Newheat designs, builds, finances, and operates custom renewable heat production and recovery plants for large industrial sites and district‑heating networks. By integrating waste‑heat recovery, solar‑thermal, geothermal, bioenergy, heat‑pump electrification and thermal storage, it delivers carbon‑free, reliable heat that matches each client’s process needs while remaining cost‑competitive.
Funding
$32.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Industrial facilities and district heating networks rely heavily on fossil‑fuel based heat, leading to high CO₂ emissions, volatile energy costs, and regulatory pressure to decarbonise. Existing heat supply options often lack flexibility, local resource integration, and long‑term economic competitiveness.
Solution
Newheat designs, builds, finances, and operates bespoke renewable heat production and recovery plants for large heat consumers. By combining locally available resources—such as waste‑heat recovery, solar thermal, geothermal, bioenergy, electrification with heat pumps, and short‑ and long‑term thermal storage—the company creates carbon‑free heat that matches each client’s process requirements. Projects are delivered as turnkey installations or as heat‑as‑a‑service agreements, with long‑term performance guarantees and full operational management. Advanced system modeling, engineering, and control integration ensure optimal sizing, efficient operation, and reliable supply, while the modular technology mix keeps the solution competitive with conventional gas heating.
Target Audience
Primary customers are large industrial sites and municipal district‑heating operators seeking to replace fossil‑fuel heat with low‑carbon, cost‑stable supply.
Features
- Integrated waste‑heat recovery, solar‑thermal, geothermal, biomass/biogas combustion, and heat‑pump electrification tailored to site‑specific resource availability
- Short‑ and long‑term thermal storage systems that balance supply and demand and enable peak‑shaving
- Full‑service business models: turnkey EPC delivery or 15‑30 year heat‑as‑a‑service contracts with financing included
- Proprietary system modeling and control platforms that optimize plant performance and ensure reliable operation
- Modular plant design allowing seamless integration with existing industrial processes or district‑heating networks
- Proven track record across sectors (food, malt, greenhouses, copper mining, district heating) with over 92 GWh of renewable heat delivered