Panasonic Forms Strategic Alliance with Tado° for Energy-Efficient Heating Solutions
- brg_news_room
- 2 days ago
- 1 min read
Germany: Panasonic Corporation’s Heating & Ventilation A/C Company has entered into a capital and business alliance with Tado°, a European provider of home energy management solutions. Through an equity investment of EUR 30 million (USD 32 million), Panasonic has acquired a seat on Tado°’s board to enhance collaboration and drive innovation in heating solutions. The partnership aims to address the European market’s focus on sustainability and energy efficiency, aligning with strict environmental regulations. This follows a previous agreement between the companies that integrated Panasonic’s heat pump technology with Tado°’s smart heating control and energy management services.
The alliance will facilitate the development of advanced control software for Panasonic’s Aquarea Heat Pumps, optimising energy efficiency based on real-world data. A software update, expected in September 2025, aims to reduce energy consumption by up to 30%. A survey conducted in August 2024 indicated that 75% of Tado° customers still rely on gas or oil heating systems, highlighting the potential for heat pump adoption. Panasonic has been manufacturing Aquarea Heat Pumps in Europe since 2008, with a focus on performance in extreme cold conditions. The company also introduced R290, a natural refrigerant with low global warming potential, in line with European environmental policies.
Source: Architects Data File