Climeon one of 3 winners of the innovation contest by Poland’s largest company

Swedish Climeon has together with two Polish partners won an energy efficiency innovation contest organized by Poland’s largest energy company PKN ORLEN. The award included 10 000 Euro in cash and a request for a large scale deployment proposal for PKN ORLEN’s global operations.

In a contest, arranged by Fortune Global 500 company PKN ORLEN, Climeon and two Polish partners presented a waste heat recovery solution to optimize energy efficiency of the company’s crude oil distillation units. The award consisted of a 10 000 Euro financial prize and a request for a large scale deployment proposal for PKN ORLENs global operations.

Energy costs can account for more than 70% of the costs in the European petroleum industry and is an important factor for all oil companies. Climeons solutions, as presented with partners PWPO-T PROMONT and Revolvent, were awarded the prize as the presented solution delivers record high efficiency. Proposed solution included Climeons award winning heat power technology,
Climeon Ocean™, as well as an absorption cooling unit. The solution will convert low-temperature waste heat into 100% clean electricity and cooling.

It's a great privilege to work together with Revolvent and PROMONT in this project.  At Climeon we regard this as just the beginning of a long cooperation in Poland. We see a huge demand for Heat Power solutions in Poland and an eagerness to use the latest technology available”, says Ruben Havsed, Head of Sales Eastern Europe.

Poland has been one of the fastest growing economy in Europe for the last two decades and Climeon has long identified this as a high potential market for Heat Power, says David Ekberg Executive VP at Climeon. Working together with strong local polish partners, such as PROMONT and Revolvent, helps to provide the best possible service to our customers”.

"We believe that, as Poland's largest company, we are not only obliged to search for new technological solutions supporting our business, but also to encourage innovative growth of the entire Polish economy", says Wojciech Jasiński, President of the Management Board of PKN ORLEN.

For PR and communication inquiries, please contact jessika.falkenby@climeon.com

About Climeon
Today, 50% of the world’s energy is wasted as heat. Climeon has developed a technology that recycles and transforms waste heat into heat power creating 100% clean electricity and clean profit. The Climeon Ocean™ solution is powered by Climeon’s innovative C3 Technology, which makes it possible to produce clean electricity at a cost lower than any other source.

The benefits stretch beyond clean electricity and clean profit by also having a positive effect on the environment. Even the smallest Climeon Ocean™ unit can save 200 tons of fuel and 600 tons of CO2 emissions every year. This is the same as planting 30 000 trees and letting them grow for 30 years. Climeon is predicted to have a brilliant future and has won Frost & Sullivan’s Best Practice Award and Sweden’s Cleantech Business Award, to mention but a few.

Climeons vision is to make the world better via brilliant innovations. 
Climeons mission is to make customers more successful by challenging established truths.
The groundbreaking Climeon Ocean solution converts hot water into 100% clean electricity with attractive payback times.

About Revolvent:
Climeon
s marketing and sales representative in Poland. Sells and develop solutions for waste heat recovery and is specialist in HVAC and industrial installations.

About PROMONT
One of the Poland’s largest heat exchanger
manufacturer. Delivers the design, manufacturing and service for the PKN Orlen installations.

About PKN ORLEN
PKN ORLEN is a modern player on the fuel and power market, the largest company in Central and Eastern Europe, and the only Polish company listed among the prestigious Fortune 500.

The company operates six refineries and the region's largest network of nearly 2,700 modern service stations located in Poland, the Czech Republic, Germany and Lithuania.

PKN ORLEN is the only company in the region to have been named The Most Ethical Company of 2014, 2015 and 2016 by the US Ethisphere Institute.

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About Us

Climeon's mission is "business for a better world". The Climeon Heat Power system efficiently converts waste heat into clean electricity, ensuring fuel savings and reduced carbon emissions. The technology has received numerous awards including The World Wildlife Foundation (WWF) 2016 Climate Solver Award.