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About the company

Type
Startup or self-employed

Members type
innovator

Headquarters
81379 Munich, Germany

Company size
60

Founders
Dr. Andreas Sichert, Richard Aumann, Dr. Andreas Schuster

Founded
2008


Social

Website
orcan-energy.com

Alliance member

Orcan Energy AG


Orcan Energy AG is a leading European CleanTech company offering efficient energy solutions based on Organic Rankine Cycle (ORC) technology for the conversion of waste heat into electricity. Orcan Energy AG was founded in 2008 by physicists Dr. Andreas Sichert, Dr. Andreas Schuster and Richard Aumann, with the aim of providing companies from a variety of industry sectors a simple, cost-saving and efficient energy solutions that unlocks the enormous energy potential of unused industrial waste heat sources. Orcan Energy AG currently operates 70 plants in Europe, making it the most widely used provider in the low-temperature sector in Germany. Orcan Energy AG employs 60 people and is headquartered in Munich.

The efficiency PACK developed by Orcan Energy, a compact micro power plant, converts waste heat energy, for example from industrial companies, into electricity. Users of the efficiency PACK thus benefit from carbon-free power generated at the extremely low cost of around 0.04 euros per kilowatt hour. A large-scale rollout of the technology could reduce costs to as little as 0.03 euros. This means that Orcan Energy provides the lowest power generation costs from waste heat in the entire industry worldwide. The power is fed directly into the grid or can be used immediately. Orcan Energy’s portfolio includes integration solutions (employing waste heat as a component) that are ready for series production as well as plug & play electricity generation modules that use Organic Rankine Cycle technology to convert waste heat into carbon-free electrical energy. Based on intensive research, development and market trials, Orcan Energy is now the technology leader in the low temperature segment upwards of 60 degrees Celsius. Because Orcan Energy exclusively utilizes tried-and-tested standard components to produce the efficiency PACK, which boasts an innovative design, operation of the solutions is particularly stable and low-maintenance. Since the Orcan technology is also extremely flexible in terms of the source of waste heat, it can be used in virtually all scenarios in which waste heat is generated – in foundries, biogas installations, glass-making plants, building materials production, breweries, and ship and truck engines.