GEG received an undisclosed investment from WHEB Partners, a London-based clean-tech private-equity fund.
Oslo-based GEG is developing modular, portable plants designed to provide faster access to geothermal resources at a lower cost than conventional equipment.
The geothermal turbine modules, each of 5MW capacity, can be deployed at individual well-heads as soon as they are ready, says GEG.
This removes the need to drill multiple wells and build up a critical mass of steam production before installing larger, conventional geothermal plant equipment, claims GEG.
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