Think GeoEnergy
Summary
Singapore-based innovative energy solutions provider Twenty20 Energy (T20) has announced the acquisition of Petra Energy Holding Sarl, owner of the Traunstein geothermal project in the Traunstein district of Bavaria, Germany. This project is anticipated to provide both district heating and electrical power generation.
Petra Energy GmbH, a subsidiary of Petra Energy Holding Sarl, will be rebranded as Bayern Renewables GmbH and will complete the development of the Traunstein geothermal project. The project is located SE of Munich in the Molasse Basin, close to the Traunreut combined geothermal heat and power plant.
There is a proven geothermal resource in the region, supported by 3D seismic data and history of geothermal exploitation. Early-stage modeling indicates an estimated capacity of 20 MWt of heating and 13 MWe of power generation.
Continue Reading
#News
#DistrictHeating