The river water heat source heat pump has the advantage in the performance compared to air source heat pump. In this study, an experimental study on a 2-stage heat pump, which is designed to utilize a river water heat source, were carried out. Generally, a heat pump is designed for maximum capacity rate, but it actually operates at part load condition in most cases. Therefore, an information on the part-load characteristic is very important in view of the system overall performance. In this study, part-load performance tests of a R134a 2-stage compression heat pump were carried out over the river water and supply heating water temperature changes.