GMK Vitality A.S (GMK Vitality) has signed a letter of intent with Alberta-based Novus Earth Vitality Operations Inc (Novus Earth) to associate on the event of geothermal energy technology options in Türkiye by deploying Superior Geothermal Programs (AGS) answer at GMK Vitality’s geothermal license location in Türkiye.
GMK Vitality is a geothermal know-how and growth firm with key property throughout Türkiye, representing an enormous potential all through the area. The corporate is pleased with its world-class geothermal growth functionality and in depth expertise within the implementation of Coaxial AGS answer for the heating of greenhouses. The combination of AGS know-how is predicted to enhance GMK Vitality’s standard geothermal useful resource growth efforts, optimizing nicely design and bettering drilling efficiency.
“GMK Vitality’s geothermal licenses are positioned to considerably contribute to Türkiye’s renewable vitality targets. By partnering with Novus Earth, collectively we purpose to leverage AGS know-how to reinforce our geothermal vitality extraction course of and unlock new potentialities for sustainable vitality technology,” stated Murat Karadas, Co-founder and CTO at GMK Vitality.
Novus Earth is an progressive supplier of AGS know-how, with give attention to bettering drilling effectivity and enhancing vitality extraction from subsurface thermal assets. The corporate can be creating the Latitute 53 challenge in Hinton in Alberta, Canada, which goals to produce each thermal vitality and electrical energy.
“This partnership is an thrilling alternative to show the potential of AGS know-how in Türkiye’s geothermal sector. We’re proud to collaborate with GMK Vitality on this landmark challenge and set new requirements for geothermal vitality extraction within the area—and globally,” stated Jeff Messner, President and Co-founder of Novus Earth.
This collaboration aligns with Türkiye’s ambitions to develop its renewable vitality capability and scale back reliance on fossil fuels. By combining GMK Vitality’s operational experience in implementing AGS for direct options along with Novus Earth’s progressive AGS know-how, the 2 firms purpose to make important developments in geothermal vitality manufacturing.
The collaboration will assist drive Türkiye’s vitality transition, constructing a sustainable and unbiased vitality future by the event and implementation of decarbonized applied sciences.
The LOI represents each events’ dedication to working collectively on the challenge in Türkiye throughout which period each events purpose to formalize a long-term partnership and start work on the agreed challenge in Türkiye. Additional updates on the challenge can be supplied as milestones are achieved.
