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

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator

croatia subsidies bih municipalities climate change

Croatia to grant EUR 5 million for climate action projects in BiH

20 December 2024 - The Ministry of Environmental Protection and Green Transition has issued a call for awarding funds for climate action projects

north macedonia esm kfw bogdanci bitola solar wind uncev Moritz Remé

North Macedonia’s ESM secures loan, grant for solar projects, wind farm Bogdanci

20 December 2024 - The solar power plants will be installed within coal mining and energy complexes REK Bitola and REK Oslomej