GEG Hosts Ministry Delegate at GeoCool Project Site in India

How’d You Like Them Apples? Iceland Ministry for Foreign Affairs Consultant Gets an Up Close and Personal Look at Our Ongoing Geothermal Cooling Project Development in the Himachal Pradesh.

Iceland Ministry for Foreign Affairs consultant (left-middle with the white shawl) standing with GEG’s Chief Research Officer Vijay Chauhan (middle back) and local villagers in the Himachal Pradesh.

27 October 2022 — Last month, GEG ehf. had the honour of hosting Erik Arling, the Sustainable Development Goals (SDGs) Partnership Fund consultant from NIRAS for the Iceland Ministry for Foreign Affairs, at our project site in India. Arling is responsible for reviewing grants for the SDG Fund, the same fund through which GEG was awarded our grant early last year for our geothermal cooling project.

A five-day trip was held to carry out a review of this apple cold storage project, now called GeoCool, in the Kinnaur district of the Himachal Pradesh. This in-depth review was followed by a warm welcome from the local villagers, and GEG along with Arling was able to have a positive discussion with them regarding the project.

The group also went on a site visit to the Satluj (Sutlej) River basin, where the first successful drilling had been carried out just last month. Visits to several other prospective areas with geothermal resource potential were carried out as well.

It is GEG’s hope that the initial success at our first drilling location will continue throughout the region to many more sites, ideally increasing the societal benefits of the project.

Arling getting a look at the literal fruits of the local apple farmers’ labour in the Himachal Pradesh.

This visit from a delegate from the Foreign Ministry was highly acknowledged by the local apple farming community, signifying the importance of the cold storage development project.

Thanks to this trip, Arling also had the unique opportunity to visit the local apple farms and to interact with the growers during the apple harvest, as his trip coincided with the peak season. Throughout this experience, the direct social impacts of GEG’s funded project could be seen in real time by the Ministry.

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Meeting in Delhi between GEG’s CRO and the Chief Minister of the Himachal Pradesh

Our CRO Dr. Vijay Chauhan, Along With Iceland’s Ambassador to India, Met With the Chief Minister of the Himachal Pradesh to Further Discuss Our Innovative Geothermal Cooling Project

GEG CRO Dr. Vijay Chauhan (far left) with Ambassador Gudni Bragason and the Chief Minister of the Himachal Pradesh Mr. Jai Ram Thakur

28 July 2022 – On July 23rd, GEG ehf.’s Chief Research Officer (CRO) Dr. Vijay Chauhan attended an important meeting in Delhi along with Iceland’s ambassador to India, Guðni Bragason.

There, Dr. Chauhan had the opportunity to meet the Chief Minister of the state of Himachal Pradesh, Mr. Jai Ram Thakur, and to thank him and the state government for granting GEG permission to conduct our exploration studies earlier this year. These studies were performed in order to assess the geothermal resources within the Kinnaur region of the Himachal Pradesh for the ongoing apple cold storage project.

The main purpose of this meeting was to discuss the full scope of further development for GEG’s geothermal cooling project in the state. As horticulture and tourism make up the primary industries of the Himachal Pradesh, a wide variety of other cascaded applications of geothermal utilization were discussed, including: fruit drying, aquaculture, tourism, and heating homes.

Dr. Chauhan explained the advantages of exploiting the available geothermal resource within the Himachal Pradesh, such as increased food security in the region and increased revenue generation for local communities.

Following this crucial meeting, Chief Minister Thakur guaranteed that the state would provide all possible support needed for the success of GEG’s geothermal cooling project, including the utilization of the resource for other geothermal applications, as these can provide considerable benefit to the local community.

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Read more about GEG Cooling and about our grant awarded by the Icelandic Ministry of Foreign Affairs

 

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Happy Earth Day from GEG!

This Earth Day 2022, GEG would like to acknowledge the UN’s April 2022 Sustainable Development Goal, “Life on Land”

Declining biodiversity and degraded ecosystems driven by external pressures such as development, pollution, and land use change are threatening especially poor and vulnerable communities. The impact on wildlife and fragile ecological systems, too, needs to be urgently addressed. SDG 15 calls for sustainable management of forests, combating desertification, to halt and reverse land degradation, and to halt biodiversity loss.

Read more about modular geothermal‘s low impact on the land & GEG’s commitment to environmental and social sustainability here!

Acquisition of Energy Co-Invest Global (ECG), the Largest Shareholder of GEG, by the Renewable Energy Company Cindrigo

Further exploration into Central European geothermal planned following Cindrigo’s acquisition of ECG

Croatia – Dubrovnik

24 March 2022 — This industry-defining news will mean significant advancements in geothermal development throughout Central Europe, particularly in Croatia and Hungary. Cindrigo’s focus within the area of renewable energy is primarily geothermal power and related energy projects.

For GEG ehf., whose largest shareholder is ECG, this is an exciting opportunity to grow as a geothermal company and continue progressing with current ongoing geothermal projects (such as our Southern Chile and India cooling projects), as well as our work in local communities. Furthermore, this will mean that GEG can even more successfully fulfill our company goals towards sustainable development and to support the global clean energy transition.

Read the full story here at Think GeoEnergy, and the full press release from Cindrigo here on the London Stock Exchange website.

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