Interim Report Q1 -2021

Interim report for the period 1 January – 31 March 2021 During the first quarter of 2021, Baseload closed a capital round of USD 25m with Chevron Technology Ventures (“Chevron”) as a new strategic investor. The result for the first quarter was SEK -31.0 million (SEK -8.3 million for the same period in 2020).​​​​​​ In Japan, […]

Annual report – 2020

Annual report for the period 1 January – 31 December 2020 During a year characterized by Covid-19, the development of existing projects has continued largely according to plan, and despite the pandemic, we have managed to establish ourselves in the US market without being physically in place. We have taken a major step towards our […]

Baseload Capital closes equity round

Baseload Capital closes equity round of $25 million with Chevron as new strategic investor. Baseload Capital, the Swedish company specialized in funding the deployment of heat power worldwide, announces the successful close of a $25 million funding round with Chevron Technology Ventures as a new strategic investor. As an initial outcome of the alliance, Chevron Technical Center and Baseload Capital have already signed a letter of intent to […]

Vinod Khosla to speak at seminar

Vinod Khosla to speak at seminar on trends in geothermal energy On 16 February, Baseload Capital will host a virtual seminar on the most important trends in geothermal energy today. Which trends are the most promising? What can investors, industries, developers, landowners and governments do to ensure continued success? The main speaker will be Vinod Khosla, founder of Sun Microsystems and […]

Emissions-free tour of power plant

Since the Flúðir power plant in Iceland became operational in 2019, it has received hundreds of visitors – from princesses and prime ministers to curious entrepreneurs. These tours have also played a key role in Baseload Capital’s funding rounds. They have been an opportunity to showcase the technology in action, answer questions and present a […]

Taiwan and the Search for Green Gold

Taiwan and the Search for Green Gold: an update from the field. It’s been just over a year now since we started our business development work in Taiwan. If everything continues to go according to plan, we will complete the drilling at our first site in early October. When we bring the Climeon modules online […]