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Orcan Energy AG pushes internationalisation forward

Munich, 7. December 2017: Orcan Energy AG has new orders for efficiency PACKs from the Netherlands, Switzerland, Austria, and Lithuania.  The efficiency PACK produces electricity from waste heat from motors that is used, for example, in the CHPs of biogas plants. Today, more than 70 of Orcan's second generation minigeneration units are in operation worldwide. Recently, the entire fleet even exceeded the 500,000 operating hour mark.

In addition to traditional applications such as biogas plants, the efficiency PACK is also being used in a wastewater treatment plant in the Netherlands. Maximilian Mandl from Pöttelsdorf (Austria) chose a second-generation ORC by Orcan as well: "When we saw the reference unit at Orcan, it was immediately clear to us that we could operate our own biogas plant much more efficiently with the Orcan efficiency PACK. It really pays off!"
Kai Kamossa, Head of the Renewables & CHP Business Unit at Orcan Energy explains: "Meanwhile, we are present in nine countries. On the one hand, that shows that customers trust our product and on the other, that there is a global demand for energy efficient solutions. The heating market is a sleeping colossus that we are slowly waking out of its slumber. We can cater to this market because we have scalable solutions for applications from the kilowatt to the megawatt range."

In addition to being used in the agriculture sector, the Orcan Energy ORC-based heat recovery is already successfully operating in the marine industry as well as the power generation market.

About Orcan Energy AG

Orcan Energy AG develops, produces, distributes and finances energy modules for the conversion of waste heat into clean and cheap electricity and constructs them on a turnkey basis, including the installation required for waste heat extraction. Orcan Energy's products tap into the enormous global waste heat potential and enable customers to save CO2 emissions and costs at the same time. Orcan Energy unlocks the energy potential of unused heat sources based on second-generation Organic Rankine Cycle (ORC) technology. By massively downsizing the established technology and developing a modular solution, Orcan Energy is turning small and medium-sized waste heat sources, as well as lower temperatures into economically viable options for the first time. As a result, the modules can be installed directly wherever excess heat is generated, for example in industrial processes, in engines, on ships or even in geothermal plants. Orcan Energy's solutions are already helping companies in the cement, oil and gas, power generation, and marine sectors to achieve their sustainability goals, reduce costs and comply with future regulations. Thanks to flexible financing models, companies can save cash-flow-positive electricity or fuel costs with waste heat power generation from day one. Orcan Energy has already marketed more than 600 modules with over 7 million operating hours internationally. The company has 60 employees and is headquartered in Munich, Germany.

For more information about the company, its products and applications, visit www.orcan-energy.com.

Press contact

Jan Christoph Bohnerth
Orcan Energy AG
Rupert-Mayer-Strasse 44
Building 6408, 5th floor (hallway 6)
81379 Munich

T: +49 163 8840364