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$22m tax refund helps Geodynamics
Australian geothermal energy developer, Geodynamics Ltd has received a $22.2 million Federal Government tax refund for research and development on the Cooper Basin Enhanced Geothermal Systems Project. Geodynamics 25 MW
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Geothermal is go for Vanuatu
Sydney-based geothermal energy company, KUTh Energy has received approval to develop a geothermal site on Vanuatu’s main island of Efate. The 30-year production licence will allow KUTh to exclusively develop
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NZ$750 million geothermal upgrade gains steam
The NZ$750 million upgrade of Contact Energy’s Wairakei geothermal steamfield is gaining momentum, with the new bioreactor plant unveiled last week. The new bioreactor, which cost NZ$30 million to build,
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$1.25 million grant for geothermal research
Geothermal developers Geodynamics and Panax are part of an industry consortium which will share a $1.25 million federal grant under the Government’s Emerging Renewables Program. The University of Adelaide’s South
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Geodynamics in j/v with traditional owners
Geothermal developer Geodynamics Ltd is to form a 50/50 joint venture with the traditional owners, Gulkula Mining Company, the commercial entity of the Gumatj Corporation to explore the potential for
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Panax raises funds for Indonesian geothermal
Geothermal developer Panax Geothermal is pressing ahead with its plans in Indonesia and has asked shareholders for another US$1.6 million for its projects. Panax is currently finalising power purchase agreements
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Green Rock grant for WA geothermal
Australian hydrocarbons and geothermal developer Green Rock Energy has received confirmation of state funding of $5.38 million for its Mid West geothermal power project. The company received notice for funding
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Winds also blowing for Petratherm
Adelaide-based geothermal developer Petratherm says preliminary assessments are looking positive for its Clean Energy Precinct project in South Australia. Estimates for wind energy development in the area show a potential
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Geothermal permits given up
After spending $11 million over four years on exploring its geothermal permits, ASX listed Central Petroleum has relinquished its rights to what the company now considers non-core assets. Central Petroleum
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Greenearth announces geothermal site
ASX-listed Greenearth Energy has selected a site near the Anglesea in Victoria for its demonstration geothermal plant. Greenearth says it plans a 12 megawatt plant northwest of the Alcoa operated






