Ormat Signs a $36 Million EPC Contract with Cyrq Energy, Inc. for the Soda Lake 3 Geothermal Project in Nevada (News Release)
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Production drilling at the Soda Lake operation at Fallon, Nevada.
Taken July 14, 2009 by Frank W Baumann. GRC Photo Contest. |
Ormat Technologies, Inc. today announced that its subsidiary, Ormat Nevada Inc., concluded and signed a $36 million
engineering, procurement and construction (EPC) contract with a subsidiary of
Cyrq Energy, Inc. Under the EPC contract, Ormat will provide one air-cooled
Ormat® Energy Converter (OEC) at Cyrq’s
Soda Lake geothermal power project in northern Nevada. The project is expected to come on line in the first half of 2018.
The new OEC will increase generation and reduce operating costs by replacing the two currently operating power plants, which were commissioned by Ormat in the late 1980’s and early 1990’s, respectively.
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