Cardial Recursos Alternativos, expecting that the regional authorities grant the last operating permit to immediately start building our first geothermal plant in Spain, aiming to continue expasion nationally and overseas in the following years.
Cardial, is the first Spanish company seriously invovled in development of Geothermal Energy. Nowadays, we’re expecting that the regional authorities grant us the last operating permit to immediately start building this first geothermal plant.
In this first phase, we’ll develop a pilot development with a potential capacity between 5 and 8 MWt (thermal/electrical); as explained in detail along this website.
On top of the development, we continue the negotiations with different international investment groups in a context of minimal risk: Project allows to reduce the cost of plant financing & shortens the time of return of the respective investment.
Operation timings are expected to be around one year.
Thanks to Piensa En Geotermia & Think Geoenergy publications, as per their publishing.
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