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Platmech Secures €2M Partnership with TCL

Climate-tech Platmech secures €2M funding and exclusive partnership with TCL to bring award-winning heat pump technology to Ireland's building market.
Platmech and TCL
Platmech and TCL

Climate-tech company Platmech has announced a significant €2 million capital injection and an exclusive national partnership with Chinese engineering giant TCL, a global company with revenues of approximately $43 billion. This strategic alliance marks a milestone for Ireland's climate technology sector and home building industry.

Partnership Details

The partnership will introduce TCL's award-winning Tri-Thermal R290 heat pump range to the Irish market for the first time. This climate-friendly technology has received prestigious recognition, including the 2025 Red Dot and iF design awards, positioning it as a premium solution for developers and builders.

Leadership Strengthening

Coinciding with the investment, Platmech has strengthened its leadership team with industry veteran Gerry McDonagh as chair and Kevin Stanley as investor-director. They join commercial director Eoin O'Donoghue and managing director and founder Donal Somers, who established the company in 2014.

TCL's Manufacturing Advantage

TCL manufactures almost all its critical components in-house, from inverter PCBs to control software, ensuring tighter quality control, resilient supply chains, and faster innovation cycles. This vertical integration provides significant advantages in product reliability and performance.

Market Impact and Climate Alignment

With Ireland's climate targets, energy cost pressures, and EU refrigerant phase-out driving heat pump demand, this investment positions Platmech as a capital-backed, growth-focused provider helping clients reduce compliance risk, improve EPC ratings, and strengthen margins.

Executive Perspectives

Gerry McDonagh described this as "a milestone moment for Platmech and for Ireland," emphasizing that the partnership delivers "climate-aligned technology that is both commercially competitive and future-ready." Arya Hu, deputy director of TCL Heat Pump Europe, expressed excitement about combining TCL's world-class engineering with Platmech's local expertise and market insight.

Donal Somers highlighted that the partnership reflects their commitment to "combining world-class innovation with trusted Irish delivery," giving developers and businesses confidence that their chosen systems will remain efficient, reliable, and compliant well into the future.

About the author
Decoge

Decoge

Decoge is a tech enthusiast with a keen eye for the latest in technology and digital tools, writing reviews and tutorials that are not only informative but also accessible to a broad audience.

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