Enel Green Power and Vulcan Energy join forces on geothermal lithium systems

Enel Green Power and Vulcan Energy join forces on geothermal lithium systems

Enel Green Power and Vulcan Energy inked a wide- ranging agreement that focuses on geothermal lithium exploration by using on the development openings offered by the” Cesano” license, on the outskirts of Rome. This agreement brings together the companies ’ separate moxie in geothermal energy and lithium birth in order to develop common enterprise at the point located in the Latium region and beyond.
The collaboration involves a phased approach, which in a first scoping study phase will correspond of assessing the eventuality of Vulcan’s” Cesano” license, a point that covers an area of11.5 km2 just a many kilometers down from Rome. The agreement relies on the community between Vulcan’s know- style and the assiduity experience of Enel Green Power, a world leader in geothermal energy with shops in Italy, Chile and the United States. The mates intend to examine the prospects for farther developments in geothermal lithium, starting from the area under test but not banning farther collaborations in Italy and abroad.

” The decision to concentrate on renewable sources brings with it a amenability to face new challenges every day, to be met with the capability to introduce and the enthusiasm to discover new openings,” reflected Luca Solfaroli Camillocci, Head of Enel Green Power and Thermal Generation Italy at the Enel Group. “ This is the case for geothermal, a source of renewable energy that has considerable development prospects ahead of it, and on which Enel Green Power is completely focused, so much so that it has come a global leader. This is why we’re particularly pleased with this agreement, which will allow us, working alongside a mate of excellence similar as Vulcan, to explore the promising openings related to geothermal lithium and the Earth’s heat.”
Vulcan’s Managing Director Francis Wedin reflected, “ Vulcan is aiming to increase the unborn force of our sustainable lithium product in response to significant client demand, as we work our expansive experience in lithium birth from heated blue to have a materially decarbonizing effect on global electric vehicle force chains. By growing and diversifying our design development portfolio, we eventually aim to develop a encyclopedically significant Zero Carbon LithiumTM business concentrated on Europe, for Europe. We drink the occasion to unite with Enel Green Power on the development of geothermal lithium. As the largest patron of geothermal renewable energy in Italy, Enel Green Power is a leader in its field and has strong, positive connections in the region. We look forward to working with Enel Green Power to make a continuing and sustainable donation to the original community. ”

Enel Green Power ®, within the Enel Group, develops and operates renewable energy shops worldwide and is present in Europe, the Americas, Africa, Asia and Oceania. A world leader in clean energy, with a total capacity of further than 54 GW and a generation blend that includes wind, solar, geothermal, and hydroelectric power, as well as energy storehouse installations, Enel Green Power is at the van of integrating innovative technologies into renewable energy shops.
Vulcan is aiming to come the world’s first lithium patron with net zero hothouse gas emigrations. Its Zero Carbon Lithium ™ Project intends to produce a battery- quality lithium hydroxide chemical product from its combined geothermal energy and lithium resource, which is Europe’s largest lithium resource, in Germany. Vulcan’s unique, Zero Carbon Lithium ™ Project aims to produce both renewable geothermal energy, and lithium hydroxide, from the same deep Neptune source. In doing so, Vulcan intends to address lithium’s EU request conditions by reducing the high carbon and water footmark of product, and total reliance on significances. Vulcan aims to supply the lithium- ion battery and electric vehicle request in Europe, which is the fastest growing in the world. The Vulcan Zero Carbon Lithium ™ Project has a resource which could satisfy Europe’s requirements for the electric vehicle transition, from a source with net zero hothouse gas emigrations, for numerous times to come.