Ormat Technologies Secures a $16 Million Contract for a Geothermal Power Plant in Turkey

Reno, USA

The contract is valued at approximately $16 million and delivery of the equipment is expected to be completed within 16 months from the contract date.

The customer, MEGE- Menderes Geothermal Elektrik Uretim, A.S, a private developer and owner of the resource in Turkey, has one operating Geothermal Power Plant that was supplied by Ormat in 2004.

The new power plant significantly contributes to the local authorities' efforts to develop the base load needs of Turkey through dependable, indigenous and clean geothermal power, optimizing the energy utilization by converting both geothermal steam and brine from geothermal wells into electric power. The new plant will use air-cooled condensers and allow 100% geothermal fluid reinjection, which serves both to sustain the reservoir and to produce electrical power with virtually no environmental impact. Out of the existing plants in Turkey, one uses water-cooled condensers and the rest are air-cooled. All will utilize the hi-performance hi-efficiency organic turbine developed by Ormat for geothermal and recovered-energy applications. With this new development, Ormat technology maintains its leadership in the creation of electricity from geothermal resources in Turkey, both in MW and number of power plants.

Source: IWR Online, 01 Jul 2008