Phoebus Energy unveils hybrid water heating system in Israel

Phoebus Energy unveiled its hybrid water heating system last week at the community center in Gilo, a neighborhood of Jerusalem, according to an article in The Jerusalem Post.

Phoebus Energy, founded in 2007 with $2 million in seed funding from Terra Venture Partners, has developed a hybrid heat pump system that integrates with existing oil-based systems to make them more efficient. Newly appointed CEO Yaron Tal told The Jerusalem Post that Phoebus Energy’s system saves between 50 and 70 percent of oil and reduces pollution by 80 to 90% compared to a traditional heat pump system.
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