Climeon

About Climeon AB (publ) 

Climeon is a Swedish product company operating within the energy technology sector. Climeon’s proprietary technology, the Climeon HeatPower system, uses an Organic Rankine Cycle (ORC) process to convert low-temperature heat into clean, carbon free electricity. Providing access to dependable and cost-effective sustainable power, HeatPower enables industries to increase energy efficiency, decrease fuel consumption, and reduce emissions. As a non-weather-dependent source of green energy, HeatPower has the potential to diversify and safeguard the renewable energy mix and, therefore, accelerate the global transition to a net-zero future. Climeon’s B shares are listed on the Nasdaq First North Premier Growth Market. 

Climeon intends to use the proceeds from the Share Issue for the following purposes: 

i) finance the continued commercialization of HeatPower 300, and 
ii) strengthen the Company’s working capital to finance deliveries of existing and expected orders. 

Press release

Website: https://climeon.com/