Turkey, Iceland:

Icelandic JV to Develop 100 MW Project at Mount Nemrut, Turkey (ThinkGeoEenrgy)

Icelandic Joint Venture (JV) of Efla Engineering Group and RARIK (Iceland State Electricity) have signed an agreement with Turkish group Zorlu Enerji for the development of the Mount Nemrut geothermal project with a potential of up to 150 MW.

The agreement is about development of a geothermal project of 100-150 MW at Nemrut Mountain in the east of Turkey.

The parties have established Memrut Jeotermal Elektrik, jointly owned by RARIK Turkison Enerji (RTE) and Zorlu, which will now carry out further research in the area and start drilling activities necessary for geothermal power generation capacity of up to 100-150 MW, as well as the development of district heating.

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