Germany's Hochtief enters geothermal market

[jpak]

http://media.cleantech.com/1950/germanys-hochtief-enters-geothermal-market


The company is forming a venture with Renerco and SachsenFonds to build and operate a 5 megawatt plant.

Essen, Germany-based construction contractor Hochtief said today it's forming a venture to build and operate a 5 megawatt geothermal plant.

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The plant, to be built in Bavaria, is just the first of many for Hochtief, which said it is "positioning itself in good time for the growing geothermal energy market."

The company said it plans, with its partners, to build and operate further power plants, each with an output of four to five megawatts in the South German Molasse basin, where the venture already has the necessary permits.

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