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PannErgy inaugurates geothermal energy project

Geothermal energy company PannErgy inaugurated a power supply center in Bóny, on the outskirts of Győr, northeastern Hungary, which was built as part of a HUF 10.2 billion investment project in Győr, Hungarian news agency MTI reported.

Thermal energy from the center will supply 60% of heating required by vehicle-manufacturer Audi Hungariaʼs plant in Győr as well as provide heating for 24,000 households in the city.

PannErgy received a HUF 2 bln grant from the government and a €20.3 million loan from the Hungarian Export-Import Bank to finance the HUF 10.2 bln project.

As part of the project PannErgy built two extraction wells, two reinjection wells, a power supply center and a 17-kilometer-long pipeline, said Dénes Gyimothy, acting CEO of PannErgy, at the inauguration event.