News

Turkish investor wins geothermal power plant deal

Published

November 3, 2015

Comments

comments icon

0

Share

Published:

November 3, 2015

Comments:

comments icon

0

Share

MB Holding has been awarded a contract to build a geothermal power plant with a capacity of 16.5 MW in Croatia, according to SeeNews. Turboden, Italian-based manufacturer of turbogenerators, said that in September it signed a deal with the company from Turkey which holds a permit from January to build Croatia’s first power generating facility of the kind. The facility will feature a single-axial multi-stage organic Rankine cycle (ORC) turbine designed by Turboden, the group company of Mitsubishi Heavy Industries (MHI), the statement said.

„We have selected Turboden among the possible suppliers because they will provide 10% higher revenues by means of optimized solution for our project, together with the reliability of the brand,” MB Holding chairman Muharrem Balat said.

The Velika Ciglena plant will be completed and fully functional by the end of 2016, the press release said. In May, the Municipality of Bjelovar in north Croatia where the geothermal field is located said that the first phase of the power station project is worth HRK 30 million (EUR 3.94 million). Turboden has more than 300 plants in 33 countries.

Starwood Orman Ürünleri Sanayi AŞ ordered a cogeneration plant in September from turbogenerator developer and producer Turboden, based in Brescia, Italy.

Related Articles

envision green hydrogen ammonia

China-based Envision opens world’s largest green hydrogen, ammonia plant

14 July 2025 - The plant can deliver 320,000 tons of green ammonia per year, with annual output projected to rise to 1.5 million tons by 2028.

hydrogen lab gas research

Balkan hydrogen scientists: Research funding should focus on real-world applications

14 July 2025 - A team of scientists from Slovenia, Serbia, and Bosnia and Herzegovina is working on a hydrogen project based on seawater electrolysis.

Serbia EPS starts trial operation of its Petka PV plant on coal tailings dump

Serbia’s EPS starts trial operation of its Petka PV plant on coal tailings dump

14 July 2025 - EPS connected its first larger solar park, called Petka, to the grid. The new facility is in its coal complex Kostolac.

GGF grows direct lending energy transition energy security

GGF grows direct lending, committed to energy transition, energy security

11 July 2025 - In its Impact Report 2024, Green for Growth Fund outlined powering the green transition across Southeast Europe, the Caucasus and beyond