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• Located in Cornwall, at the United Downs site, the power plant will start producing 3 MWe by late 2024 to deliver renewable baseload power to help meet local net-zero targets.

• This new order raises the Exergy portfolio to over 500 MWe total capacity and consolidates its position as the second leading geothermal binary system provider worldwide.

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“In August, we announced that we were looking for a new strategic investor to help us accelerate deployment in our key markets,” says Baseload Capital CEO Alexander Helling. “We couldn’t have asked for a better one. Chevron complements our group of owners, and adds expertise in drilling, engineering, exploration and more. These assets will…

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Climeon collaborates with New Zealand-based geothermal minerals firm Geo40 to capture valuable minerals and increase the geothermal electricity production. The partnership strengthens both companies’ geothermal offerings, produces sustainably sourced minerals and opens up a new area within geothermal power production for Climeon, waste heat recovery at existing power plants.       Climeon…

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