Decision makers get acquainted with Pluto initiative
The European Bank for Reconstruction and Development said it presented its innovative financing scheme in support of geothermal energy projects at a three-day IGC Turkey conference. The Pluto initiative, worth USD 125 million (EUR 110 million), provides finance and advice to private developers at exploratory stages in a move to tap Turkey’s significant potential for geothermal energy […]
Toshiba to supply geothermal plant with flash turbine
Zorlu Energy – Enerji Elektrik Üretim AŞ, independent power producer and member of Zorlu Energy Group – Grubu, will construct its 95 MW power plant Kızıldere 3 using solutions provided by Toshiba Corp. The Turkish company ordered a flash steam turbine system and generator for its geothermal project in Aydın province of West Anatolia, 150 […]
China Development Bank would back geothermal projects
Beijing Explo-Tech Engineering Co. Ltd. (Betec) is interested in exploiting geothermal energy in Vranje and Kuršumlija in southern Serbia, and in building a thermal power plant, the representatives of the company from China said at a meeting with president Tomislav Nikolić. Beta news agency reported the potential investors said the power plant construction should start by […]
Geothermal district-heating pilot project for Bečej
Bečej is one of five municipalities in Serbia which plan to implement a pilot project for using geothermal water for district heating, its website said. Analyses results by the Faculty of Mining and Geology from Belgrade showed Bečej is the only location with cost-effectiveness potential, local officials said at a press conference. The project’s study […]
Turkish MB Holding plans a 10 MW geothermal plant in Croatia
Muharrem Balat, MB Holding Chairman of the Board, told Anadolu Agency his company shall build the first geothermal plant in Croatia. The 10 MW facility project is supposedly worth EUR 30 million and due to become operable in 2017. Balat added geothermal has lately been in Turkish company’s focus, with investment in the home country […]