Sustainable Energy Production from Geothermal Sources
GeoThermal Engineering GmbH (GeoT)
An Independent Planning and Engineering Consultancy
GeoT is a medium-sized company based in Karlsruhe, Germany. The company boasts a professional and qualified team that specializes in the planning and development of deep geothermal energy projects. GeoT has recently caught the attention of Vulcan Energy Resources Limited (ASX:VUL), an ASX-listed company focused on the development of zero carbon lithium projects.
Vulcan Energy's Acquisition of GeoT
In a significant move towards sustainable energy production, Vulcan Energy has entered into a non-binding term sheet to acquire GeoThermal Engineering GmbH. This acquisition will bring GeoT's expertise in geothermal engineering and development to Vulcan Energy's portfolio, further strengthening the company's position in the rapidly growing renewable energy sector.
Horst Kreuter, Owner and CEO of GeoT
In a recent interview with ThinkGeoEnergy, Horst Kreuter, the owner and CEO of GeoT, expressed his enthusiasm for the partnership with Vulcan Energy. He believes that the combined strengths of the two companies will accelerate the development of geothermal energy projects, contributing to the global transition to sustainable energy sources.
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