Baseload Power Iceland and Varmaorka ehf. have announced that they have received all required approval to begin drilling a new well (ER-24) in the Efri-Reykir geothermal project in Bláskógabygð, Iceland. If successful, well ER-24 will support the 2.5 MWe geothermal binary power plant that supplies baseload electricity and heat to over 2000 local homes and businesses.

According to the news shared in a local newspaper yesterday, Menderes Geothermal Elektrik Uretim A.S, a subsidiary of MB Holding, is planning to drill a 1000-meter geothermal production well in the Kosk district of Aydin, Turkey.