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Thursday, December 4, 2014

Kenya:

Ormat to Expand Olkaria III Geothermal Complex in Kenya by 24 MW (Press Release)

Fourth plant at complex to come on line in second half of 2016 and will bring its capacity to 134 MW


Ormat Technologies, Inc. announced today its subsidiary has signed an amended and restated Power Purchase Agreement (PPA) with Kenya Power and Lighting Company Limited (KPLC), paving the way for the expansion of the Olkaria complex.

Under the terms of the PPA, Ormat expects to increase the generating capacity of the complex by 24 MW, bringing the complex’s total capacity to 134 MW. The fourth plant is expected to come on line in the second half of 2016 and to sell electricity under a 20 years PPA with KPLC.

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