Much of the American West sits on top a vast, renewable resource: geothermal heat. At Baseload Power, we develop plants to harness that energy and convert it into electricity.
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Our first plant is located in California, near the Nevada border. Stay tuned for an upcoming announcement in 2022, when we plan to bring our second plant online.
Wendel
Coming in 2022
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Wendel Power Plant
Our first power plant is located in northern California. The site was active for more than 30 years before operations ceased in 2017 due to equipment failure. Baseload acquired the site in July 2020 and is currently working on refurbishing and repowering the powerplant.
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Coming in 2022
Stay tuned for the announcement when we bring our second plant online this year.
Global Footprint
Baseload Power U.S. benefits from the knowledge and experience gleaned from other Baseload Power companies throughout the world. Here are their projects.
Iceland
Three Icelandic businessmen saw the potential in converting low-temperature heat into electricity, and in January 2018, we acquired a stake in their company, Varmaorka.
Japan
During the fall of 2018, Baseload Capital founded its first official subsidiary in Japan.
Taiwan
During the fall of 2019, we founded our second subsidiary, Baseload Power Taiwan.
USA
In February 2018, we signed an agreement with Wendel Energy Operations I in California to structure a debt facility to finance the repowering of their existing geothermal plant.
Testimonial
Does it make a difference if you get your power from coal or geothermal heat? We asked our local partners and community members what they think.
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Baseload Power US is a subsidiary of Baseload Capital, a specialized investment entity that funds the deployment of geothermal power worldwide.
Together, we are helping nations quickly transition away from fossil fuels and toward energy independence. The result will lead to more resilient societies and a planet in balance.
