Bosch invests one billion euros in heat pump business | free press

by time news

2023-04-19 22:06:27

Bosch intends to invest more than a billion euros in the development and production of heat pumps in the coming years. Part of it is to flow into a new plant in Poland.

The Bosch technology group intends to invest more than a billion euros in the development and production of heat pumps by 2030. Around 255 million alone are to flow into the construction of a new heat pump factory in Dobromierz, Poland, as the group announced on Wednesday in Stuttgart. Construction work in the village, about 70 kilometers from Wroclaw (Breslau), is scheduled to start in 2024. The start of production is planned for the turn of the year 2025/26. Around 500 new jobs are to be created there by 2027.

At the same time, Bosch wants to strengthen its existing heat pump locations in Europe. In Eibelshausen, Hesse, the production of components for heat pumps began at the beginning of the year. The development capacity for the devices in Germany had already been expanded beforehand. In addition to another German location, Bosch also develops or manufactures heat pumps in Portugal and Sweden, among other places.

Growth drivers for Bosch

Heat pumps are a growth driver for the building technology division of the foundation-managed company. The Bosch Home Comfort Group (formerly: Bosch Thermotechnik) had recently recorded record sales. Compared to the previous year, sales in 2022 rose by 13 percent to 4.5 billion euros. The German heat pump business had increased by 75 percent, worldwide the plus was 54 percent.

Heat pumps draw heat from the environment, i.e. the air or the ground, and use it to heat the building. If sustainably generated electricity is used, there is no environmental pollution from CO2 emissions. The federal government has set itself the target of 500,000 newly installed heat pumps per year from 2024. (dpa)

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