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BELGRADE (Serbia), July 16 (SeeNews) – French geothermal association AFPG has signed a memorandum of understanding (MoU) to support the development of geothermal energy projects in Serbia's northern autonomous province of Vojvodina, the Vojvodina government said.
AFPG will support Vojvodina in executing studies on the technical and economic potential of the geothermal resources in the province, the Vojvodina government said in a statement on Monday.
A recent study executed by GEODEEP, a cluster of companies including members of AFPG, has shown that Vojvodina has the potential to develop four geothermal projects with a capacity of between 11 MW and 17 MW each with a total investment ranging from 7 million euro ($7.9 million) to 18 million euro, the Vojvodina government said.
The potential geothermal projectя are located in the towns of Subotica, Kikinda, Sremska Mitrovica and Ruma, and in addition to the production of power, they will supply heat for district networks in cities or industrial zones, the Vojvodina government added.
The MoU with AFPG was signed by the Vojvodina government in the framework of the visit of French President Emmanuel Macron to Serbia.
($ = 0.8903 euro)