy efficient upgrade for refrigeration racks.
19th April 2024

Midea to acquire Arbonia HVAC businesses

SWITZERLAND: Midea has agreed the €760m purchase of Swiss group Arbonia’s Climate Division, which includes HVAC businesses Sabiana, Termovent and Tecna.
19th April 2024

Castel acquires majority stake in Dieci Electric

ITALY: Refrigeration and air conditioning components supplier Castel has announced the acquisition of a majority stake in Dieci Electric, a manufacturer of industrial RAC system electrical panels.