The project will use the Melbourne-based cleantech developer's Kalina Cycle technology, which it claims is 40% more efficient than competing geothermal systems, particularly in low-temperature geothermal projects.
Wasabi will develop the project in a consortium with Swiss utility Axpo and Geysir Europe, a German geothermal group.
The Australian company says it will receive a stake of up to 15% in the Taufkirchen project by providing technology and related services after the first geothermal production well has been drilled and the viability of the resource confirmed.
