Progress in geothermal project in the US
Climeon delivered four Heat Power modules to Wendel Energy Operations I in December 2018. Following the delivery, the installation was delayed due to local external factors. In order to be able to complete the installation, the land lease linked to the customer site has been transferred to a newly formed entity controlled by Baseload Capital. This means that Climeon will be able to to fulfil its commitments regarding installation and commissioning. - We’re very pleased that we will now be able to complete our first US project with Baseload Capital as the new power plant owner, says