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

slovenia subsidies prosumers solar batteries borzen

New EUR 30 million in subsidies for Slovenian prosumers

03 March 2026 - The funds are intended for legal entities, and the subsidy scheme will be implemented by electricity market operator Borzen

eu entsog report biomethane renewable gas injections

ENTSOG: Renewable gas injections in EU grids increase 12%

03 March 2026 - The European Network of Transmission System Operators for Gas has published its report on annual renewable gas injections into gas networks

Geothermal district heating EUR 200 million Bucharest Green Tech International

Geothermal district heating investment worth EUR 200 million starts in Bucharest

03 March 2026 - Romania-based Green Tech International declared the start of implementation of a geothermal district heating project in the northern part of Bucharest

solar output snow winter

Record solar output in Romania pushes power prices into negative territory

02 March 2026 - On Friday at 11:39 a.m., commercial solar output, excluding prosumers, reached 2,048 MW, while demand stood at slightly over 6,000 MW