NIS, Betec sign cooperation agreement on geothermal energy
Serbian energy company NIS Gazprom Neft and the Chinese Betec Group Ltd. have signed a co-operation agreement on developing geothermal energy projects in Serbia. The two companies have joined forces to develop geothermal active areas plan to build power plants in northern Serbia “based on the well head power plant technology,” says the NIS statement. The […]
China’s Betec to begin geothermal research in Vranjska Banja
A town and spa resort in the south of Serbia may get a geothermal heat and power plant with the capacity of 39 MW and 20 MW, respectively, according to the official web page of the City of Vranje. Domestic company Betec Resources d.o.o., founded by Beijing Exploration Technology and Engineering Co. Ltd. from China, […]
China Development Bank would back geothermal projects
Beijing Explo-Tech Engineering Co. Ltd. (Betec) is interested in exploiting geothermal energy in Vranje and Kuršumlija in southern Serbia, and in building a thermal power plant, the representatives of the company from China said at a meeting with president Tomislav Nikolić. Beta news agency reported the potential investors said the power plant construction should start by […]