Orcan Energy AG News

Orcan Energy, a globallay renowned cleantech company, is progressing in its strong growth course. The company has fully repaid the Economic Stabilization Fund (WSF) loan approved during the COVID-19 crisis, ahead of schedule. Together with the recently closed financing round with two major sustainability funds (Article 9) and the expected fivefold increase in sales, 2022 already marks a significant year in the company's history. WSF The WSF was launched in 2020 by the previous German governme...

Orcan Energy has installed its solution for waste heat for the first time on a river cruise ship. Currently the largest Rhine cruise ship, A-ROSA SENA, owned by A-ROSA Flussschiff GmbH, has installed one of Orcan Energy's ORC modules, designed specifically for the marine market.  E-Motion ship The E-Motion ship, with a hybrid propulsion system consisting of a diesel engine and an electric motor, can convert the waste heat from the ship's engines into electrical energy, reducing its fuel c...

Orcan Energy, the company turning waste heat into clean electricity, has raised EUR 28.5 million in a late-stage growth round. The funding comes from prominent Article 9 Funds TiLT Capital, a new asset management company dedicated to energy transition and part of the Siparex Group, one of France’s leading private equity companies, and a well-known European institutional investor, as well as existing investor Air Liquide Venture Capital (ALIAD). Based in Munich, Germany, Orcan Energy will...

The GREENTECH FESTIVAL sees itself as a global platform that promotes innovative green technologies for a sustainable future. The aim of the festival is to present innovative technologies for a greener future and to address the big global issues of the time, climate neutrality, reduction of CO2 emissions, and the connection between sustainability and technology. Orcan's ORC modules Orcan's ORC modules enable industrial companies to reduce the CO2 emissions of their plants Orcan Energy will d...

On its way to global expansion, the Munich-based waste heat company Orcan Energy is strengthening its management team: Marcus Jentsch (54) is to become Orcan Energy's new Chief Financial Officer (CFO). With him, the technology pioneer in the field of waste heat solutions gains an experienced financial expert who will be responsible for the areas of finance, controlling, taxes, and legal affairs. With his expertise in the field of cleantech and renewable energies, he will be primarily supporting...

Orcan Energy is launching a new, particularly powerful solution for utilizing waste heat on board ships: the efficiency PACK M 150.200.  Included in the new product are Orcan's innovative ORC modules, specially designed for the marine market, which are now able to convert any waste heat from ships even more efficiently directly into electrical energy, thus reducing fuel consumption and CO2 emissions. efficiency For ship operators, this means an improvement in the EEDI (Energy Efficiency...

The Swedish investment entity - Baseload Capital, which specializes in funding and deployment of clean heat power solutions worldwide, is realizing a joint project in the oil and gas industry with Munich-based company, Orcan Energy, the leading waste heat solutions provider in Europe and Asia with over 500 ORC plants installed internationally. Orcan‘s ORC systems will be used to convert previously unused geothermal heat from oil and gas production into CO2-free and low-cost electricity. T...

Orcan Energy (Orcan), international provider of waste heat solutions, has executed a long-term supply agreement with the North American supplier ICE Thermal Harvesting LLC (ICE). Orcan will supply ICE with fifteen ORC modules for waste heat recovery, which will be utilized in ICE's power systems. "The U.S., with its large number of oil and gas production facilities, offers tremendous growth potential for our waste heat solutions, fueled by the growing trend toward zero-emission power generation...

Munich-based clean tech company - Orcan Energy has ranked as the second most used supplier worldwide for its waste heat solutions. This was the conclusion of an industry analysis by the Energy Engineering Department of the Politecnico di Milano, recently published at the 6th International ORC Conference in Munich, which compared 30 companies offering ORC-based waste heat recovery technologies. waste heat solutions As such, Orcan Energy has left industry giants such as Enogia, Dürr, and T...

Orcan Energy, the manufacturer of solutions for the utilization of waste heat, has won the global building materials supplier CEMEX as a new customer for its waste heat solutions, the so-called efficiency PACKs. Six Orcan modules will soon be installed at the CEMEX site in Germany. Orcan Energy is thereby establishing itself in the global cement market. additional electricity generation The planned efficiency PACKs of the particularly powerful eP I 150.200 class will lead to savings With the...

