Northvolt team targets heat pumps as-a-service with Aira
Vargas, the Swedish company behind battery firm Northvolt and H2 Green Steel, has announced the launch of Aira, a new domestic clean energy venture focusing on heat pumps.

Based on a subscription model, Aira will look to offer customers a turnkey solution for decarbonising their domestic heating, including planning, installation, maintenance and the integration of government grants. The company is currently running a pilot in Italy and is due to launch later this year in the UK, where just one per cent of homes are equipped with heat pumps and government schemes to increase adoption have so far fallen flat. Aira said it plans to serve five million homes across Europe within 10 years.
“The EU’s Fit-for-55 is a vital political framework for reaching the Paris Agreement, but we need bold business initiatives to meet the commitments,” said Harald Mix, founder and chairman of Vargas and Aira.
“By applying Vargas proven model of vertical integration and scale, Aira can offer consumer cost-savings as well as greener residential heating – this is the most efficient way to achieve net zero. The heat pump technology is widely adopted across Scandinavia. Aira’s offering, together with national regulations and subsidies, will accelerate adoption across Europe.”
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