Project Detail |
The project consists of research, development and innovation (RDI) investments related to environmental friendly heating technologies during the 2022-2024 period.
Additionality and Impact
The RDI activities included in the financed project cover a wide range of innovative developments in the fields of heating, cooling, and ventilation technology.
Important positive knowledge spillovers through RDI cooperation with industrial and academic partners and upstream suppliers. Increase in the technological competence and leadership of the European HVAC sector.
Positive environmental spillovers through the development and manufacturing of products with enhanced energy efficiency, reduced use of natural resources and improved energy efficiency.
The Banks technical contribution and advice is explained by the guidance provided to align the project scope with policy objectives at project origination and the monitoring requirements during project implementation.
Objectives
The aim is to develop technologies and new innovative products in the areas of heat pumps, condensing boilers, wall-mounted boilers and services that help reduce greenhouse gas emissions and improve energy efficiency. The project also include related electronic control and connectivity technologies.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
EUR 120 million
Total cost (Approximate amount)
EUR 262 million |