Climeon ORC Systems Deliver Proven Energy Efficiency Gains at NEO GROUP

About this update from Climeon Ab Class B

Climeon’s HeatPower 300 systems installed at NEO GROUP’s PET resin production facility in Lithuania have reached their first scheduled two-year service interval, marking an operational milestone for Climeon’s latest ORC platform in industrial application. During 2026, the systems have maintained approximately 99% operational availability, contributing to NEO GROUP’s energy efficiency strategy and enabling reliable on-site electricity generation.Proven Energy Savings from Industrial Waste Heat at NEO GROUPThe HeatPower 300 systems installed at NEO GROUP’s PET resin production facility have now generated on-site electricity from industrial waste heat for over two years of operation, reinforcing NEO GROUP’s commitment to sustainable and efficient production.Following an initial commissioning and optimization period, the systems have maintained approximately 99% operational availability while demonstrating stable performance under varying process conditions, including fluctuations in heat source temperatures and flow rates.The installation generates approximately 2,700 MWh of electricity annually, utilizing excess heat that would otherwise be lost by removing it through cooling systems. The recovered electricity is used on-site, therefore this directly reduces NEO GROUP’s purchased electricity demand, contributes to cost optimization, and supports the company’s decarbonization objectives.“Improving energy efficiency and reducing the environmental footprint of our operations is important for NEO GROUP. This installation enables us to recover additional value from our production processes without adding complexity to our daily operations – we can turn waste heat into a valuable energy resource while improving overall efficiency. The combination of reliable performance and close collaboration with Climeon allows us to stay focused on our core business while continuously advancing our sustainability objectives,” – said Kęstutis Narmontas, NEO GROUP Research & Technology Manager.Supporting NEO GROUP's Energy Efficiency and Sustainability Goals in a Changing Industrial LandscapeIndustrial facilities across Europe and globally are facing increasing pressure to improve industrial energy performance as electricity costs, grid constraints and emissions-related requirements continue to affect industrial competitiveness. At the same time, large amounts of excess heat gen...

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