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Strada Energy and Mannvit enter into Engineering Cooperation Agreement

Strada Energy Website snapshot
Alexander Richter 23 Feb 2018

Geothermal development firm Strada Energy has signed a cooperation agreement on engineering services with Icelandic engineering group Mannvit from Iceland.

In an announcement sent out today, Strada Energy, a Jersey based geothermal project development company reports that it has entered into a services agreement with engineering group Mannvit from Iceland to provide engineering and other technical services for Strada’s deep well geothermal district heating and electricity generation projects.

Strada Energy utilises the patented drilling technology from Strada Drilling who are able to drill deep wells in hard rock up to 75% cheaper and faster then utilising conventional drilling technology. This technology opens up the opportunity to develop geothermal energy district heating and electricity generation applications across Scandinavia and Northern Europe.

Mannvit is a world recognised engineering consultancy based in Iceland with extensive experience in geothermal well design as well as engineering for both geothermal district heating and electricity generation plants with operations across the geothermal world.

Strada Energy is confident that through the relationship with Mannvit it can ensure leading edge engineering solutions in this important and emerging market.

For further information please contact Rod Williams, rod.williams@stradaenergy.com

Source: release by email