Funding gone for Petratherm

ADELAIDE-based geothermal company Petratherm has confirmed that the Australian Renewable Energy Agency has officially terminated a proposed $13 million emerging renewables grant, flagged for the company's Paralana project in South Australia.

Funding gone for Petratherm Funding gone for Petratherm Funding gone for Petratherm Funding gone for Petratherm Funding gone for Petratherm

The agency signed a deed of termination on the grant after Petratherm was unable to meet pre-requisites under a dollar-for-dollar matching funds requirement

Petratherm was successful in obtaining a

loader