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Petratherm considers geothermal well on Tenerife

Geothermal energy company Petratherm will start work on pinpointing a deep well for geothermal energy on Tenerife in the Canary Islands.

Petratherm España is searching for hot fluid on Tenerife “where there is a huge potential for a conventional volcanic heat-based project,” the geothermal energy company says.

Petratherm is holding advanced talks with potential joint venture (JV) partners to fund the planned deep drilling work for the geothermal project.

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