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Vulcan Energy Secures €110M Contract to Power Europe’s EV Future
8:35am on Friday 26th of September, 2025 AEST
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Energy
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Vulcan Energy Secures €110M Contract to Power Europe’s EV Future
8:35am on Friday 26th of September, 2025 AEST
Key Points
€110 million fixed lump-sum EPC contract signed with Turboden and ROM Technik
Geothermal plant to produce 275 GWh renewable power annually alongside 24,000 tonnes lithium hydroxide
Project supports approximately 500,000 electric vehicles per year
Contract signing is a condition precedent to financing targeted for second half of 2025
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