A 10 MW geothermal power plant is being built in Kirchweidach, Bavaria, Germany, by GEOenergie Kirchweidach GmbH. The plant will provide both electricity and district heating, whisch allows it to profit from a higher feed-in-tariff under the German Renewable Energy Law, which provides a higher tariff for combined geothermal power and heating projects.
The drilling of the 4 km deep well has already started, and GEOenergie expects the power plant to be fully operational in 2012. The €50 million geothermal project has been financed through SAM Management Group AG and private investors.
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