Geothermal leaders collaborate to produce 12MW of power in Lower Saxony, Germany with first project of ongoing partnership
“We are delighted to be working with GA Drilling to develop and deliver Projekt THERMO, an endeavour primed to be successful and profitable”— John Ashbridge, CEO of ZeroGeo
ZUG, SWITZERLAND, February 26, 2024 /
EINPresswire.com/ -- Today
GA Drilling, the leader in geothermal drilling technologies, and
ZeroGeo Energy GmbH (“ZeroGeo”) announce they have signed a Memorandum of Understanding to collaborate in developing a 12MW 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 renewable energy leaders.
“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 industry-leading 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.”
ZeroGeo will be attending GeoTHERM 2024, held in Offenburg, Germany between February 29 and March 1, 2024, where the company will share more details on Projekt THERMO and ways other innovators in renewable energy can get involved.
Contact Information:
ZeroGeo Energy GmbH
John Ashbridge - john.ashbridge@zerogeo.energy
Anthony Hawkins - anthony.hawkins@zerogeo.energy
GA Drilling
Libby Spicer, PR for GA Drilling, media@gadrilling.com
John Ashbridge/Anthony Hawkins
ZeroGeo Energy GmbH
+41 22 544 43 40
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