Geothermal plant gears for November launch (Budapest Business Journal)
(Video 1:16 Minutes)
Hungaryʼs first combined geothermal heat and power plant in Tura, in Pest County northeast of Budapest, is currently at the commissioning phase, with the official start of operation planned for November, according to reports.
According to information released by Singapore-based geothermal developer KS Orka, the combined heat and power plant will have 7 MWth heating and 3 MW power capacity.
The foundation stone of the geothermal plant was laid in Tura last June, according to an earlier report on the website of the Hungarian Investment Promotion Agency (HIPA) dated June 29, 2016. Based on Icelandic technology, the project was given a capital injection by the HIPA and subsequently KS Orka purchased a 51% share from the Hungarian developers.
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