Climate Fund financing for QHeat to help develop Finnish geothermal

A €3.3 million capital loan granted to Quantitative Heat Oy (QHeat) by Climate Fund, a Finnish state-owned special-assignment company, will be principally allocated to the purchase of new, more efficient drill equipment for drilling medium-deep heat wells.

QHeat began drilling its first geothermal project and network construction in the Finnoo district of Espoo, Finland in December 2021

09 March 2022
comments

A Sneak Peek at the Future of Drilling Data

SPONSORED
cr mining
Two brand-new Comacchio CXT 15 rigs to join operations in Guinea

SPONSORED
comacchio
Simplify your geotechnical Jobs

SPONSORED
geoprobe
Gain Ground on the Competition

SPONSORED
geoprobe

QHeat is so far the only Finnish operator to successfully drill medium-deep heat wells.

Best value

Website Package

SUBSCRIBE NOW

In depth articles from industry experts examining a variety of products and techniques
Detailed equipment reviews and reports giving insight into technical problems and solutions
Information on suppliers, forthcoming events and recruitment trends
Coverage of Mineral resources exploration, Piling, Construction, Quarrying, Environmental testing, Water well, Ground consolidation, Geothermal works and more.

view all subscription options

Website & Magazine Package

SUBSCRIBE NOW

Access to the Magazine in your web browser and via tablet and smartphone apps
In depth articles from industry experts examining a variety of products and techniques
Detailed equipment reviews and reports giving insight into technical problems and solutions
Information on suppliers, forthcoming events and recruitment trends
Coverage of Mineral resources exploration, Piling, Construction, Quarrying, Environmental testing, Water well, Ground consolidation, Geothermal works and more.