News

Albioma plans geothermal drilling in Aydin, Turkiye

Albioma plans geothermal drilling in Aydin, Turkiye Kuyucak geothermal plant, Turkey (source: EXERGY)
Carlo Cariaga 1 Sep 2022

Albioma is planinng to drill one geothermal well at the company's resource area in the Kuyucak district of Aydin, Turkiye.

Albioma Kuyucak Geothermal Elektrik Üretim A.S., (Albioma)  will carry out exploration drilling for one geothermal well at the Kuyucak district of Aydin, Turkiye, where the company is also operating an 18-MW geothermal power plant. Kuyucak Geothermal was acquired by Aydin from Turcas Petrol A.S. in February 2022, as we reported.

Albioma currently holds the operating license for a geothermal resource in Kuyucak with an area of 4,685 hectares. Drilling will be done to gather scientific data about the site’s subsurface geology, as well as the chemical and physical properties of the geothermal fluid. Based on the resulting temperature and flow of the well, a decision shall be made on whether it will be used for production or reinjection. The project value is calculated as approximately TL 36 million (USD 1.98 million).

Albioma Kuyucak Geothermal Elektrik Üretim AS, the Turkish arm of French Albioma. As an independent renewable energy producer, Albioma is engaged in the energy transition business through biomass and photovoltaics. Based in the French Overseas Territories, Mauritius and Brazil, the Group has developed a unique partnership with the sugar industry for 20 years to generate renewable energy from bagasse, the fibrous residue of sugar cane. Albioma is also the first photovoltaic energy producer overseas, where it builds and operates innovative projects with storage.

Albioma is also the majority stakeholder of geothermal operator Gümüsköy which operates the 13-MW Gümüsköy geothermal power plant, also located in the Aydin region of Turkiye.

Source: Enerji Gunlugu via our Turkish language platform JeotermalHaberler