ZeroGeo Energy GmbH (锟絑eroGeo锟�) is pleased to announce the purchase of Geothermie Rupertiwinkel GmbH (锟紾TR锟�) and GTR锟絪 plans for a Green Energy Hub in Kirchansch锟絩ing, Bavaria.
The Green Energy Hub will consist of a geothermal heating and cooling and/or power development plus a Battery Energy Storage System (锟紹ESS锟�).
Background
GTR is the holder of the Ruperti II geothermal permit, covering an area of circa 91km锟� in south-east Bavaria (锟絉uperti II锟�).
The Ruperti II permit benefits from:
(i) extensive 3D seismic surveys over the whole of the permit area;
(ii) measurements from two cased boreholes, drilled in 2021, to depths of circa 6,200m (MD); and
(iii) a fully functioning drilling pad with 3 cellars ready for drilling,
(the 锟絋echnical Data锟�).
The Technical Data will be used to advance the Green Energy Hub.
The Green Energy Hub
The Green Energy Hub will consist of:
(i) Geothermal Heating and Cooling plant: delivering heat and/or cooling to the municipality and industrial customers of Kirchansch锟絩ing (锟紿eating & Cooling Project锟�);
(ii) BESS project: circa 10MWe (锟紹ESS Project锟�); and
(iii) Geothermal Electricity project: a 3-5MWe pilot project using Petrothermal technology (锟絇etrothermal Project锟�).
John Ashbridge, CEO of ZeroGeo stated: 锟絎e are delighted to have completed the purchase of GTR and we thank the previous owners, including Axia and others, for the high-quality work completed in the past to understand the geothermal potential in the Ruperti II permit area. With this acquisition we are opening a new chapter in the development of the geothermal resources in the Ruperti II permit area and we look forward to developing a Green Energy Hub around the Kirchansch锟絩ing drill pad. We will welcome collaboration with other developers and investors in the German green energy market.锟