Heat Pumps with Growth Potential

So far the heat pump has stood in the shadows of other energy producers. That could change fast, because the device is eco-friendly and highly efficient. More and more households have turned to the new technology. The sector's growth rates are enormous. One company taking advantage is Lower Saxony-based Stiebel Eltron. Just in Germany, over 60 thousand heat pumps were sold last year - up a third on the 2007. Heat pumps function even at temperatures of -20 degrees celsius. Our reporter Sascha Quaiser visited the heating specialists at Stiebel Eltron, which reports sales exceeding €400 million annually - more than half abroad. The company employs 3,000 people worldwide. Last year because it couldn't meet demand for heat pumps, so it opened a new production facility in May. Now Stiebel Eltron can produce 60,000 units annually. The jobs are saved.

DW-World | May 19, 2009

Tags:. .celsius. .sascha. .exceeding. .employs. .abroad