Climeon AB receives a conditional 300 MSEK order to produce distributed geothermal electricity in Iceland.
Climeon AB has entered a collaboration with Icelandic CP Energy Holding regarding a conditional order, subject to certain terms and financing being acquired, to deliver 100 Climeon Heat Power modules to be installed in Iceland as one of the world's first distributed geothermal power solutions. The value of the order is 30 MEUR, in addition to that the order also includes services which adds up to a total order value of approximately 300 MSEK. The modules will be distributed across 10 to 15 individual sites and installed over a period of 30 months. The total installation, providing 15 MW of