Climeon

08/06/2026

After more than two years of operation, Climeon's HeatPower 300 systems at NEO GROUP's PET resin production facility in Lithuania have reached their scheduled two-year service milestone, demonstrating the long-term performance and reliability of Climeon's latest HeatPower platform in commercial industrial operation.

Throughout 2026, the systems have maintained more than 99% operational availability. By recovering energy from industrial waste heat, the installation generates approximately 2,700 MWh of electricity annually for use on site.

For NEO GROUP, the value of the installation goes beyond electricity generation.

"𝘐𝘮𝘱𝘳𝘰𝘷𝘪𝘯𝘨 𝘦𝘯𝘦𝘳𝘨𝘺 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺 𝘢𝘯𝘥 𝘳𝘦𝘥𝘶𝘤𝘪𝘯𝘨 𝘵𝘩𝘦 𝘦𝘯𝘷𝘪𝘳𝘰𝘯𝘮𝘦𝘯𝘵𝘢𝘭 𝘧𝘰𝘰𝘵𝘱𝘳𝘪𝘯𝘵 𝘰𝘧 𝘰𝘶𝘳 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘴 𝘪𝘴 𝘪𝘮𝘱𝘰𝘳𝘵𝘢𝘯𝘵 𝘧𝘰𝘳 𝘕𝘌𝘖 𝘎𝘙𝘖𝘜𝘗. 𝘛𝘩𝘪𝘴 𝘪𝘯𝘴𝘵𝘢𝘭𝘭𝘢𝘵𝘪𝘰𝘯 𝘦𝘯𝘢𝘣𝘭𝘦𝘴 𝘶𝘴 𝘵𝘰 𝘳𝘦𝘤𝘰𝘷𝘦𝘳 𝘢𝘥𝘥𝘪𝘵𝘪𝘰𝘯𝘢𝘭 𝘷𝘢𝘭𝘶𝘦 𝘧𝘳𝘰𝘮 𝘰𝘶𝘳 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘪𝘰𝘯 𝘱𝘳𝘰𝘤𝘦𝘴𝘴𝘦𝘴 𝘸𝘪𝘵𝘩𝘰𝘶𝘵 𝘢𝘥𝘥𝘪𝘯𝘨 𝘤𝘰𝘮𝘱𝘭𝘦𝘹𝘪𝘵𝘺 𝘵𝘰 𝘰𝘶𝘳 𝘥𝘢𝘪𝘭𝘺 𝘰𝘱𝘦𝘳𝘢𝘵𝘪𝘰𝘯𝘴 – 𝘸𝘦 𝘤𝘢𝘯 𝘵𝘶𝘳𝘯 𝘸𝘢𝘴𝘵𝘦 𝘩𝘦𝘢𝘵 𝘪𝘯𝘵𝘰 𝘢 𝘷𝘢𝘭𝘶𝘢𝘣𝘭𝘦 𝘦𝘯𝘦𝘳𝘨𝘺 𝘳𝘦𝘴𝘰𝘶𝘳𝘤𝘦 𝘸𝘩𝘪𝘭𝘦 𝘪𝘮𝘱𝘳𝘰𝘷𝘪𝘯𝘨 𝘰𝘷𝘦𝘳𝘢𝘭𝘭 𝘦𝘧𝘧𝘪𝘤𝘪𝘦𝘯𝘤𝘺."

Last week, members of the Climeon team were on site in Lithuania carrying out the planned two-year service activities and continuing our close collaboration with NEO GROUP.

As Kęstutis Narmontas, NEO GROUP Research & Technology Manager, further explains:

"𝘛𝘩𝘦 𝘤𝘰𝘮𝘣𝘪𝘯𝘢𝘵𝘪𝘰𝘯 𝘰𝘧 𝘳𝘦𝘭𝘪𝘢𝘣𝘭𝘦 𝘱𝘦𝘳𝘧𝘰𝘳𝘮𝘢𝘯𝘤𝘦 𝘢𝘯𝘥 𝘤𝘭𝘰𝘴𝘦 𝘤𝘰𝘭𝘭𝘢𝘣𝘰𝘳𝘢𝘵𝘪𝘰𝘯 𝘸𝘪𝘵𝘩 𝘊𝘭𝘪𝘮𝘦𝘰𝘯 𝘢𝘭𝘭𝘰𝘸𝘴 𝘶𝘴 𝘵𝘰 𝘴𝘵𝘢𝘺 𝘧𝘰𝘤𝘶𝘴𝘦𝘥 𝘰𝘯 𝘰𝘶𝘳 𝘤𝘰𝘳𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘸𝘩𝘪𝘭𝘦 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘰𝘶𝘴𝘭𝘺 𝘢𝘥𝘷𝘢𝘯𝘤𝘪𝘯𝘨 𝘰𝘶𝘳 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺 𝘰𝘣𝘫𝘦𝘤𝘵𝘪𝘷𝘦𝘴."

