In July 2018, Baseload Capital Sweden signed an agreement, on the behalf of a newly started Heat Power operator in Japan, to purchase Heat Power modules from Climeon.
The value amounts to just over 2 MEUR, plus service fees and software licenses. The newly started Heat Power operator will be jointly owned by Baseload Capital and a Japanese partner. The Heat Power operator will produce electricity from geothermal heat power and sell it into the transmission network.
Size: 0.6 MW with possible expansion