The newly-inaugurated OrmaTurk company will bring a lot of geothermal plant equipment know-how to the Turkish geothermal industry, the U.S.-based parent company's Chief Executive said Tuesday.
During the International Geothermal Conference (IGC Turkey 2017), Chief Executive Officer Isaac Angel of parent company, Ormat Technologies, in an exclusive interview spoke about the new Turkish company's structure and its planned contribution to the country's geothermal energy sector.
"We are probably the biggest power plant provider in Turkey over the last 10 years with a 52 percent share of all operations in Turkey. We will also support another 11 power plants during 2017 and 2018," Angel said.
He explained that in Turkey, Ormat Technologies Inc. does not operate power plants but provides technical support and builds power plants for Turkish developers.
"Yesterday OrmaTurk started its operations as a Turkish company 100 percent owned by Ormat Technologies. The employees are Turkish, including the management," he said, and added that because of geothermal potential in the Turkish market, their investment in the country was made with strong confidence.
