Triple Solar

What Triple Solar does

Triple Solar B.V. is a Dutch technology company founded in 2009 by Cees Mager, headquartered in Amsterdam. It designs and manufactures PVT (photovoltaic-thermal) panels that integrate the heat exchanger of a heat pump directly into the rear of the solar panel, enabling an indoor heat pump installation without an outdoor unit. The product portfolio comprises the PVT-warmtepomp 5 (a 5 kW smart propane/R290 heat pump with built-in SIM connectivity), PVT-paneel variants (including the M3 and Terracotta aesthetic option), the Thermische Batterij (a Phase Change Material thermal storage unit manufactured by Sunamp in Scotland and ~4x smaller than traditional boilers), and the My Triple Solar monitoring platform. Supporting sub-products include hybrid (gas-supplementing) and all-electric configurations, plus WKO-Regeneratie for aquifer thermal storage regeneration.

The company monetizes through direct hardware sales of complete PVT systems, a consumer rental offering starting at €159/month with a 15-year commitment, and professional services revenue from the Triple Solar Academy installer training program. The certified installer network supplements direct sales, while enterprise field-sales motions target Dutch housing corporations and concept builders on projects ranging from 40–600 homes. Production takes place at Technologies Added's smart factory in Emmen, with component production also in Amsterdam and Denmark, using European components.

Triple Solar primarily serves Dutch housing corporations, concept builders, individual homeowners, homeowner associations (VvE's), and commercial/utilities buildings, with early German-market expansion via an E-homes distribution partnership. The company has accumulated roughly 10,000 installations since 2009, targets 3,000 installations in 2026, employs approximately 80 people, and raised €10 million in growth funding in January 2023 led by the ABP pension fund. Earlier funding rounds included DOEN Participaties, PDENH, Enfuro Ventures, and Rabobank.

Name

Triple Solar

Legal name

Triple Solar B.V.

Website

https://triplesolar.eu

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Triple Solar designs and manufactures PVT (photovoltaic-thermal) panels combined with indoor heat pumps for gas-free residential heating, cooling, and hot water. Founded in 2009 in Amsterdam, it serves housing corporations, concept builders, and homeowners in the Netherlands and Germany.

Ownership category

akta.pro rank

Product category

Renewable Heating Systems

NAICS

Solar Electric Power Generation (221114), Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing (333415)

SIC

Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)

akta.pro secondary industries

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)

Keywords

• PVT heat pumps
• Hybrid solar panels
• Gas-free heating systems
• Indoor heat pump technology
• Thermal energy storage

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. PVT System Sales: Sale of complete PVT systems including PVT panels, PVT heat pump, and thermal battery. Sold directly to consumers and through housing corporations and concept builders for housing projects.
2. PVT Heat Pump Rental: Rental option starting at €159 per month with a 15-year commitment. Makes the product more accessible to homeowners.
3. Installer Training: Triple Solar Academy provides training to installers, generating revenue through education and certification.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Triple Solar designs and manufactures integrated PVT (Photovoltaic Thermal) systems that combine hybrid solar-thermal panels with an indoor propane heat pump, eliminating the need for an outdoor unit. The system delivers 100% gas-free heating, cooling, hot water, and electricity generation for residential and small commercial buildings, sold directly to consumers, housing corporations, and concept builders. Supporting offerings include the Thermische Batterij (PCM-based thermal storage) and the My Triple Solar monitoring platform.

Product overview

Triple Solar offers an integrated PVT (Photovoltaic-Thermal) system for gas-free heating, cooling, and hot water production in residential buildings. The product portfolio centers on the PVT-systeem, which combines PVT-warmtepomp (indoor heat pumps in versions 3.5 and 5) with PVT-panelen (hybrid solar-thermal panels available in M3 and Terracotta variants). Supporting products include the Thermische Batterij (compact PCM-based thermal storage, 4x smaller than traditional boilers) and the My Triple Solar monitoring platform with built-in SIM connectivity. The system is offered in hybrid configurations (supplementing gas heating) or all-electric configurations (fully replacing gas), with WKO-Regeneratie for larger scale applications. The company produces in Netherlands with European components and provides 15-year full warranty on products.

