More in

Aira to invest £300mn in UK heat pump market

Swedish clean energy-tech company Aira has launched in the UK with a pledge to invest £300 million in the next three years to accelerate decarbonisation.

Image copyright © Sergii Figurnyi - Adobe Stock.

Aira’s ambition is to help one million UK customers switch from gas boilers to a clean energy-tech solution over the next decade. The UK government’s mission is to increase heat pump uptake to 600,000 installations a year by 2028 to reduce the nation’s reliance on imported fossil fuels.

Aira’s clean energy-tech solutions include intelligent heat pumps, solar panels, battery storage, and electricity tariffs. The company offers an all-inclusive plan, a 10-year Comfort Guarantee, and a 30-day order to installation commitment – with zero upfront cost.

Today Aira UK is a team of 200 employees, consisting of clean energy experts and supporting roles, with 600 employees globally. Earlier this year, Aira acquired Sheffield-based All Seasons Energy, a renewable energy specialist. To accelerate rapid growth, Aira is investing in two Aira Academies, one in London and one in Yorkshire, that will train thousands of clean energy experts.

“The UK is a crucial market to decarbonise, being one of Europe's most populated countries and with the lowest heat pump penetration rate of just 1%,” said Martin Lewerth, Aira Group CEO. “We are excited to introduce Aira's innovative home energy solution in the UK, and we are confident that our offering and value proposition, which includes substantial consumer cost savings, no need for lifestyle changes, and a zero upfront payment model, will be well-received.”