Orcan Energy and Baseload Capital are pleased to announce the commissioning of a first project utilizing waste heat from existing oilfield operations at Chevron U.S.A. Inc.'s (Chevron) San Ardo oil and gas field in California, USA. state-of-the-art heat-to-power technology Cleantech company Orcan Energy provides state-of-the-art heat-to-power technology, collaborating with the project operator Baseload Capital. The project, which started operations in July 2022, demonstrates the potential of...

Global building materials supplier - CEMEX has made a further advancement in its efforts to achieve carbon neutrality at its Rüdersdorf cement plant by 2030. the waste heat recovery project The latest partnership in the Carbon Neutral Alliance will see the implementation of a waste heat recovery system at the site in Germany. This waste heat recovery project, conducted in partnership with Orcan Energy, is a milestone on the road to climate neutrality, as it will contribute significantly...

Decarbonizing the marine industry by 2050 will demand not only new fuels but also new technologies and a new approach to meeting energy needs on board. Besides pursuing related development initiatives, Alfa Laval is establishing partnerships that will speed the industry toward its decarbonization and energy efficiency goals. The latest partnership is a collaboration with Orcan Energy. ORC solutions The company’s products are the widely used solution for low-temperature waste heat recove...

Waste heat specialist - Orcan Energy is a partner of the Engimmonia consortium and will develop an optimized waste heat solution for the maritime sector in the project. The organization is working to develop a radically new technology to reduce pollution in shipping. Engimmonia Engimmonia is receiving €9.5 million in funding under the EU's Horizon 2020 research and innovation Engimmonia, consisting of 21 partners from nine countries, is receiving €9.5 million in funding under the E...

The long-established family-owned Portlandzementwerk Wittekind Hugo Miebach Söhne KG from Erwitte in southern Westphalia has signed a contract for six energy efficiency modules from Munich-based waste heat specialist Orcan Energy. With the plant modernization, the cement plant intends to generate additional electricity and significantly improve its eco-balance through sustainable energy generation. Reduced CO2 emissions EP 150.200 efficiency Packs lead to savings on the existing cooler...

The shipping industry is struggling with high seas: shipping companies are faced with the challenge of efficiently combining environmental protection and economic efficiency. To bring the two together, marine contractor - Van Oord has chosen to install efficiency PACKs, an organic Rankine cycle (ORC) from cleantech company Orcan Energy on two of its new hybrid water injection dredgers. The launch ceremony of the vessels took place in Rotterdam at the end of June. energy efficiency Among other...

The waste heat specialist Orcan Energy has won a new major customer: The CleanTech company is installing its waste heat solutions at Nordenhamer Zinkhütte GmbH, a subsidiary of the raw materials group Glencore and a company with a long tradition in zinc production. "With this new cooperation, our products are being used in zinc production for the first time," says Andreas Sichert, founder and CEO of Orcan Energy. Module installation The company is achieving a significant reduction in ele...

Orcan Energy, the manufacturer of solutions for the utilization of waste heat, has implemented the first geothermal project in record time together with its cooperation partner E.ON. ORC container modules In Kirchweidach, Upper Bavaria, six second-generation ORC container modules from Orcan Energy were delivered, unloaded, and positioned at a geothermal plant in just one day. This means that the operator FG Geothermie GmbH can fully utilize the energy potential of deep heat: six Orcan modules...

Mohn Media, a subsidiary of the Bertelsmann Printing Group, has successfully put a waste heat module from Orcan Energy into operation at its Gütersloh location. This module converts the previously unused waste heat on-site into almost 500,000 kilowatt hours (kWh) of electricity per year, increases the production facility's energy efficiency, and at the same time reduces its CO2-emissions. This makes Mohn Media yet another customer who, as part of the collaboration between Orcan Energy...