Differentiator

Problem solved

Functional benefit

Brands

• My Triple Solar: Online platform for monitoring, updates, and integration with home energy management systems for the PVT-warmtepomp.
• PVT-warmtepomp 5
• Thermische Batterij

Products and services

• PVT-systeem Integrated system combining PVT panels (hybrid solar panels with built-in heat exchangers) and an indoor heat pump without an outdoor unit. Generates electricity and heat while providing heating, cooling, and hot water for residential buildings.
• PVT-warmtepomp 5 Fifth-generation smart propane heat pump for indoor installation without an outdoor unit. Features 5 kW modulating compressor, natural R290 refrigerant, built-in SIM card for 24/7 cloud connectivity, and integration with Home Energy Management Systems. Suitable for nearly all house types.
• PVT-paneel Hybrid photovoltaic-thermal panel that generates electricity (like standard solar panels) and extracts heat from outside air via a heat exchanger at the rear. Available in M3 variant with 15% higher yield and a Terracotta color option.
• Thermische Batterij Compact thermal heat storage using Phase Change Material (PCM) technology. Freezes at 58°C and stores heat through phase transition, making it four times smaller than traditional hot water tanks. Available in three sizes (150/200/300). Compatible only with Triple Solar PVT-warmtepomp.
• My Triple Solar Online monitoring platform and mobile app for complete control over PVT-warmtepomp functioning. Provides real-time performance monitoring, firmware updates, and integration with Home Energy Management Systems (HEMS). The heat pump connects 24/7 via built-in SIM card.

Quantifiable outcome

• SCOP up to 5.5
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered core, minor and major.

• SunampcoreOEM/ Whitelabel/ Licensing PartnerThermische Batterij is produced by Sunamp in Scotland. Sunamp manufactures the phase change material thermal storage units for Triple Solar.
• NIBEcoreTechnology or IntegrationCollaboration with NIBE for water/water heat pump technology. NIBE provides the heat pump technology that works with Triple Solar PVT panels for active cooling.
• FortesminorStrategic or Co-development PartnerDevelopment partner for the cooling unit, working together with Triple Solar team on the sustainable cooling solution.
• Rensa Verwarming & VentilatiemajorChannel Partner/ Reseller/ DistributorDistributor expanding sustainable product range with Triple Solar PVT heat pump panels. Rensa has two central distribution centers in Didam.
• E-homes (Germany)majorChannel Partner/ Reseller/ DistributorPartnership for market expansion into Germany. E-homes is an e-homes provider bringing Triple Solar PVT systems to the German market.
• Technologies AddedcoreOEM/ Whitelabel/ Licensing PartnerPVT panel production facility in Emmen, part of the first smart factory of Netherlands. Triple Solar uses this facility for high-tech automation and robotics in production.
• Noorderlicht VenturescoreStrategic or Co-development PartnerPartner in iQSoHuWo demo project providing Home Energy Management System (HEMS) technology combined with Triple Solar PVT heat pumps for social housing.
• Cazas WonencoreStrategic or Co-development PartnerPartner in iQSoHuWo demo project for sustainable energy solutions in social rental housing.

Scale indicators7 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sunamp: UK-based manufacturer of phase-change material thermal batteries used in residential heating. Sunamp produces Triple Solar's Thermische Batterij and is therefore both a partner and a direct competitor in compact PCM thermal storage for heat-pump systems.
• ThermaSun: German manufacturer of PVT (photovoltaic-thermal) hybrid panels for combined electricity and heat generation, with integrated heat-pump solutions. Closest direct competitor in the European PVT category Triple Solar operates in.
• Grammer Solar: German supplier of PVT panels and roof-integrated solar-thermal/PV systems, serving residential and commercial buildings. Overlaps directly with Triple Solar's PVT-paneel product on technology, use case and target customer.

Broad incumbents

• Vaillant: Major European heating technology group (gas boilers, heat pumps, hybrids, controls). Competes broadly with Triple Solar in residential heating decarbonisation, particularly in Germany and the Netherlands where it has strong installer relationships.
• NIBE: Swedish global leader in residential heat pumps and HVAC. NIBE is also Triple Solar's technology partner for the water/water heat pump variant, but its broader portfolio (air-source, ground-source and exhaust-air heat pumps) places it as a broad incumbent whose move into PVT-compatible indoor units could directly threaten Triple Solar's differentiation.
• Bosch Thermotechnology: Division of Bosch manufacturing residential and commercial heating, hot water and heat-pump systems across Europe. A broad incumbent in the same gas-free heating transition that Triple Solar targets, with far larger R&D and distribution scale.
• Daikin: Global HVAC and heat-pump leader with extensive residential and light-commercial product lines across Europe. As Daikin scales its heat-pump portfolio and installer networks, it represents a broad incumbent threat to specialised PVT system makers like Triple Solar.

Regional players

• Rensa Group: Dutch heating, ventilation and sanitary distributor with two central distribution centres in Didam. Triple Solar's distributor partner in the Netherlands, providing regional channel reach comparable to Triple Solar's installer network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds2 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Triple Solar