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Djibouti Pays KenGen: $1M Offer on a Five-Year Geothermal Drilling Debt

Djibouti Pays KenGen: A $1 Million Offer on a Five-Year-Old Geothermal Drilling Debt Djibouti has finally moved to pay part of what it owes Kenya Electricity Generating Company (KenGen) for drilling work done near Lake Assal. The amount is small next to KenGen's balance sheet. What it says about selling geothermal drilling services across Africa matters a lot more. KenGen's latest annual report says Djibouti's state geothermal agency, the Office Djiboutien de Développement de l'Énergie Géothermique (ODDEG), has offered a first instalment of about $1 million (Sh129 million) against outstanding invoices of $2.13 million (Sh276.03 million), according to Business Daily. "ODDEG has acknowledged the debt and has proposed an initial payment of $1 million as the first instalment towards settlement," KenGen said in the report. KenGen is Kenya's largest power producer, with about 54% of the market. The Kenyan government owns 70% of the company and the public holds t...

Innargi Opens new office in Poznan,Poland

 Innargi Expands Geothermal Reach: Poland Office Opens for Poznan Project



By Robert Buluma 


In a groundbreaking move towards sustainable heating solutions, Innargi is extending its geothermal expertise to Poland with the opening of its new office in Poznan. This expansion marks a significant milestone in the company's mission to revolutionize district heating systems through the power of geothermal energy.


The Poznan project represents a key initiative in this endeavor, with plans underway to make it the first district in Poland to supply heat from geothermal sources. Currently in the development phase, the project holds immense promise for reducing carbon emissions and promoting renewable energy usage in the region.


Geothermal energy, derived from the heat of the earth's core, offers a clean and renewable alternative to traditional heating methods. By tapping into this natural resource, cities like Poznan have the opportunity to significantly reduce their reliance on fossil fuels and transition towards more sustainable energy sources.


The decision to establish a presence in Poland underscores Innargi's commitment to expanding its geothermal footprint and driving positive change on a global scale. With a track record of successful projects in Denmark and beyond, the company brings a wealth of expertise and experience to the Poznan endeavor.


The Poznan project is set to transform the city's heating infrastructure, providing residents with access to clean, reliable, and affordable energy. By harnessing geothermal heat, Innargi aims to not only improve the quality of life for Poznan's residents but also contribute to the city's broader sustainability goals.


As the project progresses, stakeholders can expect to see significant advancements in geothermal technology and infrastructure in Poznan. With each milestone achieved, the city moves closer to realizing its vision of becoming a leader in renewable energy innovation.


Innargi's decision to open an office in Poznan underscores the company's long-term commitment to the region and its belief in the transformative power of geothermal energy. By partnering with local stakeholders and communities, the company aims to create lasting positive impact and pave the way for a more sustainable future.


The opening of the Poland office represents an exciting chapter in Innargi's journey, as it continues to push the boundaries of what's possible in the realm of geothermal energy. With projects like the Poznan initiative, the company is not only shaping the future of heating systems but also helping to build a cleaner, greener world for generations to come.

Stay tuned for updates on the Poznan project and other exciting developments from Innargi's here 

https://alphaxioms.blogspot.com/2024/02/innargi-aarus-geothermal-plant-will-be.html

This article highlights Innargi's expansion into Poland with the opening of its office in Poznan and the development of the geothermal project in the region. It emphasizes the company's commitment to driving sustainable change and promoting renewable energy solutions.

Source: Researched and Written by https://www.linkedin.com/company/alphaxioms/

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