LG Electronics is expanding supplies of high-efficiency heat pumps centered on European residential complexes. The strategy is to lead with heating and cooling solutions tailored to local residential environments in line with Europe's low-carbon heating transition policies.
LG Electronics said on the 17th it recently won a contract to provide heating and cooling solutions for a residential complex of about 1,000 dwellings in the Calle Fuerzas Armadas area near Madrid, Spain. LG Electronics is installing the high-efficiency, large-capacity heat pump "LG Multi V i" (Multi V i) in the complex.
LG Multi V i is a product that applies a high-efficiency inverter compressor and an artificial intelligence (AI)-based smart control system. It uses R32 refrigerant, whose global warming potential (GWP) is about 30% of that of the conventional R410A refrigerant, enabling compliance with European environmental standards, the company said.
LG Electronics said it reflected local customer needs from the early stages of this project through design, certification, and installation. The "1-port shut-off valve unit," a safety device that detects and blocks refrigerant leaks, was designed smaller and lighter than competing products, improving installation convenience in Europe's relatively tight residential environments.
Residential residences are also being supplied in Serbia. LG Electronics is providing a customized heat pump solution for about 500 dwellings centered on Multi V i and Multi V s (Multi V s) to the King's Circle (King's Circle) and The One (The One) residential residences in Belgrade, the capital of Serbia.
This project applies a method that provides heating and cooling and hot water with a single outdoor unit. The system was simplified to enable air conditioning and hot water supply without a separate heat-recovery unit, reducing construction costs and improving installation efficiency.
LG Electronics is stepping up its push into the European heat pump market with products such as the air-source heat pump "Therma V R290 Monobloc" (Therma V R290 Monobloc). This product uses R290 refrigerant, which has a global warming potential of 0.02. LG Electronics has also won orders to supply high-efficiency heat pumps to newly developed dwelling complexes in Eindhoven and Ridderkerk, the Netherlands. In five Southern European countries including France and Spain, it has completed installations for more than 100,000 households.
The European heat pump market is growing against the backdrop of electrification policies that expand low-carbon heating in new buildings and the European Union's REPowerEU policy. According to the European Heat Pump Association (EHPA), total heat pump sales in 2025 across 16 major European countries were 2.63 million units, up more than 11% from a year earlier. Market research firm MMR Statistics projected that the European heat pump market will grow to about $46 billion by 2032.
LG Electronics is also expanding infrastructure for installing and maintaining heat pump boilers in Korea. LG Electronics said it conducted installation and maintenance training for new heat pump boilers for domestic heating and cooling engineers at the LG heating, ventilation, and air conditioning (HVAC) Academy in Pyeongtaek, Gyeonggi, on the 26th of last month. More than 4,000 people have received LG Electronics' professional installation training since 2014.
LG Electronics operates cold-climate heat pump research labs not only in Korea but also in Alaska, Oslo in Norway, and Harbin in China. It is also continuing to develop high-efficiency heating technologies in collaboration with universities and institutions in each country.
Lee Jae-sung, head of the ES Business Division (president) at LG Electronics, said, "Residential heat pump customers in Europe consider not only product efficiency but also environmental friendliness and ease of installation," and added, "We will strengthen our push into the European market based on a diverse portfolio of heating and cooling solutions and engineering capabilities."