Geothermal International

Description
Geothermal International is the largest deisgner and installer of Ground Source Heat Pumps in both the UK and European markets. Based in Coventry, the company has been a pioneer within the industry, an has been behind some of the most advanced projects ever undertaken including the UK’s largest “closed loop” GSHP system, and the world’s largest “lake loop” GSHP system.

Rationale
Space heating accounts for a significant proportion of Europe’s carbon footprint, and as governments increase their focus on reaching carbon emissions targets at the lowest possible cost, we expect a continued trend towards low cost emission reduction technologies such as GSHP.

Geothermal International is extremely well positioned to take advantage of this expanding market. It has an unparalleled track record and expertise, and has strong relationships with both public and private sector clients across Europe, and solid plans for further expansion, backed by Novusmodus’ support. 

In addition to its environmental benefits (a reduction of energy usage and CO2 emissions by 50%), GSHP systems have significant financial advantages over other commercial heating technologies. Even against the most cost effective conventional heating systems, Geothermal International’s technology has a short payback period and a significantly longer life of over 50 years. Furthermore, because the system consumes no fuel, it represents a significant hedge against future energy price fluctuations.