Climeon

2024: A Year of Progress, Partnerships & Power at Climeon As we close out 2024, we’re proud to reflect on the milestones we’ve achieved and the momentum we’re carrying into 2025. From global installations to strengthened partnerships, Climeon’s HeatPower technology has continued to support efforts toward decarbonization and energy efficiency across industries. Here’s a look at 5 key highlights that defined our 2024 journey: 👉 Growing our Global Customer Base – Climeon’s HeatPower 300 will be installed on the world’s largest cement carrier further expanding our impact in the maritime sector. 👉 Commitment to Customer Success – This year saw the successful delivery of six HeatPower 300 units to HD Hyundai Heavy Industries. Additionally, Climeon’s HeatPower 300 units are now operational at NEO GROUP’s industrial plant in Lithuania, supporting more efficient and sustainable production. 👉 Building Strategic Partnerships – New partnerships with Franman, World Ocean Co. Ltd, and Grandbow Technology have expanded Climeon’s global reach, providing new opportunities to connect with potential customers and access new markets. 👉 Securing Financial Growth – A successful SEK 50M directed share issue strengthened Climeon’s financial foundation, reinforcing our ability to drive sustainable growth and meet the needs of our expanding customer base. 👉 Shaping Industry Conversations – This year, we engaged with stakeholders at events like SMM, Posidonia, and the Energy Tech Summit, and contributed to the CHEK project’s final results. These platforms allowed us to support industry discussions around maritime, energy, and industrial decarbonization, foster new connections and expand industry awareness. As we look ahead to 2025, we’re energized by a surge in customer interest, more inquiries, and deeper customer dialogues around sustainable power solutions. With growing momentum across the maritime, energy, and industrial sectors, we’re optimistic about the path ahead. We remain committed to scaling the impact of #HeatPower technology, driving greater production of sustainable power and supporting global efforts to reduce CO2 emissions. To everyone who has been part of our journey this year — thank you for your support, collaboration, and trust. Here’s to continued progress and shared success in 2025! #2024YearInReview #SustainablePower #WasteHeatRecovery #ORCTechnology #Decarbonization #EnergyEfficiency #SustainableShipping #CleanEnergy

We’re pleased to share a key milestone in our project with HD Hyundai Heavy Industries. All six of Climeon’s HeatPower 300 units have been delivered to HD-HHI’s shipyard in South Korea. These units will be installed on board six new dual-fuel, green methanol container ships being built for A.P. Moller - Maersk. This progress highlights Climeon’s role in advancing sustainable shipping. By capturing low-temperature #WasteHeat from engine cooling water and exhaust gas, the HeatPower 300 system boosts energy efficiency, reduces fuel consumption, and lowers #GHG emissions. This technology not only supports today’s cleaner fuels but also prepares ship operators for future energy transitions. Next year, our team will be on-site in Ulsan, Korea, to support the commissioning of the units, ensuring a smooth start-up and reliable operations for our customer. This milestone reflects Climeon’s continued commitment to supporting shipowners on their journey toward more sustainable shipping. Learn more about how Climeon’s HeatPower technology is driving energy efficiency and emissions reductions: https://lnkd.in/etRzMsvW https://lnkd.in/dTziTMWV #EnergyEfficiency #MaritimeSustainability #ORCTechnology #SustainableShipping

Climeon Signs Order with NovaAlgoma for HeatPower 300 Installation on Groundbreaking Cement Carrier 🌍🚢   Climeon is proud to announce an order from NovaAlgoma Cement Carriers (NACC) for its HeatPower 300 Organic Rankine Cycle (ORC) waste heat recovery system. The system will be installed as Owner-Furnished Equipment (OFE) on the new-build NovaAlgoma 38,000 DWT methanol dual-fuel cement carrier, under construction at Zhejiang Xingle Shipbuilding in China. This RINA-classed vessel will set a new benchmark for sustainable shipping in the cement industry.   The HeatPower 300 will generate up to 300 kW of sustainable electricity on board the world’s largest cement carrier by capturing waste heat from the engine's cooling water and exhaust gases. By reclaiming energy that would otherwise be lost, the system supports NACC’s efforts to reduce fuel consumption and emissions.   Francesco Costagliola, Technical Director at NovaAlgoma, shared his thoughts on the collaboration:   “At NACC we’re committed to setting a standard for sustainable, energy-efficient operations. Integrating Climeon’s waste heat recovery technology not only supports our sustainability goals but also provides a practical way to meet increasingly stringent environmental regulations while enhancing operational efficiency.”   This partnership highlights Climeon and NACC’s shared commitment to advancing cleaner, more efficient shipping. By providing cost-effective, fuel-independent electricity, the HeatPower 300 supports the maritime sector’s shift to future-ready fuels like methanol.   🔗 Read the full announcement here: https://lnkd.in/dg8Y4BxD   #SustainableShipping #HeatPower300 #MethanolFuel #MaritimeInnovation #Climeon #WasteHeatRecovery #GreenShipping #EnergyEfficiency #Decarbonization

