| Torrens Energy announce change to Board |
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| Monday, 09 July 2007 | |
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Torrens Energy announced some significant changes to its Board of Directors. Coming onto the Board are Mr David Eiszele, former Managing Director of Western Power, and Mr Marcus Gracey, corporate and intellectual property lawyer. Existing Board member, Dr Dennis Gee, will become Non-Executive Chairman, while Mr Mal James will step aside to make way for the newcomers. |
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| In Reno Nevada (USA), the US Department of Energy announced up to US$78 million funding for twenty-one research, development and demonstration geothermal projects to promote Engineered Geothermal Systems. While none of this money will come directly to Australia, Australia will certainly benefit from the improved knowledge and technology that will flow from these projects. |