Recognizing the importance and prominent role of environmentally friendly energy sources, the company’s expert team is an active participant and leading representative of geothermal energy research and surveys in Hungary. In 2006, EU-FIRE Group established a separate division that deals specifically with the professional issues of geothermal project technologies, the technical, legal and financial feasibility of geothermal projects. In order to finance geothermal projects, EU-FIRE is in contact with domestic and international banks, investors, hedge funds and has significant experience in the preparation and successful use of state and European Union tenders for projects, which is confirmed by the multi-billion forint funding obtained for their investments.
Our services are as follows:
- Preparing an analysis (water and hydrogeology tests, analysing of geothermal potential, reviewing and coordinating the energy requirement of public institutions, making of cost and return on investment (ROI) estimates, feasibility studies)
- Project management, implementation (preparing of implementation plan documents and building permit drawings, cost calculation and ROI calculation, roll-out plan, call for tenders and choosing the contractors, managing and coordinating the project, technical supervision, test run, hand-over)
- Setting up the financial structure (providing investor and bank resources)
- Running the finished project.