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Around the world, more and more governments are setting climate-action requirements for new buildings: in Germany alone, for example, 65 percent of new heating systems will have to be powered by renewables by 2024. Bosch will invest an additional 300 million euros in the heat-pump business by mid-decade and is expecting the market to grow by 15 to 20 percent annually until 2025. The supplier of technology and services aims to grow twice as fast as the market. Bosch wants to do its part in existing buildings as well: with its hydrogen-ready gas-fired boilers, the company is easing the switch from natural gas heating systems to hydrogen ones.
Reproduction for press purposes free of charge with credit “Picture: Bosch”.