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PACIFIC HEAT AND POWER CONTRACTS FOR BRINE

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PACIFIC HEAT AND POWER CONTRACTS FOR BRINE ( pacific-heat-and-power-contracts-for-brine )

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ASX AND MEDIA RELEASE 9 NOVEMBER 2011 PACIFIC HEAT AND POWER CONTRACTS FOR BRINE TESTING WORK WITH NEWCREST MINING Greenearth Energy Limited (ASX:GER) is pleased to announce that its subsidiary, Pacific Heat and Power Pty Ltd (PHP), has recently been awarded a services contract with Newcrest Mining’s Lihir operations for geothermal brine testing services. The project involves evaluating the low temperature brine that is currently under-utilised, using a specially designed test rig. The project is part of Newcrest’s efforts to maximise the value from the geothermal heat resources that are available to them. In this application PHP has taken a lead coordination role between international equipment suppliers and local geothermal experts. The results of the project will provide critical information required to select and design a Turboden Organic Rankine Cycle (ORC) system that maximises the geothermal power production, whilst minimising maintenance requirements and ensuring high reliability. Similar applications have been utilised elsewhere, using Turboden’s ORC equipment. As an example of what may be achieved, Turboden recently completed contracts for three 5MWe geothermal systems to customers in Germany, operating on temperature sources similar to the temperature of brine at Lihir island, brine from separators in high temperature geothermal systems, or to be found in Australian geothermal applications. Turboden’s range of equipment includes modular ORC units with high efficiency, ranging in sizes from 1MWe to 10MWe and scalable solutions for larger plants. Geothermal Turboden ORC can produce electricity from geothermal sources with medium to low temperature, ranging between 90°C – 180°C. Managing Director of Greenearth Energy Mark Miller said, "We are extremely pleased to be working with Newcrest Mining in maximising the electrical output from their geothermal operations, and with a view to producing further emissions-free power at the site. "This activity strengthens our belief that there is a substantial future for ORC technology in the Pacific Islands. Our range of power generating systems, complimentary services and associations with skilled engineering companies has the potential to efficiently deliver significant megawatts of emissions free, or low emissions power in Australia and the wider Pacific Rim.” For more information, please contact Greenearth Energy on (03) 9620 7299. Mark Miller Managing Director Greenearth Energy Limited Level 14, 500 Collins Street Melbourne, Victoria, 3000 www.greenearthenergy.com.au

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PACIFIC HEAT AND POWER CONTRACTS FOR BRINE

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