Hez Energy is an energy company, which has 4 piece 22581.54 hectares area on the Buyuk Menderes Graben in Aydin and Denizli, 1 piece 2478.7 hectares area on the Gediz Graben in Manisa province Alasehir, 1 piece 4962.81 hectares in Bilecik and 3 piece 12410.95 hectares in Nigde, invests in a total of 9 geothermal license areas and 42434 hectares.
Scientific studies for exploration activities in our fields located in the Germencik region of the Buyuk Menderes Graben have been completed and the licenses have been converted into operating licenses. Production and injection drillings are carried out in the Germencik geothermal field, and a preliminary license was obtained for the establishment of a 24 MWe power plant in the first place.
According to scientific data the total energy capacity of our geothermal licenses has been determined to be around 400 MWe. HEZ Energy started its activities in 2016 and still continues uninterrupted production wells for operating activities for the purpose of power plant installation. Our scientific studies continue in our other fields.
Our primary plan is to order two 12 MWe power plants with a total capacity of 24 MWe in 2022.
Our target is to reach a capacity of approximately 100 MWe by the end of 2027. In the longer term, our goal is to reach 400 MWe electricity capacities by making integrated geothermal energy investments in all our fields.
We have investment plans, apart from electricity generation, to benefit from geothermal energy in an integrated way. Our R&D department works intensively on investments such as lithium production, hydrogen production with geothermal energy, modern geothermal greenhouse cultivation, fruit-vegetable drying facility etc. A pilot project on lithium production has been successfully completed. Our R&D studies on this subject are continuing, and we have a commercial investment target in the coming years.