IID & Controlled Thermal Resources lead the charge for renewable energy in the U.S. (News Release)
The PPA consists of a 25-year term to supply IID with 40 megawatts of geothermal energy from the Hell’s Kitchen facility
Controlled Thermal Resources (CTR) and Imperial Irrigation District (IID) are pleased to announce the successful completion of a power purchase agreement (PPA) that indicates a promising new decade for baseload renewable energy in California and the United States.
IID and CTR, through its wholly-owned subsidiary, Hell’s Kitchen PowerCo 1, LLC, entered into the PPA on January 7, 2020, regarding the sale of energy from the Hell’s Kitchen geothermal facility.
The agreement consists of a 25-year term to supply IID with 40 megawatts of geothermal energy from the Hell’s Kitchen facility, located at the foot of the Salton Sea in the region’s internationally recognized “Salton Sea Known Geothermal Resource Area.”
The geothermal power facility is expected to be operational in 2023 and will coincide with the development of CTR’s integrated direct lithium extraction and conversion facility (Hell’s Kitchen LithiumCo).
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