An Australian company is hopeful to use thermal power from the Savo volcano to provide electricity to the country’s capital, Honiara.
Today PACNEWS reports the Brisbane based Geodynamics Limited and its joint venture partner Kentor Energy Pty Ltd, a subsidiary of Kentor Gold told the Australian Stock Exchange the granting of development consent by the Solomon Islands Government follows a review of both their Environmental and Social Impact Assessment and their Environmental Management Plan.
Meanwhile, Geodynamic’s chief executive officer Geoff Ward said the key step for the company is to undertake exploration drilling on the island to prove the existence of a geothermal reserve capable of supporting the project.
