There are three Measured Geothermal Resources in Australia currently recognised by the Australian Geothermal Reporting Code.
This is the highest classification a geothermal resource can receive before reaching commercial geothermal reserve status. Raya owns a project in South Australia located in the Otway Basin.. Read more.
Indonesia is considered a world geothermal ‘hotspot’ and has more than 27,000 megawatts potential. To meet the electricity demands of the fast growing economy, the Indonesian Government plans to expand geothermal generating capacity by 240 per cent over the next four years.
Raya is focussed on seeking a strategic partner to assist with funding and development of its Sokoria Geothermal Project in Indonesia. Read more.