January 2013
| Business World Magazine | 181
they received has generated a large amount
of interest in the work that both Petratherm
and HelioTherm are embarking on.
“We are looking to get our first plant
online by the end of next year for Paralana.
Depending on a deal that we are currently
in the process of negotiating in Spain we
could have a district heating project finished
around the same time,” says Kallis, demon-
strating how close Petratherm is in actual-
ising their project scopes. “In five years we
look to have completed the demonstration
stage of Paralana, and will be producing 30
megawatts there and then expanding it to the
next step. This next step will be targeted to
Olympic Dam,” he says. He says that by that
point he sees that HelioTherm would have
completed their R&D, and have developed
a pilot project that Petratherm would be ac-
tively looking to implement.
o