German Heat Pump Industry Expects Strong Growth
2020-07-23
Germany’s heat pump industry is optimistic that new public incentives will boost sales in the coming years, following rather sluggish growth in 2019. Data from the German heat pump association Bundesverband Wärmepumpe (BWP) demonstrate that 86,300 heat pumps were installed in the country in 2019, an increase of 2% compared with the previous year, bringing the total number to 966,000 units.