Case
International wholesaler saves €435K in annual heating costs
As part of its transition to renewable energy sources before the end of 2030, European sourcing and service company Solar Group decided to replace its environmentally-harmful gas boiler technology with the Nova Series heat pump solution when it expanded its central warehouse in Denmark to over 60,000 m².
90.2%
warehouse heating cost reduction
261 tons
annual CO₂ emission reduction
2 years
investment payback period
Challenge
- Underscore and advance the Group’s 2030 renewable energy source initiative.
- Reduce annual warehouse heating costs of approx. DKK 3,600,000 / £ 412,000 / € 482,000.
- Reduce annual warehouse CO₂ emissions (approx. 370 tons).
Solution
- Direct replacement of boiler technology with Nova Series scalable heat pump solution.
- Compact modular design providing optimal space-saving rooftop installation.
- 11 centrally-controlled modules in 3 rows supplying a 1.2MW delivery at full duty.
Result
- 90.2% decrease in warehouse heating bill (annual saving: DKK 3.25m / £ 373,927 / €435,782).
- 97.6% decrease in warehouse CO₂ emissions (annual reduction: 261 tons).
- 2-year payback period on investment.
”The project developed from a purely green initiative into a highly attractive investment with substantial cost savings. We’re delighted with the results”
Dennis Jeppesen
Group Vice President, Solar
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