Daldrup & Söhne AG
Daldrup & Söhne AG receives order to sink a geothermal well for geothermal power plant in Switzerland
DGAP-News: Daldrup & Söhne AG
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Daldrup & Söhne AG receives order to sink a geothermal well for geothermal power plant in Switzerland Oberhaching / Ascheberg, 23 June 2021 – Drilling technology and geothermal specialist Daldrup & Söhne AG (ISIN DE0007830572) has been awarded a contract by a regional Swiss consortium to drill a well to develop a geothermal aquifer in the Rhone Valley. Drilling with the Drillmec “DS 20” rig with a hook load of 272 tonnes is scheduled to start in October 2021. The contract is worth a mid-single-digit million euro amount. The well is expected to be drilled to a depth of approximately 3,000 metres. The thermal water will be used to generate electricity and heat. To this end, a consortium plans to build a geothermal power plant using ORC technology (Organic Rankine Cycle) with an electrical output of at least 4.2 GWh and a thermal output of about 15.5 GWh. Part of the heat is also to be made available to a traditional thermal spa and health resort. About Daldrup & Söhne AG The shares of Daldrup & Söhne AG are listed in the Scale (sub-segment in the open market of the Frankfurt Stock Exchange). Disclaimer Press & Investor Relations contact
23.06.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Daldrup & Söhne AG |
Bajuwarenring 17a | |
82041 Oberhaching | |
Germany | |
Phone: | +49 (0) 89 / 45 24 37 920 |
Fax: | – |
E-mail: | ir@daldrup.eu |
Internet: | www.daldrup.eu |
ISIN: | DE0007830572 |
WKN: | 783057 |
Indices: | Scale 30 |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1211075 |
End of News | DGAP News Service |