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Climeon
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Short description

Provider of waste heat recovery solutions based on ORC technology, converting hot water-to-electricity for geothermal, power generation, maritime and other applications

Founded in 2011
Founded in

Company type Public Public (CLIMEB)
Company type

Industry Group energy & power

Sector energy recovery

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Sweden Danderyd, Sweden
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Updated by Hattie Partner at on 04/24/2025

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Date Company
06/09/2020

Baseload Power Taiwan Baseload Power Taiwan

Climeon won the first order within geothermal heat power in Taiwan. The total order value amounts to about SEK 41 million.

Confirmed by Baseload Power Taiwan
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Date Partner Type
04/03/2020
SSAB SSAB
A project is being implemented in collaboration with SSAB and gives Climeon the opportunity to extend its concept of electricity generation from waste heat to also include steam.
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Confirmed by SSAB
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IPO INFORMATION

Date

09/07/2017

IPO status

Listed

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IPO

Amount

Initial shares

Ticker symbol

CLIMEB

Exchange listed

SS

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Date Investors Type Amount
09/28/2020 The Swedish Export Credit Corporation The Swedish Export Credit Corporation , DNB DNB , European Investment Fund European Investment Fund (3)
Post-money valuation of
Loan $8,860,000
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Climeon Ocean

Solution that converts hot water to electricity at competitive cost and emission free

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