Baseload Capital and Orcan Energy are pleased to announce the commissioning of a first project utilizing waste geothermal from existing oilfield operations at Chevron U.S.A. Inc.´s (Chevron) San Ardo oil and gas field in California, USA. Baseload Capital is the project operator, collaborating with leading cleantech company Orcan Energy providing the state-of-the-art geothermal-to-power technology.
Baseload Capital proudly announces its first project in the U.S. to harness excess geothermal from oil and gas wells. This will also be the company’s first collaboration with German supplier Orcan Energy.
Baseload Capital – Mandate Announcement and Publication of Green Bond Framework Baseload Capital will be […]
ABOUT BASELOAD CAPITAL
Baseload Capital is a specialized investment entity that leads partnerships to scale up geothermal power deployment worldwide. Geothermal power comes from the Earth’s inner core and provides a fossil-free, stable, 24/7 available baseload for electricity and heating and cooling. We work with like-minded investors to fund geothermal energy projects and tap into the planet’s largest renewable energy source that lies right beneath our feet.
We establish operating companies in global locations, which comprise the Baseload Power organization. They partner with local communities and power providers to commission, permit and build Baseload Capital-funded geothermal power plants.
Together we dream of a planet in balance with resilient societies that run on renewable energy.
We will be part of this transition by leading partnerships to scale up geothermal project development.