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ADX Energy (ASX:ADX) Austrian subsidiary proceeds with geothermal pilot project

  1. TheMarketOnline
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    28/09/21
    17:44
    Post #: 56412791
    • ADX Energy's (ADX) Austrian subsidiary enters an agreement with Siemens Energy and RED Drilling & Services to build and operate a well test site
    • The demonstrator plant will utilise a carbon dioxide-based geothermal power generation technology to evaluate geothermal to power technology
    • ADX Energy believes the pilot project shows the potential for oil and gas reservoirs to be redeployed for green energy solutions
    • Engineering, planning and procurement work is expected to begin next month

    Read the Full Article on The Market Herald here
    ADX Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
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