| Geodynamic announces MOU with Euro companies |
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| Tuesday, 24 April 2007 | |
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On ANZAC Day, Wednesday 25th, Geodynamics Limited was still hard at work,
announcing that “in conjunction with its 100% subsidiary Geodynamics Power Systems
Pty Ltd, it has entered into a Memorandum of Understanding with the European
companies, Geysir Green Energy ehf and Exorka ehf.
The memorandum covers
discussions in relation to a potential merger between Geodynamics Power Systems Pty
Ltd and Exorka ehf to form a consolidated vehicle focused on the development of
geothermal power plants based on Kalina cycle technology.”
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Newsflash
| AGEG, AGEA and NZGA (New Zealand Geothermal Association) have joined hands to submit an Expression of Interest to the International Geothermal Association to co-host the World Geothermal Congress in NZ and Australia in 2015. The 5-yearly WGC is the premier geothermal event in the world. The proposal is to hold short courses and field trips in the heart of the Taupo Volcanic Zone, the Conference in an east coast Australian city, then other field trips to Australia’s unique geothermal sites. |
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