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Orcan Energy GmbH wins E.ON

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Orcan Energy GmbH wins E.ON ( orcan-energy-gmbh-wins-eon )

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Background Orcan Energy GmbH was founded in 2008, as a spin-out from the Technical University of Munich (“TUM”). Orcan’s ePack offers a compact, service-reduced and cost- efficient “plug-and-play” waste heat power generator based on ORC-Technology. Spe- cific patented innovations enable Orcan to popularize the technology on the mass mar- ket. At the beginning of 2013, Orcan gained sponsorships from the Exist-Research- Transfer-Aid of the Federal Government of Germany and additional grants from the “Wissensfabrik” and various resources from the TUM. Invigorated by the second round of financing, Orcan will continue to perfect the ePack and will now be able to supply a number of key accounts and sales partners with its products within the year. Additionally, the cash infusion will allow Orcan to refine its delivery chain and upgrade safety and quality standards during assembly in order to facilitate the expected increase in sales. Waste heat represents one of the largest, untapped energy markets. Worldwide more than 1000 Giga Watt of waste heat are being produced by fixed appliances alone. Until recently, and as a result of deficits in the ORC-Technology, this enormous source of reusable energy, equivalent to the energy volume of 100 million liters of diesel burnt per hour each day, has remained unexploited. Orcan’s ePack and its ORC-Technology finally make this vast supply of energy usable. Many of our clients already produce their own power from “energy waste”, utilizing the technology developed by Orcan, which transfers a sizeable share of waste heat into cost efficient, CO2-free energy. While industrial clients are focused on a sustainable, independent, stable and cheap in- digenous power production, energy suppliers’ primary aim is to sell the auxiliary power. Our technology enables even small biogas stations to easily create additional income generated by their waste heat, leading to a higher return on their investment.

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