Mohn Media, a subsidiary of the Bertelsmann Printing Group, has successfully commissioned a waste heat module from Orcan Energy at its site in Gütersloh. It converts the previously unused waste heat on-site into almost 500,000 kilowatt hours (kWh) of electricity per year, increasing the production facility's energy efficiency while reducing its CO2 emissions. Mohn Media is thus another customer that produces CO2-free electricity from previously unused waste heat as part of the coopera...

The CleanTech company - Orcan Energy has signed a contract with CDWE for the supply of eight efficiency PACKs for the recovery of waste heat on board the vast floating offshore installation vessel - 'Green Jade'. The EPCI company - CDWE is a joint venture of CSBC, one of the largest shipbuilders in Taiwan, and the European marine contractor DEME Offshore. First-class equipment for the 'Green Jade' The ship will be equipped with a crane with a capacity of 4,000 tons and a Dynamic Positioning S...

The energy group - E.ON has increased its stake in Orcan Energy in a financing round and is now the largest shareholder. Orcan Energy is a pioneer in the development and marketing of ORC-based waste heat solutions and, with more than 250 ORC products sold worldwide, is a leader in this field. Customers benefit from CO2-free electricity at extremely low electricity costs. The efficiency PACKs from Orcan Energy can be installed wherever waste heat is generated. Orcan solutions are now used in ind...

Orcan Energy, a provider of energy efficiency solutions based on ORC technology, appoints Hermann Röhm (50) as Global Head of Power Applications. Specializing in the use of engine waste heat to increase efficiency and simultaneously reduce CO2 emissions, Orcan Energy's goal is to significantly expand the growing power sector globally. In particular, areas with a low level of infrastructure and decentralized energy supply are to be equipped with ORC systems to ensure sustainable and effici...

The geothermal plant in Kirchweidach, Bavaria, will in future not only generate heat but also green electricity. To fully exploit the energy potential of deep heat, E.ON plans to build several small-scale power plants with a total capacity of around 6 megawatts. The investment volume for the first phase of the project is €7.5 million. E.ON will operate the plant for 15 years. The thermal water in southeastern Bavaria has a temperature of 121 degrees Celsius and is produced from 4000 meters...

Orcan Energy, the manufacturer of solutions for the use of waste heat, is expanding its area of application and, together with its cooperation partner - E.ON, is installing six efficiency PACKs for the first time at a geothermal energy plant of FG Geothermie GmbH in Kirchweidach in Bavaria. The realization of the project - 'Energy from the region for the region' is Orcan Energy's entry into the geothermal market. Excess geothermal heat is used to produce green and cheap electricity with ORC-bas...

The declared target of the German government is to reduce primary energy consumption by 50% until 2050 compared with 2008. A key factor in reducing energy consumption is increasing energy efficiency. With the efficiency PACK eP 150.200, the pioneering manufacturer of waste heat solutions, Orcan Energy, is creating the necessary conditions for this: with the new solution, industrial companies can now convert the previously unused waste heat from their productions even more effectively into a sus...

The declared target of the German government is to reduce primary energy consumption by 50% until 2050 compared with 2008. A key factor in reducing energy consumption is increasing energy efficiency.  With the efficiency PACK eP 150.200, the manufacturer of waste heat solutions, Orcan Energy, is creating the necessary conditions for this: With the new solution, industrial companies can convert the previously unused waste heat from their productions even more effectively into a sustainable...

In the first quarter of 2020, BASF Catalysts Germany GmbH installed two waste heat modules from energy service provider Orcan Energy at its Nienburg site. This plant modernization will enable the automotive supplier to produce additional electricity and improve its eco-balance through sustainable energy production. The efficiency PACKs by Orcan Energy convert the previously unused waste heat on-site into up to 300,000 kWh of electricity per year, increasing the energy efficiency of the producti...

German companies, E.ON and Orcan Energy are joining forces. The companies offer innovative second-generation ORC solutions (efficiency PACKs) as an all-around package. Specifically, this means that E.ON can deliver carbon-free and cost-effective electricity to its customers obtained from the customer's waste heat, through solutions by Orcan Energy. tailor-made package Orcan Energy's innovative efficiency PACKs can be deployed anywhere surplus heat is generated From planning to installation,...