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

serbia world bank loan gas pipelines energy efficiency subsidies dubravka djedovic gil pontara

Serbia negotiating loan to finance gas pipelines, energy efficiency

27 March 2026 - The Government of Serbia is discussing a new program to finance the construction of gas pipelines and subsidize energy efficiency measures

solar power plant Vracenovici 100 MW EIA

Montenegro approves environmental study for 100 MW solar plant Vraćenovići

27 March 2026 - The Environmental Protection Agency of Montenegro has also cleared the EIA study for the 90 MW Tupan solar power plant

croatia electric buses chargers subsidies zagreb tomasevic

Croatia contracts installation of 229 electric bus chargers

27 March 2026 - The City of Zagreb has officially begun the construction of the largest electric bus charging station in Croatia

Andritz ten turbines modernization hydropower cascade Vlasina in Serbia

Andritz to supply ten turbines for modernization of hydropower cascade in Serbia

27 March 2026 - Serbian contractor Energotehnika Južna Bačka selected Andritz to supply ten new turbines for the modernization of EPS's Vlasina hydropower cascade