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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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Habanero geothermal is go
Australian geothermal developer Geodynamics has begun commissioning its Habanero Pilot PlantĀ in South Australia’s Cooper Basin. With the construction, safety system, electrical instrumentation and pre-commissioning safety checks now in place,
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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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Geodynamics returns to Cooper Basin
Geothermal energy company Geodynamics is set to resume drilling at its Habanero 4 well in South Australia’s Cooper Basin after raising funds from an asset sale. Geodynamics sold a drilling
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Geodynamics to drill Habanero 4
Geothermal developer Geodynamics and joint venture partner Origin Energy say they plan to resume drilling at their Habanero project in outback South Australia in the first quarter of next year.
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Geothermal grants returned unused
A lack of interest from private investors in the geothermal sector has seen four geothermal operators return $7 million in grants to the Federal Government. Green Rock Energy, Greenearth Energy,
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Carbon price good for geothermals
Shares in ASX geothermal companies, which have languished over the last 12 months, sprung into life this week following the Government’s carbon tax announcement. Leading the way was Geodynamics, up
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Question mark on geothermal funding
Early next week is a nervous wait for five geothermal companies whose failure to attracting matching funds could put A$7 billion in grants under threat. Under the Geothermal Drilling Program
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Geodynamics to exit ASX300
The malaise in the geothermal industry is continuing, with the sector’s largest listed stock – Geodynamics – set to be evicted from the ASX 300 index as its shares continue
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Renewables spilling red ink
Renewable energy companies continue to spill red ink in their results announcements, with a number of firms reporting losses during the week. Geothermal pioneer Geodynamics announced its net loss for






