The Facilities from Orcan Energy can be used wherever waste heat is generated – for example in engines, in industrial processes or even on ships. the company promisesthat it can harness even smaller waste heat sources and lower temperatures. The Munich-based company's customers include cement manufacturers, who would thus significantly reduce their CO2 emissions.
Building on strong growth in recent years, Orcan Energy is now expanding its Kiel site. The expansion will enable the company to manufacture the modular systems entirely in-house and then deliver them to its customers worldwide. Managing Director Hinrich Krey, who has managed production facilities for many years, including in locomotive construction, heads the site. The company stated that the decision to locate in Kiel was based not only on the company's excellent infrastructure but also on the fact that key partners in Orcan Energy's value chain are already located in Schleswig-Holstein.
Orcan Energy's CEO Andreas Sichert says:
"The decision to expand our company's own production capacity in Kiel reflects our commitment to growth and innovation in Germany. With roots in Munich and global projects, we can drive sustainable change around the world from Germany. I look forward to working with my colleagues in Kiel to contribute to a profitable and sustainable energy future."
And Hinrich Krey, Managing Director of Orcan Energy at the Kiel location, adds:
"In Kiel, we have the best possible conditions for efficient production and gradual capacity expansion. At the same time, we can serve the entire world from our location."
“With Orcan Energy we are shaping the future”
People on the Baltic Sea are happy about the Munich decision. Werner Kässens, Managing Director of Kiel Economic Development:
"Utilizing waste heat potential is not only a contribution to the global reduction of CO2 emissions, but also a prime example of climate-relevant innovation. With Orcan Energy, we are reshaping the future of a traditional industrial area in Kiel. We very much welcome Orcan's decision to compete for new locations in Kiel. This directly reflects the industrial transformation and structural change in economic value creation."
The Mayor of Kiel Ulf Kämpfer adds:
"We are delighted about this significant investment by Orcan Energy in Kiel. Numerous new jobs will be created in the future-oriented field of energy technology. This strengthens the business location and brings great opportunities for suppliers and interesting prospects for skilled workers and talented individuals from the region."
