Friday, December 22, 2017

USA, California: Swedish Company to Supply Geothermal Power Plant in Lassen County

Climeon: Climeon receives its first US geothermal order (News Release)

Swedish company Climeon has received an order for a geothermal power plant in California, the world's largest market for geothermal power. This is yet another proof of Climeons competitiveness in the renewable geothermal baseload power market which is a multi-billion-dollar market that has the potential to completely phase out fossil fuels.

The customer, Wendel Energy Operations I in Susanville, Lassen County, in Northern California, has ordered four Climeon Heat Power systems with delivery in 2018. The power plant has a fifteen years offtake agreement with a local utility and provides vital baseload power to the community. Climeon has been instrumental in structuring the financing of the project.