Thursday, May 19, 2016

New Zealand: Ormat to Build 20 MW Te Ahi O Maui Geothermal Project

Ormat Technologies Secures $36 Million Supply & EPC Contracts for a Geothermal Power Plant in New Zealand (News Release)

Ormat Technologies, Inc. today announced that one of its subsidiaries has signed a $36 million Supply, Engineering, Procurement and Construction, (EPC) contracts, with Eastland Group for the 20 MW Te Ahi O Maui geothermal project located near Kawerau, New Zealand. The construction of the project is expected to be completed in 2018.

Under the Supply & EPC contracts, Ormat will provide its air-cooled Ormat Energy Converter for the Te Ahi O Maui geothermal project. This project is a partnership between Eastland Generation and the Kawerau A8D Ahu Whenua Trust, who are the owners of the land on which the project will be constructed. Eastland Generation owns the geothermal power plant GDL, which was built by Ormat in 2008.

As we reported previously drilling has already begun.

Ormat will be exhibiting at the 40th GRC Annual Meeting & GEA Geothermal Energy Expo, October 23-26, Sacramento, CA