For industrial companies, technologies like these must operate reliably alongside existing production processes without creating additional operational burden. Demonstrating this through long-term commercial operation is an important milestone for Climeon's latest low-temperature ORC platform and for the continued adoption of waste heat recovery in industry.

🔗 Read the full announcement on our website: https://lnkd.in/dagPSJBB

02/06/2026

We’re pleased to share that Climeon has delivered its first HeatPower 300 system to Jiangsu New Yangzi Shipbuilding in China, one of the country’s largest shipbuilders.

The system will be installed onboard the first vessel in a new series of dual-fuel methanol container vessels, following the HeatPower order we announced in September 2025.

We are grateful for the collaboration with both the shipowner and Jiangsu New Yangzi Shipbuilding as this project moves forward. For us, each delivery is an important step in bringing waste heat recovery into broader use in shipping.

Several HeatPower 300 units are already producing power onboard container vessels in commercial operation, strengthening our operational track record as we continue working to improve vessel efficiency, reduce fuel consumption, and support lower emissions in shipping.

🔗Read the full announcement on our website: https://climeon.com/press-releases/climeon-delivers-first-heatpower-system-to-jiangsu-new-yangzi-shipbuilding/

Climeon has delivered a HeatPower 300 system to Jiangsu New Yangzi Shipbuilding in China for installation onboard the first vessel in a series of dual-fuel methanol container vessels ordered as part…

02/06/2026

Posidonia 2026 is underway, and the Climeon team is onsite in Athens!

If you’re attending, come meet the Climeon team at Franman's Stand in hall 4, booth 109 to discuss how waste heat recovery can support improved vessel efficiency, reduced fuel consumption and lower CO₂ emissions.

Fredrik Thoren and Ulf Granlund are onsite and available throughout the event — stop by the booth or reach out to them directly to schedule a meeting.

See you at Posidonia!

01/06/2026

Last week, our CEO Lena Sundquist joined the panel discussion “Climate Tech at Scale: Who Wins the Industrial Shift?” at TECHARENA Zero 2026 alongside leaders from the climate tech, industry and investment sectors.

A key takeaway from the discussion was that the industrial transition is no longer being driven by a single factor. Energy security, competitiveness, regulation, geopolitics, financing and decarbonization goals are increasingly reinforcing one another.

As a result, even traditionally conservative industries are taking a serious look at technologies that can improve operational performance, resilience and efficiency. For climate tech companies, this creates a unique opportunity to move beyond pilot projects and niche applications into broader industrial deployment.

At Climeon, we believe this shift will be an important driver for technologies like Climeon's that recover waste heat and convert it into clean and reliable electricity. As industries seek solutions that deliver both business and sustainability value, the conditions for scaling proven energy-efficiency technologies have never been stronger.

Thank you to TECHARENA Zero for the invitation and for bringing together an engaging discussion on the future of industrial climate technologies.

Photo credit: TECHARENA and photographer Eric Bergenstråhle

28/05/2026

This week, Climeon’s Lena Sundquist and Anders Gamfeldt are visiting industrial sites across Poland together with our local sales partner, Vladislav Vuckovic, as discussions around industrial energy efficiency and waste heat recovery continue to accelerate across Europe.

For many industrial companies, rising energy costs and increasing emissions-related requirements are no longer only operational challenges, but increasingly factors that have a major impact on long-term competitiveness.

As long-term power agreements expire, electricity prices remain high and unpredictable, and regulatory pressure increases, industries are being forced to rethink how energy is used, recovered, and optimized.

At the same time, enormous amounts of low-temperature heat are still being wasted every day.
Energy that companies have already paid for.

Energy that can be converted into clean electricity.

This is no longer only a sustainability discussion. It is increasingly about operational resilience, cost control, and long-term competitiveness.

Industrial companies that improve efficiency and reduce dependence on external energy markets will be in a stronger position moving forward — especially in energy-intensive sectors across Europe.

Low-temperature waste heat recovery is one of the most direct ways to unlock value from existing operations without changing core industrial processes.

