In order to really disrupt fossil power
you need to take renewable energy
to the next level
This is something that Climeon can do
We have cracked the code 
to turn low-grade heat
or hot water to electricity 
in a very efficient way.
The market for the Climeon products 
can be divided into two different areas
One is industrial heat power
more than 50% of all the energy 
we use today is being dumped
as low-temperature waste heat.
This is something that with our technology
can be turned into a value.
On the other side you have 
geothermal heat power
Geothermal heat power has been there
for a long time but on high temperatures
with our technology you can do it
on low temperatures which means
that you enable to do geothermal
heat power all over the world.
Each heat powermodule 
is 2 by 2 by 2 meters.
It's powered in the back 
by hot water and
cold water and it produces 
clean electricity.
These heat power modules 
are mass-produced
and can be combined like lego 
in order to produce a few hundred
kilowatts up to many many megawatts
We have over 40 million dollars in our
order backlog. It's divided between the
industrial heat power side where we have
steel cement or from engines on board the vessels
We take this waste heat that is otherwise
dumped into the ocean turning it into
our machines and create clean electricity 
for Mr. Branson's Virgin Voyages for example
On the Geothermal side we 
have lately taken orders in
Iceland, Germany, U.S. and Canada.
Heat power has the potential to become
the largest segment within renewable energy.
We already have a very strong position
so our ambition of course is to be the
leading company within the heat power segment.
