In the wake of the recent cuts, Australian geothermal companies are managing to make the best of the current situation. The current situation has angered both industry professionals and investors alike, forcing a state of “make or break” for the geothermal sector.
PetraTherm seems to have secured some significant grants worth $ 40.5m that were signed before the cuts.
While government help is always appreciated, a big burden now falls on the private side; looking for private investment and securing future projects.
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Source: PetraTherm Website
