Swedish heating technology company NIBE today presented the first result of its new collaboration with Japanese company Mitsubishi Heavy Industries.
The two companies have jointly developed a completely new technology platform for outdoor air heat pumps, the fastest growing heat-pump segment in Europe. The new platform will make energy-efficient heating available for new markets at a reasonable cost. And at the same time it can also provide cooling. Sales of the first product – NIBE SPLIT – will start during spring 2009.
NIBE SPLIT is a variation on the so-called “air/water” or “outdoor air” heat pumps – the most rapidly growing heat pump segment in Europe. The product is primarily designed for markets where the average outdoor air temperature is warmer than is the case in northern Europe, and where there is a greater need for cooling.
“Our current products are mainly developed with the demanding northern European market in mind”, says Kjell Ekermo, business area manager at NIBE Heating (NIBE Villavärme). NIBE is one of the world's leading companies in heat pump technology for commercial and residential buildings.
“The heat pump market in the southern parts of continental Europe is growing rapidly but the climate in this region calls for different specifications. Now, with this new development, we are able to meet these requirements, which obviously gives us a strong market position.”
“We feel that the new product concept will attract new markets as well as new customers.”
“Will attract new markets and customers.”
Hot water, heating and cooling.
NIBE SPLIT consists of an outdoor and an indoor module. MHI’s technology is used primarily in the outdoor module, where the company’s international experience from the air-conditioning industry comes into its own. NIBE Heating has developed the indoor unit along with the advanced control system for the whole product.
NIBE SPLIT produces hot water and heating, distributed via underfloor heating or radiators. On hot days the concept provides cooling instead, which is usually distributed by fan coil convectors.
The new product concept will be sold by both companies under their respective brands, with differing designs. NIBE also estimates that the product launch will make it possible to broaden the business area’s customer base, as NIBE SPLIT also will be of interest to installers of cooling systems.
Growing international market
Interest in environmentally sound, and energy-efficient, heating is growing all over the world. NIBE SPLIT fully supports the European Parliament resolution which, among other things, concluded that by 2020:
In line with the EU decision, both ground source heat pumps and outdoor air heat pumps have been classified as important products in helping achieve these goals.
In Europe alone, the annual replacement market for central heating exchange is estimated at around 5 million units. As NIBE SPLIT is easy to install, generates high energy recovery and leads to substantial cost savings for customers, it will contribute to speeding up the transfer from fossil fuels to renewable energy.
Sales of NIBE SPLIT will start during the first quarter of 2009.
For more information please contact
Business Area Manager, NIBE Heating
+ 46 (0)433 -73 000
Facts about NIBE
NIBE Industrier AB, which has its head office in Markaryd in the south of Sweden, currently employs 5,500 people and has annual sales of some SEK 5,600 million (roughly €504.8 m). The company has been listed on the Stockholm Stock Exchange since 1997. NIBE Industrier consists of three business areas: NIBE Element, NIBE Heating and NIBE Stoves, all engaged in the product development, manufacturing and marketing of heating products. Production takes place in Sweden, Norway, Finland, Denmark, Poland, the Czech Republic, Italy, Spain, the Netherlands, the UK, Austria, China and Mexico.
NIBE Heating develops, manufactures and markets heat pumps, water heaters, domestic boilers and district heating equipment. Annual sales for this business area total around SEK 3,1 billion
About Mitsubishi Heavy Industries Ltd.
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one of the world’s leading heavy machinery manufacturers, with consolidated sales of 3,203 billion yen in fiscal 2007 (year ended March 31, 2008). MHI’s diverse lineup of products and services encompasses shipbuilding, power plants, chemical plants, environmental equipment, steel structures, industrial and general machinery, aircraft, space rocketry and air-conditioning systems.
For more information, please visit the MHI website
NIBE Industrier AB (publ) Box 14, 285 21 Markaryd · VISITING ADDRESS Hannabadsvägen 5, Markaryd · firstname.lastname@example.org · +46 (0)433 27 30 00