In order to control the root-zone temperature of greenhouse crops in the hydroponics at hot and cold season, heat pump system for cooling and heating was built and tested in this work. The system was air-to-water type and vapour compression type. The heating and cooling mode was selected by the four way valve. Capacity of the compressor was 3.75㎾ and heat transfer area of the evaporator and the condenser were 3.05㎡ and 0.6㎡, respectively. According to the performance test, it could supply heat of 42,360 to 64,372kJ/h depending on the water circulation rate of 600 to 1,500ℓ/h, respectively, when indoor air temperature was 10∼20$^{C}$. COP of heat pump system was 3.0 to 4.0 in the heating mode. But, COP of the cooling mode was 1.3 to 2.1 at indoor temperature of 20∼35$^{C}$. The feasibility test in the greenhouse the developed heating and cooling system was installed, showed that the heating cost of the developed system was only about 13% of that of the conventional heating system. The heating cost of the developed system was 367won/day(electric consumption 9.7㎾h/day), while that of the conventional system was 2,803won/day(oil consumption 7.7ℓ/day) at the same heating mode.