Over the next 90 days, Cengiz Holding will complete due diligence before moving to a formal agreement.
Presently, no timeline or project capacity details have been released.
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Australia and Turkey explore Indonesia’s geothermal potential
Tue, 6 July 2010
PT. Geo Power Indonesia, a wholly owned subsidiary of Australian geothermal company, Greenearth Energy, has signed a non-binding Memorandum of Understanding with Turkish construction and mining company Cengzic Holding to develop a Java-based site in Indonesia for the production of geothermal power.
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Categories: Climate Change, Energy efficiency, Geothermal, Project
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