Future-Proofing Shipbuilding: Meeting IMO & FuelEU Compliance 🚢 🌍 The maritime industry faces ambitious GHG intensity reduction targets, with FuelEU Maritime Regulation milestones ranging from 2% as of January 1st, 2025 to 80% by 2050 (relative to 2020 levels). Achieving these goals requires innovative solutions that enhance efficiency and sustainability without compromising operational performance. Discover how Climeon’s HeatPower 300 technology—a low-temp ORC waste heat recovery solution—supports shipyards and shipowners in meeting these regulatory demands while preparing for a multi-fuel future. 🔗 Read the full article to learn more here: https://lnkd.in/d_fJ7d_p Let’s lead the way toward decarbonizing the maritime industry. #FuelEUCompliance #IMO2050 #SustainableShipping #ORCTechnology #WasteHeatRecovery #EnergyEfficiency

🌍 Unlocking the Power of Geothermal with ORC Technology 🌍 As we move toward a renewable future, geothermal energy stands out for its ability to deliver clean, consistent power. Yet, this valuable resource has often been limited by high costs, geographic constraints, and misconceptions about its scalability. At Climeon, we believe Organic Rankine Cycle (ORC) technology, like Climeon's HeatPower 300, can break down these barriers. Our latest article dives into how ORC technology has the potential to transform the geothermal landscape by: ✔️Reducing Project Costs: ORC technology allows power generation from lower-temperature geothermal sources, cutting down on drilling depth and costs. ✔️Expanding Geothermal Reach: By enabling geothermal projects beyond traditional hot spots, ORCs makes geothermal energy viable in new regions and communities. ✔️Reshaping Perceptions: ORCs show that low-temperature geothermal isn’t just feasible—it’s efficient and profitable, paving the way for broader adoption. ✔️Enhancing Sustainability: By requiring minimal infrastructure for micro plants and the ability to recover low-temperature heat to boost efficiency at flash plants, ORC technology maximizes geothermal’s environmental benefits. Together, we can make geothermal energy more accessible, sustainable, and ready to support a low-carbon future. 🌱 Read the full article to see how ORC technology is accelerating geothermal growth and opening up new possibilities: https://lnkd.in/dWT7sJiw #GeothermalEnergy #RenewableEnergy #ORCTechnology #EnergyEfficiency #ClimateSolutions #CleanEnergy #EnergyInnovation #GeothermalPower

Climeon's Q3 2024 report is now available. Follow the link below for an in-depth look at Climeon's third quarter. https://lnkd.in/gUgiQ5ZD

🌍 The World Energy Outlook 2024 by the International Energy Agency (IEA) was published this week, offering key insights into the future of global energy systems and the critical role of energy efficiency and decarbonization in achieving net-zero goals. At Climeon, we’re proud to contribute to these priorities with our HeatPower technology, which converts low-temp waste heat into sustainable electricity. In our latest blog, we highlight five key ways our technology supports the advancements called for in the WEO 2024—helping industries reduce emissions, stabilize energy systems, and drive sustainable growth. Read more about how Climeon’s HeatPower is paving the way for a sustainable energy future: 🔗https://lnkd.in/dy3kSaFp #WEO2024 #EnergyEfficiency #Decarbonization #WasteHeatRecovery #SustainableEnergy #NetZero #CleanEnergyTech #Climeon

🔍 How can Europe's energy-intensive industries (EIIs) safeguard their future while reducing emissions and operational costs? Climeon's HeatPower 300 is designed to turn low-temperature waste heat into valuable energy, helping industries reduce emissions, cut costs, and enhance operational efficiency. In our latest blog, we dive into how this solution can help to safeguard the future of Europe’s EIIs. 🏭♻️ Explore the full insights here: https://bit.ly/3BI8gQY #Sustainability #EnergyEfficiency #Decarbonization #WasteHeatRecovery #HeatPower300 #EnergyTransition

Climeon completes a directed share issue of 98,425,199 class B shares, raising proceeds of approximately SEK 50 million. For further details, please refer to the following press release: https://bit.ly/4dw8He0

Climeon explores the conditions to carry out a directed share issue of class B shares of approximately 50 MSEK For more information, please refer to the following press release: https://bit.ly/3N7KZtQ