Petratherm invited to apply for A$13M in funding for South Australian geothermal project (MENAFN - ProactiveInvestors - Australia)
Petratherm has been given the opportunity to apply for government funding for about half the cost, or A$13 million, of the next stage of work at its
Paralana geothermal project in South Australia.
This involves the drilling and fracture stimulation of the Paralana-3 deep well and the demonstration of economic flows between the Paralana 2 & 3 deep wells.
A successful demonstration will prove Petratherm's ability to supply electricity, initially to the nearby market of
Beverley Uranium Mine Read More......
