Heat pump

A heat pump, comprising:

• a first pipe in which a first refrigerant flows;
• a second pipe disposed at a side of the first pipe and in which a second refrigerant flows;
• a first heat exchanger connected with the first pipe and the second pipe and in which the first refrigerant exchanges heat with the second refrigerant;
• a boiler connected with the first pipe and in which the first refrigerant flows;
• a compressor connected with the second pipe and that compresses the second refrigerant;
• a second heat exchanger connected with the second pipe and in which the second refrigerant exchanges heat with an outdoor air;
• a bypass pipe branched from the second pipe and spaced apart from a first side of the second heat exchanger to perform exchange heat with the second heat exchanger;
• a blowing fan disposed on a second side of the second heat exchanger, opposite to the first side, to form an air flow through the second heat exchanger;
• and
• a three-way valve that directs the second refrigerant to pass through the bypass pipe, wherein a first flow path of the three-way valve is connected with the second pipe, a second flow path of the three-way valve is connected with the second heat exchanger, and a third flow path of the three-way valve joins to the second flow path via the bypass pipe, wherein the heat pump operates in a heating mode, in which the second refrigerant discharged from the compressor flows to the first heat exchanger, and in a cooling mode, in which the second refrigerant discharged from the compressor flows to the second heat exchanger, and wherein in the heating mode, the second refrigerant discharged from the first heat exchanger is sent to the bypass pipe.