SaltX wins significant European gas heat pump project
- Awarded nearly 2 million Euro by the EU’s Horizon 2020 program SaltX Technology – listed on NASDAQ First North in Stockholm – has been awarded a grant of 1.98 million Euro from the European Commission under the “Horizon 2020” program and its dedicated SME Instrument. The objective of the project is to demonstrate that SaltX gas heat pump technology can be readily deployed by major gas boiler manufacturers and field tested by gas utilities throughout Europe. The project starts immediately and runs for 24 months.SaltX Gas Heat Pump concept – HeatBoost – has the potential to increase the