Kensa Group, a leading UK-based ground source heat pump supplier, has announced a new £70m investment in its operations. The funds, raised through a mixture of equity and debt, will be used to expand production capacity and develop new products for the growing renewable energy market.
One of the primary drivers for Kensa’s investment in ground source heat pumps is the increasing demand for low carbon heating solutions. As the UK government targets net-zero emissions by 2050, the importance of renewable energy sources is becoming ever more critical.
Ground source heat pumps are one of the most efficient and environmentally friendly heating systems available. They work by extracting heat from the ground and moving it indoors, using a mixture of refrigeration and heat exchange technologies. This means that they can provide effective heating all year round, even in colder areas of the UK.
Kensa Group has been at the forefront of ground source heat pump technology for several years now. Its innovative products have won multiple awards and are trusted by homeowners and businesses across the UK. With the new £70m investment, Kensa plans to continue this success and cement its position as a key player in the renewable energy industry.
One of the main areas of focus for the new investment will be expanding Kensa’s production capabilities. This will involve building a new 250,000 sq. ft factory in Cornwall, which will enable the company to manufacture up to 40,000 ground source heat pumps per year. The new factory will also create around 500 new jobs in the area, boosting the local economy.
The investment will also be used to develop new products and technologies that will help Kensa meet the evolving needs of the renewable energy market. This will include new ground source heat pumps with even greater efficiency and performance, as well as innovations in energy storage and management.
For homeowners and businesses looking to reduce their carbon footprint and save money on their energy bills, ground source heat pumps are an increasingly attractive option. With renewable energy becoming a key focus for policymakers and consumers alike, Kensa’s investment in this area is a welcome development.
If you are interested in exploring ground source heat pumps for your home or business, the team at Ace Plumbing Repair can help. Our experienced plumbers and heating engineers can provide expert advice on the best heating solutions for your property, as well as professional installation and maintenance services.
At Ace Plumbing Repair, we are committed to providing our customers with the latest and most effective heating technologies, backed by exceptional customer service. To learn more about our services or to book a consultation, visit our website at aceplumbingrepair.com or give us a call at (844) 711-1590.
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