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 […]

Geothermal district-heating pilot project for Bečej

Bečej is one of five municipalities in Serbia which plan to implement a pilot project for using geothermal water for district heating, its website said. Analyses results by the Faculty of Mining and Geology from Belgrade showed Bečej is the only location with cost-effectiveness potential, local officials said at a press conference. The project’s study […]

Turkish MB Holding plans a 10 MW geothermal plant in Croatia

Muharrem Balat, MB Holding Chairman of the Board, told Anadolu Agency his company shall build the first geothermal plant in Croatia. The 10 MW facility project is supposedly worth EUR 30 million and due to become operable in 2017. Balat added geothermal has lately been in Turkish company’s focus, with investment in the home country […]