Climeon, IF Technology partner for geothermal energy generation in Netherlands

11 February 2016 (Last Updated February 11th, 2016 18:30)

Swedish start-up Climeon and Dutch firm IF Technology are partnering to use low heat power generation technology for geothermal projects in the Netherlands.

Swedish start-up Climeon and Dutch firm IF Technology are partnering to use low heat power generation technology for geothermal projects in the Netherlands.

The companies have signed an agreement, which will integrate Climeon Ocean heat power solution with IF Technology's expertise in designing geothermal systems.

The move marks a milestone in realising the intentions of the Paris COP21 agreement.

Climeon's Ocean vacuum-enabled heat power solution is designed to produce electricity from hot water efficiently compared to other solutions.

"Climeon's revolutionary and award winning Climeon Ocean solution makes electricity production possible and opens up new opportunities for generating clean power in the Netherlands."

It has the capacity to operate in ultra-low temperature ranges of 70°C-120°C, making geothermal energy generation in the Netherlands economically feasible.

Under the partnership, Climeon and IF Technology are planning to generate 100% clean electricity from geothermal heat. The process would require no fuel or particular weather conditions.

The companies are currently negotiating with potential customers to integrate the solution in their geothermal projects. First projects are expected to be announced later this year.

IF Technology director Martijn van Aarssen said: "Climeon's revolutionary and award winning Climeon Ocean solution makes electricity production possible and opens up new opportunities for generating clean power in the Netherlands."

Climeon CEO Thomas Öström said: "With more than 25 years of experience working with geothermal projects, IF Technology is our perfect partner.

"In addition to this, the Netherlands, with its strong governmental backing for clean energy projects, is perfect for expanding our market."