Triple Solar expands to Germany

February 1, 2024

Triple Solar, portfolio company of PDENH and manufacturer of smart PVT heat pump and panels, has joined forces with a German provider of e-home solutions. This company supplies solar panels, batteries, charging stations and heat pumps directly to private individuals. With this collaboration, Triple Solar's smart PVT solutions are now more widely available to the German public.

Suppliers with a wide range of CO2-saving home solutions contribute significantly to the energy transition in Germany. Triple Solar's PVT heat pump fits perfectly into that offering: the heat pump combines electricity generation with heat production and thus reduces CO2 emissions when heating and cooling homes.

Since joining forces, the German branch of Triple Solar - with its own installation teams - has been offering home batteries, charging stations and PV heat pumps & PV installations directly to private individuals, both for sale and rental. This means an expansion of the existing offering in Germany.

Silent alternative

Currently, air/water heat pumps are mainly installed in existing buildings in Germany. If these cause noise pollution in a densely built-up region, there is often no alternative. The silent PVT heat pump without outdoor unit from Triple Solar now offers the solution for this.

Logical next step

Triple Solar introduced this PVT heat pump in March 2023 at the international installation fair ISH in Frankfurt. This generated such a positive response that further expansion in Germany was a logical and necessary next step.

CEO Triple Solar DE Daan Belgers: “Over the course of the year, we will further expand our existing portfolio with PVT systems, so that we can respond even better to the needs of our customers, thereby strengthening our pioneering position in Germany as a provider of e-homes.”

Investment Manager PDENH Jonathan Moed: “Germany offers a large and interesting market that fits well with Triple Solar's PVT solution. By joining forces, Triple Solar can fast track-introduce PVT heat pumps in the German market.”

About PDENH

PDENH was founded by the province of North Holland with the aim of stimulating the sustainable economy in North Holland. The fund invests in companies and projects that focus on the energy transition, circular economy and sustainable mobility. The fund has a size of € 85 million and has invested in more than 30 companies and initiatives since its inception. PDENH is managed by KplusV and Startgreen Capital. www.pdenh.nl