NER300 Presentation Report

Geothermae Project CloZEd Loop Energy technology

Country: Peoples Republic of China

Date: 7.6.2017

Venue: INNOVATION THEATRE of the 8th CEM (Clean Energy Ministerial) Beijing, PRC

AAT Geothermae (AATG) was invited as representant of NER300 to participate at the 8th CEM (Clean Energy Ministerial) Beijing, PRC 2017. It participated at the “Innovation Theatre”.

AATG used the opportunity to inform about the successful NER300 program. The development as well as the construction of it’stechnology and pilot plant were only possible because of this innovative financing model.

AATG was invited by CCGC (China National Administration of Coal Geology) to present it’s technology also to their specialized staff. At the end of the presentation the Director offered to AATG and CLEAG to setup a joint venture for the roll-out of the technology in China. This JV would be established together with Hubei Dida Geothermal Ltd. a spin-off of the University of Wuhan, the best specialists in Geothermal Energy of China.

In the meantime (16.6.2017) the general council of the China EXIM Bank has visited the site in Draskovec, Croatia with his team. They want to initiate talks how to finance the technology not only in Croatia and help initiate a fast roll-out.

We thank Andreas Uihlein and the NER300 team for the fantastic preparation of the conference and the opportunity to demonstrate EU technology as the leader in innovation.

Brussels, 23.June 2017
CLEAG/AATG
Bodo von Düring/Lorenz Ueing