Here at GeoExchange Australia we take great pride in assisting companies and individuals discover their own opportunities in the low carbon economy. Geoexchange systems require skillsets as diverse as mechanical engineering, geology / hydrogeology, plumbing, refrigeration, drilling and earthworks. Many of these skills are common in the mining and manufacturing industries so the transition is more about the applied skills than the core skills themselves.
The latest example is the investment and establishment by Roc-Drill of Geothermal Industries Pty Ltd (GI), a specialist drilling company that will be jointly based out of Toowoomba and Adelaide. Their research and industry connections took them to Sweden and thus they have been heavily influenced by the Swedish geothermal industry, where geoexchange or geothermal systems are essentially a mainstream heating system.
The result has been the introduction to the local market of a new drill rig, new loop installation techniques and a patented PE turbo pipe. A combination of new technologies and installation techniques will make installing a geoexchange system more affordable.
GeoExchange Australia Managing Director Yale Carden (left) and Geothermal Industries Managing Director Nigel de Veth at the Toowoomba site [Image Source: The Chronicle]
On Thursday 14 April, Geothermal Industries demonstrated their Australian first approach in Toowoomba QLD. Five 100m boreholes were drilled and the patented turbo pipe was installed at the site of their new Commercial office.
Our Managing Director Yale Carden was at the drilling and commented:
“It’s the sort of technology that will work very well up here in Toowoomba. We also found, in other areas of regional Australia, a lot of local jobs (created) with these kinds of projects.”
Geothermal Industries Managing Director Nigel de Veth said our partnership has brought a new dimension to the drilling processes:
“This new system allows us to decrease electricity consumption by 70 per cent in winter and 50 per cent in summer.”
For further information on the launch please see the below local media: