News & Events

Global Licensing Agreement with FLSmidth for the Kalina Cycle® in Cement & Lime Industries - June 2011

Wasabi Energy (ASX: WAS, AIM: WAS) has signed a global Kalina Cycle® technology licensing agreement with FLSmidth (NasdaqOMXC: FLS), a leading supplier of engineering, procurement and construction (EPC) services to the global cement and minerals industries.

This license agreement will facilitate the rapid adoption of the Kalina Cycle® across the global cement and lime manufacturing industry resulting in significant reductions in CO2 emissions for the cement industry whilst generating substantial licensing and engineering revenues for Wasabi Energy.

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Wasabi Energy Signs Term Sheet to Acquire Interest in German Kalina Cycle® Geothermal Development Project - June 2011

Wasabi Energy (ASX: WAS, AIM: WAS) is pleased to announce the signing of a term sheet to jointly develop, own and operate the Taufkirchen Geothermal Power Plant in Southern Germany. Wasabi Energy joins an experienced consortium consisting of Swiss utility Axpo, German geothermal developer Geysir Europe GmbH and its wholly owned subsidiary Exorka GmbH, a Kalina Cycle® licensee, to develop the Taufkirchen project.

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Industrial appetite steers energy efficiency growth - April 2011

By focusing on the immediate demand for its portfolio company Global Geothermal’s waste heat technology, AIM-listed investment group Wasabi Energy is aiming to tap into a growing trend for industrial energy efficiency. - Envirotech & Clean Energy Investor

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GGL secures contract with FLSmidth to build 8,600 kW Kalina Cycle® power plant

Once commissioned, the Kalina Cycle® power plant will generate 8,600 kW of renewable power from the waste heat stream of the Khairpur Cement Plant, owned and operated by the D.G. Khan Cement Company.

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GGL has acquired the Orkuveita Húsavíkur (Húsavík) geothermal power plant

As the first geothermal Kalina Cycle® power plant installed over a decade ago, the Húsavík geothermal power plant provides an important reference plant for the Kalina Cycle® technology and also provides a strong platform for targeting larger, low enthalpy geothermal projects, globally.

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GGL secures two new contracts for the innovative adoption of the Kalina Cycle®

The first contract awarded to Global Geothermal Limited is from OCEES3, a leading ocean thermal energy conversion (OTEC) company, for the design of the world’s first OTEC Kalina Cycle® power plant.

The second contract awarded to Global Geothermal Limited is for the engineering, procurement and assembly of an additional Eco-Gen Kalina Cycle® power plant for the Japanese geothermal market. This second order is for a substantially similar Eco-Gen unit to the previously announced GERD4 order, although it is expected to be constructed by an alternative technology partner.

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Key milestone for GGL in China

Global Geothermal Limited and exclusive Kalina Cycle® licensee for the Chinese market, Shanghai Shenghe New Energy Resources Science and Technology Co Ltd (SSNE), recently commissioned a solar thermal power plant operating with the highly efficient, Kalina Cycle® technology. The Kalina Cycle® power plant was integrated with the design and construction of the Shanghai Corporate Pavilion (figures 1-3) as part of EXPO 2010 in Shanghai, and has been on public display since the 1st of May this year.

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Johnson Controls Contracted to Integrate and Supply Two Packaged Kalina Cycle® Technology Power Plants

The directors of Global Geothermal Limited and its subsidiary Recurrent Engineering are pleased to announce that they have signed a manufacturing contract with Johnson Controls, Inc. to produce two packaged geothermal power plants for Global’s Japanese customer, Geothermal Energy Research & Development (GERD). GERD received funding for its project from NEDO, Japan’s department of energy. Both of the geothermal fluid powered, Kalina Cycle® technology units are sized for 50 KW of continuous electrical output, and will be deployed at Japanese hot springs resorts to offset power purchased from the local utility.

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Shanghai 2010 World Expo

SSNE planning solar thermal application for the Kalina Cycle®. Traditional solar water heaters will be placed on the 3000m2 roof of a Chinese pavilion, and the resultant hot water will transform into electricity to power the pavilion. A novel storage array will also be demonstrated to allow the pavilion to be powered up from when the sun goes down until the exhibition closes.

Shanghai pavilion construction
Shanghai pavilion construction

Plant for Tibet, Spring 2010

Commencing in May this year, Global Geothermal, Recurrent Engineering and their Chinese partner, Shanghai Shenghe New Energy, have designed and manufactured a 50kW demonstration geothermal plant for an area in south western Tibet currently without power. This plant, assembled in two weeks from standard industry components, will be shipped to the site, 4,600 metres high, for commissioning in Spring 2010.

Siemens Unterhaching Launch Party, June 5

Siemens has completed the construction and commissioning of its first geothermal power plant, which uses binary cycle with ammonia-water technology to produce electricity, built under a turn-key contract for the Town of Unterhaching, Germany. The plant’s power output is 3.4 MW. After successful acceptance tests, the plant was transferred into the ownership of, and operation by, the town of Unterhaching at the beginning of April 2009. Siemens has worked with Recurrent Engineering, which is also a part of Global Geothermal Ltd, in the commissioning of the project, although Siemens retained responsibility for the design and construction phases.

Unterhaching
Unterhaching