News

Drilling to be completed shortly for geothermal greenhouse project in the Netherlands

Westland Greenhouse, Wateringen, The Netherlands (Source: Flickr/ Jeroen van Luin, Creative Commons)
Alexander Richter 4 Dec 2017

Drilling for greenhouse consortium Nature's Heat in the Netherlands is soon to be completed providing up to 16 MW thermal for heating for the greenhouse operation of ten operators in South Holland region.

As part of an earlier announcement Germany-based Daldrup & Söhne AG reported that it will soon complete the Nature’s Heat project in the Netherlands. Nature’s Heat B.V., Kwintsheul, is a consortium of ten greenhouse operators in the country’s South Holland region. Daldrup has started work on the project – which included the sinking of boreholes as well as the construction of the ready-to-use heating centre and local heating distribution network – in early 2016. Thanks to the highly successful drillings, the consortium’s members will be able to use ca. 16 MW of thermal energy generated by geothermal heat for their greenhouses.

To realize the project, Daldrup & Söhne AG has successfully followed the Alternative Risk Transfer (ART) concept the company had developed in-house. Since it substantially reduces the risk of unsuccessful exploration for the first drilling, it helped Nature’s Heat B.V.’s to convince a major Dutch bank to provide financing for the project

Josef Daldrup, CEO of Daldrup & Söhne AG, adds: “Finalizing the Nature’s Heat project means we will have an excellent reference project for our ART concept. This is a clear competitive advantage for our company that will enable us to acquire further geothermal projects in Central Europe since following the ART approach will once again make it possible for banks to finance geothermal drillings.”

Source: Daldrup