Fujitsu General Limited has established a joint venture, FGAHP, for the manufacture of heat pump water heating systems known as ATW within Europe.
The company will work to expand ATW sales to achieve a decarbonised society. Ownership of FGAHP is split with 51 per cent held by Fujitsu General and 49 per cent held by SIC, a 100 per cent subsidiary of GA, which manufactures boilers and other heating-related equipment.
FGAHP was established in December 2022, in Billy-Berclau, France, where SIC is located.
In a statement, Fujitsu General said to prevent global warming the company is committed to expanding its ATW business, which is expected to reduce carbon dioxide emissions by replacing equipment that use fossil fuels.
“We expect to sell approximately 500,000 units throughout Europe in FY2025,” the statement said.
“The establishment of FGAHP will contribute to this sales expansion and ATW is a core product “
GA is a France-based company established in 1968 to manufacture water heater and heating equipment.
GA has worked with Fujitsu General for over 30 years as a distributor of air conditioner products of in France.
“Since 2009, we have entered into a joint development agreement for ATW to collaborate on product development and market exploration, which has led to our number one ATW market share in France, the largest ATW market in Europe,” the statement said.
“In recent years, we have deepened our collaboration through exchanges of engineers and expansion of the scope of joint development.”
ATW provides indoor heating and hot water supply by pumping hot water produced with heat pump technology to radiators, floor heating units, and hot water storage tanks.
By utilizing heat pump technology, compared with heaters fuelled by oil or coal, ATW is expected to reduce carbon dioxide emissions significantly.
FGAHP also plans to produce ATW Monoblock (outdoor unit with water heat exchanger), which is jointly developed with GA. It was officially launched in January 2023.
ATW Monobloc is unique in that the water heat exchanger is placed inside the outdoor unit. Unlike the separate-type version of ATW, in which the water heat exchanger is placed indoor, the ATW Monobloc does not require refrigerant piping work, making it easy to install.