Wien Energie , Vienna ’ s largest energy provider , operates an extensive district heating network . Last year , the company has announced a joint venture with OMV to develop a deep geothermal power plant in the city , named Deeep . This week , drilling has commenced to access a natural hot water reservoir located approximately 3,000 metres underground , known as the Aderklaaer Konglomerat . The reservoir lies within a water-bearing rock formation and maintains a temperature of around 100 degrees Celsius . The geothermal plant in Vienna ’ s 22nd district ( Aspern , part of Vienna-Donaustadt ) is expected to come online in 2028 . With a planned capacity of approximately 20 megawatts ( MW ) of thermal energy , including contributions from Wien Energie heat pumps , it |
will provide emission-free heating to approximately 20,000 Viennese households . The Aspern geothermal plant will rely on three wells : a pilot well for exploration , maintenance , and system protection ; a production well to extract the hot water ; and an injection well to return the cooled water underground . Drilling is expected to conclude by mid-2025 , after which production tests will assess the formation water ’ s availability , temperature , and chemical composition . Once the evaluation is complete , construction of the surface plant can begin . When the plant is in operation , hot water is pumped to the surface , where its heat is transferred to the district heating network via a heat exchanger . The cooled water is then reinjected into the original reservoir , creating a closed-loop system . |
Aalberts N . V . has reached an agreement to acquire 100 % of the shares of Paulo Products Company ( Paulo ), operating five facilities in the USA and one in Mexico , generating an annual revenue of approximately USD 105M with 522 employees . Paulo is a provider of industrial heat treatment and related services that are critical to achieving strength , hardness , and other metallurgical properties required in various industrial applications . It is the largest privately owned thermal processing platform in North America providing solutions including heat treatment , brazing , and metal finishing . Paulo serves attractive end markets like automotive , aerospace , defence , and power generation . |
In line with the ‘ thrive 2030 ’ strategy , this acquisition will strengthen the geographical footprint in the USA . By combining Paulo ’ s heat treatment , brazing , and metal finishing expertise with the existing technology solutions , it is creating an even stronger business with enhanced benefits for the customers . The experienced management of Paulo will work closely with the management of Aalberts Surface Technologies in North America . The transaction , which is conditional on regulatory approvals , is expected to be finalised in the second quarter of 2025 . The results of Paulo will be consolidated immediately thereafter . The acquisition will directly contribute to the earnings per share and will be financed from existing credit facilities . |
DCP Data Center Partners are proud to announce their latest project , which is expected to be a 30MVA data center development in Munich . The site , located in Unterschleißheim , less than 15km from the Bavarian capital city , is expected to bring additional compute power to one of the most dynamic regions in Germany . |
Germany is , overall , a hot spot for data center development in Europe . Inside Germany , new data center hubs such as Düsseldorf , Berlin , and Munich , are mitigating the power shortage issues around Frankfurt and the Munich location is perfect for the most recent AI and Machine Learning applications . With a population of close to 13.4 million people of which 1.3 million in |
Munich directly , Bavaria is a growing hub for all digital applications . The future data center project is ESG-focused and will be targeting a PUE of 1.2 , planning to implement energy-efficient designs combined with heat recovery schemes . The site is expected to offer some 6.300m2 of white space over 3 floors dedicated to IT operations for |
a total of 17MW of planned IT load . It is designed according to the Tier 3 standards as defined by Uptime Institute and strives to achieve the EN50600 and LEED certifications . This Munich data center project will come to market with an expected RFS Ready for Service Date of mid-2027 for the first phase of construction . |