Rod Williams, CEO at Strada Energy
Strada Energy, the Jersey (a self-governing dependency of the United Kingdom) based geothermal project development company has today entered into a services agreement with Mannvit from Iceland to provide engineering and other technical services for Strada’s deep well geothermal district heating and electricity generation projects.
Strada Energy utilises the patented drilling technology from Strada Drilling who are able to drill deep wells in hard rock up to 75% cheaper and faster then utilising conventional drilling technology. This technology opens up the opportunity to develop geothermal energy district heating and electricity generation applications across Scandinavia and Northern Europe.