Realestate | Hoval Group
Hoval Group - strengthens Europe’s heating transition - Subsidiary YADOS opens Green Factory in Germany
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The Hoval Group is further expanding its commitment to sustainable energy technology. Its subsidiary YADOS GmbH has officially inaugurated the third con- struction phase of its production site in Hoyerswerda, Germany, developing it into an energy-efficient Green Factory.
Among the attendees at the opening ceremony were Peter Frick, long-time Chairman of the Board of Directors and representative of the Hoval shareholder family, Torsten Ruban-Zeh (SPD), Lord Mayor of the City of Hoyerswerda, and Udo Witschas (CDU), District Administrator of the Bautzen district.
Covering an area of 24,000 square metres, the expanded facility sets new standards in the produc- tion of efficient system solutions for modern district heating networks. The Hoval Group will invest a total of EUR 20 million in the expansion of the site, thereby supporting the structural transformation in Saxony.
The new production facility boosts manufacturing capacity and paves the way for expanding the workforce from 330 to as many as 600 employees. YADOS already supplies components and sys- tems from Hoyerswerda to more than 50 countries worldwide.
The Green Factory uses an integrated energy concept combining photovoltaics, heat pumps, deep geothermal energy, power-to-heat technology, and a combined heat and power plant (CHP). 1,500 solar modules generate several hundred thousand kilowatt-hours of electricity annually. In addition, 33 geothermal boreholes up to 99 metres deep have been drilled to cover the building’s heating re- quirements in combination with Hoval heat pump systems. When solar input is low, a CHP plant powered by eco-gas provides heat and electricity. Surplus energy is converted into heat and stored using power-to-heat technology. The goal is to achieve an increasingly CO2-neutral production pro- cess in line with the objectives of the EU Green Deal.
Richard Senti, Chairman of the Board of Directors, Hoval Group
“The opening of the Green Factory fills me with great pride in YADOS, in the team and in the collab- oration within the Hoval Group. With this site, we are not only creating regional value but also solu- tions that have an impact across Europe. What we are building here is our shared contribution to a secure heat supply for tomorrow, and this journey has only just begun.”
Olaf Besser, Authorized Officer, YADOS GmbH
“With the Green Factory, we combine technological innovation with regional responsibility. Our in- vestment here is not only in state-of-the-art production, but also in climate protection, jobs and qual- ity of life. The energy transition does not grow in PowerPoint slides but in tangible projects on site, projects driven by people who believe in the future of this region. Sustainability is not a disadvantage but the key to economic strength.”
From right to left: Richard Senti (Chairman of the Board of Directors, Hoval Group), Olaf Besser (Au- thorized Officer, YADOS GmbH), Peter Frick (long-time Chairman of the Board and representative of the Hoval shareholder family), Frank Stiehler (Managing Director, YADOS GmbH), Udo Witschas (District Administrator of Bautzen District, CDU), Torsten Ruban-Zeh (Lord Mayor of Hoyerswerda, SPD) and other representatives from business and project partnerships.
About Hoval
Headquartered in Vaduz (Liechtenstein), the Hoval Group is one of Europe’s leading providers of solutions for heating, cooling and indoor climate systems. With 2,500 employees across 15 subsidi- aries, Hoval delivers systems to more than 50 countries and focuses on responsible energy solu- tions for a livable future.
About YADOS
Based in Hoyerswerda, Germany, YADOS GmbH develops and manufactures energy centres, dis- trict heating stations and efficient system solutions for municipal and commercial network infrastruc- tures. As a subsidiary of the Hoval Group, YADOS contributes to the heating transition in the Ger- man-speaking region and beyond.