Exergy Intl and STRABAG to closely cooperate on geothermal energy
Italian ORC supplier Exergy International and German STRABAG Umwelttechnik have agreed on a close partnership on geothermal energy development.
In a release shared by both companies today, Italian EXERGY International and STRABAG Umwelttechnik GmbH with its plant engineering and construction division from Dresden, Germany, agreed upon a far-reaching partnership for the development and realization of turnkey geothermal power plants with ORC technology (Organic Rankine Cycle).
From process design, approval management and engineering to construction, manufacture of key equipment, delivery, assembly and commissioning, to long-term service contracts and the operation of plants – STRABAG and EXERGY pool their competencies and strengths to offer the complete range of services for the turnkey construction of ORC power plants.
The initial aim is the development of joint projects and the significant expansion of market shares in Germany, one of the largest and dynamically growing markets for geothermal power plants in Europe. STRABAG has great expertise in the implementation of environmental technology systems of various types and sizes and has already built a turn-key geothermal power plant with ORC technology in Garching a. d. Alz for SILENOS ENERGY GmbH.
“With the generation of climate-neutral and base load energy, we can make an extremely important contribution to the energy transition in this country,” says Thomas Büchner, managing director of STRABAG Umwelttechnik GmbH. However, an expansion of the partnership to other markets, above all to central and south-eastern Europe, where STRABAG Group is well established, is also being considered in the medium term.
In the area of advanced binary geothermal power plants, EXERGY is the world’s second largest ORC plant provider and can boast a project portfolio with around 450 MW of installed capacity. “We bring our mature technological competence into the cooperation, leveraging on the flexibility and efficiency of the Radial Outflow turbine we have developed and produced ourselves” explains Marco Frassinetti, sales director of EXERGY International Srl. “We see valuable opportunity to grow in the German market combining our expertise in binary technology with STRABAG’s EPC (Engineering, Procurement & Construction) capabilities”.
Source: Company release