TECH - Heat Pumps Promise To Be The Breakthrough Technology Of 2024 | Benzinga
Although heat pumps are a well-established technology, they are making quite a progress in their contribution to action against climate change as they are promising to decarbonize homes, buildings and even manufacturing by both heating and cooling spaces by using electricity. While they have been used since the mid-20th century, the technology has been evolving in many ways to aid facilities cut their emissions dramatically.
Although China and Japan together make up more than half of new patents filed on heat pump technology since 2010, and Mitsubishi Corporation (OTC: MSBHF) being among the key players, North-America-based Worksport Ltd (NASDAQ: WKSP) subsidiary Terravis Energy Inc just announced a breakthrough in early test results for its working prototype of its Cold Climate, Air Source Residential Heat Pump (CCHP).
Worksport-Backed Terravis Promises To Outperform Current CCHP Performance
Traditional CCHP units perform at temperatures of approximately -25ºC. Worksport and Terravis developed a prototype ...