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

Siemens Energy to replace transformers at Romania's largest hydropower plant Iron Gate 1

Siemens Energy to replace transformers at Romania’s largest hydropower plant

01 April 2026 - Hidroelectrica picked Siemens Energy to supply seven transformers within the modernization of the Iron Gate 1 hydropower plant on the Danube

Brent oil on track for highest ever monthly jump in March

Brent oil on track for highest-ever monthly jump in March

31 March 2026 - The Middle East war shook the oil market, with the benchmark Brent crude oil price spiking more than 55% since the end of February

north macedonia energy renovation public buildings afd giz bozinovska

North Macedonia to invest EUR 50 million in energy renovation of public buildings

31 March 2026 - The Ministry of Energy, Mining and Mineral Resources started preparations for investments in the energy renovation of public buildings

How to choose a BESS integrator for utility-scale solar projects

31 March 2026 - Solar developers need to consider four main factors when selecting the integrator for a battery energy storage system (BESS)