Tuesday, April 9, 2013

Solomon Islands:

Geothermal Resource on Savo Island Could Generate 37 MWe Over 30 years (News Release - PDF)

Project Site (Courtesy Geodynamics Limited)
Geodynamics Limited and its joint venture partner Kentor Energy Pty Ltd, have announced that initial exploration studies have confirmed the presence of a high quality geothermal exploration prospect at their Savo Island Project in the Solomon Islands.

A magneto telluric geophysical survey (MT survey) covering 77 sites on the island has been completed and the results analysed to produce a 3D conceptual model and Initial Inferred Geothermal Resource Assessment of Savo Island.

The independent resource assessment estimates a total median Inferred Geothermal Resource of 269 PJth within the prospecting license boundary. Using the P50 estimate the report concludes that Savo Island has a sufficient Recoverable Thermal Energy that if recovered and converted would be adequate to generate 37 MWe for 30 years.

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