Whitebark Energy develops geothermal projects

Whitebark Energy Ltd (U: WBE) has released an update.

Whitebark Energy Ltd has expanded its geothermal energy exploration efforts with the addition of an EPG2050 permit in Queensland’s Cooper Basin, which demonstrates the promise of geothermal activity for long-term renewable energy and hydrogen production. The move is in line with the Australian Federal Government’s significant incentives for hydrogen production and complements Whitebark’s existing portfolio, strengthening its position in the renewable energy market. The company’s strategic expansion into geothermal and hydrogen assets aligns with investor and government interest in clean energy solutions.

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