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Thursday, March 1, 2018

Europe: GDF Latin America Wins European Geothermal Innovation Award

GDF Latin America, the geothermal innovation of the year (EGEC)

Ruggero Bertani, EGEC’s President, on stage
with Christoph Sigrist (GDF) and the other finalists.
(Courtesy EGEC)
During the opening ceremony of the GeoTHERM Exhibition and Congress 2018, the European Geothermal Innovation Award 2018 was awarded to the Geothermal Development Facility (GDF) Latin America, the first multi-donor climate initiative offering risk mitigation for surface studies and appraisal drillings during the exploration phase of geothermal projects in Latin America.

GDF is an innovative financial mechanism that fosters geothermal development in Latin America, both in South America and Central America. It has been operational for two years and is mainly funded by the European Union and Germany.