Converting sunlight to ‘cold and gold’
ClimateWell, a sustainable energy systems designer and technology provider, is a world leader in efficient thermal components for indoor heating and air conditioning systems that don’t need oil, electricity or gas. Since its establishment in 2001, the company has pushed its vision for “one billion tons less of CO2”.
“Our company is an innovation engine with over 120 patents that are solely dedicated to ‘clean technology’,” says Per Olofsson, CEO of ClimateWell. Recently, the company released a revolutionary new product for solar water heaters.
Like any other, these harness the sun’s energy to produce hot water. However, ClimateWell’s innovation converts the energy not only into heat but also into cooling for air conditioning. “Until now, nothing really new has happened since the invention of solar vacuum tube technology 40 years ago,” he says.
“Our product is the first solar collector with integrated cooling,” Olofsson continues.
“The new cooling tube is also made of glass, to better fit market needs. This is the next step in the evolution of this industry.”
ClimateWell won General Electric’s “Ecomagination” challenge in 2010, beating out 70,000 other competitors, and allowing it to form a strategic partnership with the US conglomerate as well as multiple applications for its appliances.
The Swedish company is now moving into its next phase of development by entering the Chinese market. China has embraced solar water heaters, and accounts for over 90 percent of the world market in this segment today.
“We work with companies that are world leaders, and we will now do the same in China,” explains Olofsson. “I believe our product is going to take off in this country and transform the industry, which is why it is crucial for us to form partnerships with its market leaders.”
“It’s been a 10-year journey, and we are finally at a stage when we are ready to procede to a new dimension,” he concludes. “This will be our time, and we are going to seize it.”
www.climatewell.com World Eye Reports provided the story
Per Olofsson, CEO of ClimateWell