Penola gets tick of approval

PANAX Geothermal's Penola project in the Otway Basin has received a boost after an independently reviewed pre-feasibility study confirmed it had the potential to generate base-load power similar to that of gas-fired power plants.

Penola gets tick of approval Penola gets tick of approval Penola gets tick of approval Penola gets tick of approval Penola gets tick of approval

The study, reviewed by San Francisco-based consultancy GeothermEx, showed the hot rocks project could generate 1-megawatt hour of power for $A63, which was also highly competitive with other forms of

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