Tag: geothermal

MB Holding to build another geothermal power plant in Croatia – Croatia, 06 September 2019

Turkish company MB Holding, through its Croatian subsidiary, signed an agreement with local project design company Ekonerg on the design of the future 19.9 MW geothermal power plant in Legrad. The Organic Rankine Cycle (ORC) power plant will be build in Legrad, near the city of Koprivnica in nort Full article available for subscribers of […]

PannErgy significantly increased its net profit in H1 2019 – Hungary, 06 September 2019

Higher sales volume and a smaller financial loss boosted geothermal energy company PannErgy’s net profit in the first half of the year to 1.78 million euros, up from 90,000 euros recorded in the same period last year. Revenue of the company rose by 30 % to 9.45 million euros as colder temperatur Full article available […]

ATT Geothermae declared project of strategic interest – Croatia, 26 July 2019

The Croatian Government has declared geothermal project ATT Geothermae at Draskovec near Cakovec as a strategic investment project. The geothermal power plant is located in Medjumurje County in northern Croatia. The installed capacity of the power plant is 18.6 MW in electricity generation and 7 Full article available for subscribers of Energy NEWS service (PDF […]