The Greet Geo Project is pleased to share news about the successful Final Conference of the Transgeo Project, a sister initiative in which our shared partner LEAP also plays an active role. As both projects work to strengthen geospatial knowledge and cross‑border territorial cooperation, we are happy to highlight this important milestone.

The Transgeo Final Conference brought together project partners and regional stakeholders to present results, exchange insights, and discuss the project’s contribution to geospatial integration across Hungary, Croatia, and Slovenia.

As LEAP is a consortium partner in both Transgeo and Greet Geo, we are proud to see our shared partner contributing to innovative geospatial solutions across multiple international initiatives.

We congratulate the Transgeo partners on completing this significant project and look forward to continued cooperation and knowledge exchange.

Hungary has officially launched a new geothermal investment de‑risking scheme aimed at accelerating development of geothermal heating projects across the country. The government issued a call for proposals under the Reducing Geothermal Drilling Risks (KEHOP‑Plusz‑4.2.4‑25) programme, opening a major funding window to support drilling and early‑stage project preparation.

Funding will be awarded through two competitive rounds:

• Phase 1: March 2-April 30, 2026
• Phase 2: September 14-October 30, 2026
  These windows are expected to attract both SMEs and large enterprises holding geothermal concession rights or exploration permits, provided they also have final construction permits for drilling locations.

The new scheme forms a core part of Hungary’s National Geothermal Strategy, which targets a 20% increase in geothermal energy use by 2026 and aims to double national geothermal output by 2030. Ongoing large‑scale geothermal projects in cities such as Szeged and Kiskunhalas demonstrate the country’s momentum in expanding clean, weather‑independent heat production.

Know more in the next link: Call for proposals – Geothermal risk mitigation scheme in Hungary

The European Geothermal Energy Council is hosting a free online workshop on 14 November.
This interactive session will explore practical strategies to reduce financial risk in geothermal energy projects, with a focus on tailored schemes across several European countries. The workshop is part of the GreetGeo Project, which aims to accelerate geothermal development through innovative support mechanisms.

Agenda Highlights:

• Welcome & Introduction
• Case Studies:
  • De-risking Scheme in France
  • De-risking Scheme in Germany
  • De-risking Scheme in Hungary
• Roundtable Discussion:
  • Designing schemes for Hungary, Croatia, Italy, Portugal, Spain, and Slovenia
• Wrap-up & Next Steps

This is a unique opportunity to learn from successful models and contribute to shaping future investment frameworks in geothermal energy.

The webinar will take place on November 17th and will showcase eco-friendly heating solutions. Registration is still open!

GreetGEO is hosting a webinar focused on sustainable heating in urban areas, exploring how CO₂ generated during energy production can be reused for heating residential buildings. The event will feature presentations from two companies showcasing their innovative technologies.

The webinar will take place on November 17 at 14:00 CET and aims to raise awareness and understanding of innovative waste-based technologies for district heating. Participants can register through the online form by clicking the link or scanning the QR code.

Two companies, Thermowatt and eChemicles, will present solutions capable of providing heating for cities with more than 100,000 inhabitants. Their approaches rely on two distinct technologies: CO₂ conversion and wastewater utilization, both applied to heating apartments. These geothermal-based technologies focus primarily on Central and Southern Europe.

Thermowatt has patented a system that recovers energy from wastewater for heating and cooling buildings, with a total thermal capacity exceeding 10 MW.

eChemicles has developed an electrochemical process that converts CO₂ into e-chemicals such as carbon monoxide, ethylene, and other valuable products. The company received the EIT Manufacturing Day BoostUp! award this year and is among the finalists in the Climate, Energy and Mobility category of the European Commission’s Innovation Radar Prize 2025.

The webinar is organized in collaboration with the REHEATEAST and HEAT 35 projects under the Interreg programme and the Greet CE project supported by Horizon Europe. The Hrvoje Požar Energy Institute is a common partner for all of these projects and coordinator of GreetGeo.

To register click here!

SPEAKERS

Introduction by Krisztina Dely, moderator

Speaker	Company	Introduction
Pál Kiss	Thermowatt	Award-winning patented (in 37 countries) solution utilizing wastewater (waste heat) to generate environment-friendly and cost-effective energy for heating and cooling buildings – with significant references of over 10 MW heat capacity
Balázs Hepp	eChemicles	Scalable low temperature electrochemical technology that uses renewable energy to directly convert CO2 into e-chemicals, such as carbon monoxide, ethylene, and other products – winner of the EIT Manufacturing Day BoostUp! East 2025 pitch competition first prize in 2025. It is one of the six finalists in the Climate, Energy and Mobility sector for the European Commission Innovation Radar Prize 2025, an annual initiative celebrating the most promising EU-funded startups and innovators. The event will be held on 10 November 2025 in Lisbon.

To register click here!