Renewable Energy Magazine
Date: 06 May 2020
Climeon has received its first order within geothermal heat power in Taiwan, a new geographical market for the company. The order comes from Baseload Power Taiwan and includes Climeon Heat Power systems as well as design and consultancy services for the surrounding power plant. The total order value amounts to about $4 million.
The target is to deliver the heat power modules by the end of the year. Associated design and consultancy services will be delivered as the project progresses. The power plant is expected to be one of the first commercial geothermal heat power plants in the country.
“We are proud to continue our global expansion through a first order in Taiwan. The geological conditions combined with financial incentives for green electricity production makes Taiwan an interesting market with great potential for Climeon,” says Thomas Öström, CEO of Climeon.
“Taiwan is a prioritized market for Baseload Capital and we are very happy be able to start executing on a first power plant in the country,” says Van Hoang, president of Baseload Power Taiwan. [FULL STORY]