Dalrada Financial Corporation announced that its climate technology subsidiary, Dalrada Technology Spain, has entered into an agreement with JBS Consulting, a Paris-based distributor, to build and install as many as 2,300 commercial-grade, energy-efficient heat pumps over the course of five years. At least 150 of the commercial heat pumps are expected to be installed and operational within the first 12 months of the agreement, with increased numbers of the high-functioning machines installed each year?up to 800 in year five?until the contract is fully satisfied. Dalrada?s heat pumps provide decarbonized heating and cooling without combustion or the burning of fossil fuels.

Additionally, the sustainable energy technology in each heat pump can reduce a user?s energy consumption by up to 75%, making them a preferred replacement for existing water heaters, steam boilers, chillers, and cooling towers. With the new agreement, JBS Consulting becomes the exclusive distributor of Dalrada heat pumps for France and select neighboring countries. It also increases the potential of the company to create a building and manufacturing center for Dalrada heat pumps in France.