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

Terna Energy clearance first part Vrohonera pumped storage hydropower project

Terna Energy gets clearance for first part of Vrohonera pumped storage hydropower project

18 February 2026 - A pair of neighboring projects for twin pumped storage hydropower systems are under development in northern Greece

slovenia us office gen i houston

Slovenia’s GEN-I enters US energy market

18 February 2026 - GEN-I Trading North America LLC is headquartered in Houston, the city considered one of the world's key energy hubs

croatia bih gornji horizonti espoo convention

Croatia triggers Espoo Convention procedure against BiH over Gornji Horizonti project

18 February 2026 - Gornji Horizonty project is being implemented by Elektroprivreda Republike Srpske, with construction of the HPP HPP Dabar currently underway

wright chris iea us green transition

War on green transition: US threatens to pull out of IEA

18 February 2026 - US Energy Secretary Chris Wright has urged the International Energy Agency (IEA) to focus on energy security, instead of promoting renewables