The technology is commercially proven.
The heat already exists.
The economic pressure is already here.

It has been inspiring to see the strong efforts being made across Polish industry and to meet companies actively working to address these challenges through innovation, efficiency improvements, and long-term industrial sustainability. The level of engagement and forward-thinking discussions across the market clearly show how important these topics have become.

26/05/2026

Geothermal energy has the potential to become a significantly larger part of the future renewable energy mix, offering reliable baseload power generation that can support more resilient low-carbon energy systems.

As the industry develops, innovation focused on efficiency, resource utilization, and long-term field sustainability will become increasingly important.

Last week we had the pleasure of welcoming John Worth, CEO & Managing Director of Geo40, back to Climeon HQ for discussions around the continued development of the geothermal market and future opportunities for the industry.

One of the geothermal industry’s most persistent operational challenges remains silica scaling — impacting reinjection systems, operational efficiency, maintenance requirements, and long-term plant economics.

At the same time, geothermal operators continue looking for ways to recover more value from existing geothermal resources while maintaining reliable and stable plant operation.

This is where integrated approaches to silica management, mineral recovery, and Organic Rankine Cycle (ORC) heat-to-power generation become interesting.

By combining Climeon’s low-temperature ORC technology and Geo40’s silica recovery processes, geothermal operators may be able to:

✔ increase overall energy recovery and net power generation from geothermal resources
✔ reduce operational constraints linked to silica scaling and reinjection performance
✔ support longer-term field sustainability and operational stability
✔ recover valuable minerals from geothermal brine streams
✔ improve overall geothermal plant efficiency and project economics

At Climeon, we believe there is still enormous untapped potential across the geothermal sector, and continued innovation and collaboration will be essential to helping accelerate the future growth of geothermal energy worldwide.

Thank you again to John for the insightful discussions and visit to Climeon HQ.

21/05/2026

It is a beautiful morning in Mariehamn and we are excited to be here at Ålands Sjöfart Maritime Day 2026!

Always great to reconnect with long-time industry colleagues, make new connections and discuss the opportunities and challenges shaping the maritime industry today. With increasing focus on efficiency, fuel savings and emissions reductions, the work happening across the industry feels more important than ever.

At Climeon, our HeatPower 300 system converts low-temperature waste heat from vessel engines into clean electricity used directly on board — improving energy efficiency, lowering fuel consumption and reducing emissions. With systems already producing power at sea today, we see ORC waste heat recovery as a practical and proven way to strengthen both sustainability and operational economics in an increasingly uncertain energy landscape.

If you are here today, come by and say hello! You'll find us on floor 2, section H.

19/05/2026

It was a pleasure to welcome shareholders to Climeon’s headquarters in Kista in connection with the company’s Annual General Meeting on 18 May 2026.

During the day, shareholders had the opportunity to meet with Climeon’s board and management team and visit the company’s production and testing site, where HeatPower 300 systems being prepared for customer deliveries and ongoing development work were presented.

A big thank you to both long-standing and new shareholders for your continued interest, engagement and support as we continue our journey forward.

Read more about the day here: https://climeon.com/press-releases/climeon-hosts-shareholders-for-annual-general-meeting/

23/04/2026

European industry is operating in a more challenging environment.

Energy costs remain elevated and volatile. Emissions costs are rising. Regulatory uncertainty continues to shape long-term planning.

At the same time, a large share of energy used in industrial processes is still lost as heat—often requiring cooling rather than contributing to output.

Improving how energy is used within existing systems offers a practical way to reduce both cost and emissions—today.

Waste heat recovery technologies, such as Organic Rankine Cycle (ORC) systems, enable this by converting unused heat into electricity.

In this article, we explore how waste heat recovery can deliver immediate improvements and support industrial competitiveness in a changing energy landscape.

🔗Read the full article: https://climeon.com/industrial-competitiveness-energy-efficiency-europe/

16/04/2026

Energy efficiency matters more than ever.

With fuel costs remaining volatile and emissions reductions in focus, making better use of available energy onboard has become increasingly important.

Our HeatPower systems are operating onboard vessels, generating electricity from low-temperature waste heat as part of normal operations. By autonomously adapting to changing engine loads and continuing to produce power even at lower temperatures, they help convert more of the available energy into useful power.

Direct result: reduced fuel consumption, lower operating costs, and decreased environmental impact – delivered continuously in daily operations at sea.

Captured during a recent onboard visit, following performance in real conditions at sea.