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The Ciclo Binario development will involve the investment of €30 million in a plant of 10 MWe generating electricity for several thousand homes. The plant will be located in the hills near Guadix in the northern part of the province of Granada. A test well has been drilled to 600m and conductivity tests carried out, yielding satisfactory results. The production and re-injection wells are planned to be of the order of 3,500m deep. The development will take place over the coming three years and the operating lifetime is estimated to be 30 years.
