GA Drilling and ZeroGeo Energy collaborate on deep geothermal power project
Published by Jessica Casey,
Editor
Energy Global,
GA Drilling, a leader in geothermal drilling technologies, and ZeroGeo Energy GmbH have signed a memorandum of understanding to collaborate in developing a 12 MW hot dry rock geothermal power plant in Lower Saxony, Germany (Projekt THERMO). This marks the first of many deep geothermal and geothermal energy storage projects in Europe between the two companies.
“We are delighted to be working with GA Drilling to develop and deliver Projekt THERMO, an endeavour primed to be successful and profitable,” said John Ashbridge, CEO of ZeroGeo. “Their extensive drilling experience and innovative geothermal drilling technologies, paired with ZeroGeo’s network and operations is the right foundation to attract the consortium necessary to finance, build and operate Projekt THERMO.”
The partnership brings GA Drilling’s drilling technology to Projekt THERMO, with ZeroGeo being the operator of the project. This initial project underpins a focus on accessing geothermal anywhere in the world with the ability to provide deep geothermal drilling regardless of location.
“ZeroGeo is a group with a focus and momentum that has attracted a strong network and partners to really get geothermal projects off the ground,” said Dusan Kocis, COO and Co-Founder of GA Drilling. “The need for clean baseload power is real, and geothermal has the highest potential to deliver that safely and securely. We’re excited to be collaborating with ZeroGeo to help address the power needs in Europe.”
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Winter 2023 issue
The Winter 2023 issue of Energy Global hosts an array of technical articles weather analysis, geothermal solutions, energy storage technology, and more. This issue also features a regional report looking at the future of renewables in North America, and a report from Théodore Reed-Martin, Editorial Assistant, Energy Global, on how Iceland utilises its unique geology for renewable energy.
Read the article online at: https://www.energyglobal.com/other-renewables/28022024/ga-drilling-and-zerogeo-energy-collaborate-on-deep-geothermal-power-project/
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