10月27日，開山股份全資子公司、美國地熱開發公司Open Mountain Energy, LLC與美國新一代地熱開發公司Fervo Energy Company簽署備忘錄，雙方將合資、合作開發新一代地熱發電試驗項目。

On October 27th, Open Mountain Energy, LLC, a wholly-owned subsidiary of Kaishan Co., Ltd., an American geothermal development company, and Fervo Energy Company, an American next generation geothermal development company, signed a memorandum of understanding

眾所周知，地熱電力是可以作為基載電力的“高級清潔能源”，其可用性超過80%，采用 開山技術建設的地熱電站可用性更是高達95%。在迎接“碳中和”時代，地熱電越來越得到重視和青睞。不足的是，地熱資源較為有限，讓地熱電無法成為主流清潔能源。然而，新技術正促使新地區的地熱資源得以釋放——利用正確的新技術，地熱蘊藏量可達石油、天然氣和煤炭的近30倍，一旦開發技術得到突破，有望成為主流可再生能源。

As we all know, geothermal power is an “advanced clean energy” that can be used as base-load power, and its availability exceeds 80%, and the availability of geothermal power stations built with Kaishan technology is as high as 95%. In the era of “carbon neutrality”, geothermal power is getting more and more attention and favor. The disadvantage is that geothermal resources are relatively limited, making geothermal power unable to become the mainstream clean energy. However, new technology is unlocking geothermal in new places. Geothermal, with the right technology, has nearly 30 times that of all oil, natural gas and coal reserves. Once the development technology is broken, it is expected to become the mainstream renewable energy.

10月19日，曹克堅董事長在美國內華達州Reno的OME辦公室會見了Fervo Energy公司 CTO Dr.Jack Norbeck。據介紹，Norbeck博士是Fervo Energy公司創始人之一，創辦該公司源于他在斯坦福攻讀博士學位時有關新一代地熱系統開發的研究成果——發明了多段、地熱流量控制技術。Fervo Energy作為初創公司已經完成了兩輪超過4000萬美元的融資，并已獲得美國能源部超過1000萬美元的資助。雙方商定，首先在Star Peak地熱湖邊緣開發10MW地熱項目，一旦成功，雙方將開始為期五年的合資，合資期間，將開發多個地熱項目，總發電功率目 標為至少100MW。

On October 19th, Chairman Cao Kejian met with Fervo Energy CTO Dr. Jack Norbeck in the OME office in Reno, Nevada, USA. Dr. Norbeck is one of the founders of Fervo Energy. The founding of the company originated from his research results on next generation geothermal development when he was studying for a Ph.D. in Stanford-the invention of multi-stage, geothermal flow control. As a start-up company, Fervo Energy has completed two rounds of financing of more than US$40 million, and has received more than US$10 million in funding from the U.S. Department of Energy. The two parties agreed to first develop a 10MW geothermal project on the edge of the Star Peak geothermal lake. Once successful, the two parties will begin a five-year joint venture. During the joint venture, multiple geothermal projects will be developed with a total power generation target of at least 100MW.

在此之前，公司總經理湯炎博士與Jack博士團隊進行了技術交流。雙方確認，開山負 責電站模塊設計，Fervo負責鉆井模塊設計，雙方共同開發和展示各自先進的模塊設計。同 時，開發方向首先在現有地熱湖邊緣開發，擴大地熱湖面積，提高地熱田產量。

Prior to this, the general manager of the company, Dr. Tang Yan, had a technical exchange with the team of Dr. Jack. The two parties confirmed that Kaishan is responsible for the power station module design and Fervo is responsible for the drilling module design. The two parties will jointly develop and demonstrate their respective advanced module designs. At the same time, the development direction is to first develop on the edge of the existing geothermal lake, expand the area of the geothermal lake, and increase the output of the geothermal field.

我國新一代地熱資源也極為豐富，一旦擁有成熟開發技術有望成為戰略性接替能源。目 前，因為國內地熱資源有限，我公司無法得到資源而不能參與國內地熱開發，一旦先進鉆井技 術趨于成熟，我公司將有機會參與到國內需求極大的可再生能源開發中，讓實現“領先的清潔能 源開發商”這一愿景成為可能。

Geothermal resources in China are also extremely rich, and once mature development technology is available, it is expected to become a strategic alternative energy source. At present, due to the limited domestic geothermal resources, our company cannot obtain the resources and cannot participate in domestic geothermal development. Once advanced drilling technology becomes mature, our company will have the opportunity to participate in the development of renewable energy with great domestic demand. The vision of “leading clean energy developer” becomes possible.