News

USTDA strengthens support for geothermal energy

Published

June 24, 2015

Comments

comments icon

0

Share

Published:

June 24, 2015

Comments:

comments icon

0

Share

United States Trade and Development Agency (USTDA) awarded a grant to Turcas BM Kuyucak Jeotermal Elektrik Üretim AŞ (TBK), a Turkish joint venture owned primarily by BM Holding and Turcas Energy Holding. The grant funds a feasibility study that will evaluate the technical and  financial specifications for a geothermal energy project with a capacity of 13.2 MW, the agency said in a press release.

„We are very proud to have supported, either directly or indirectly, a substantial amount of Turkey’s more than 300 MW of operational geothermal energy,” said Heather Lanigan, USTDA’s country manager. „This project in Kuyucak will expand on that success, and will also build upon USTDA’s continued efforts to support renewable energy deployment in Turkey.”

This grant is USTDA’s third feasibility study supporting geothermal development in Turkey, and follows the implementation of two USTDA-supported projects by Gurmat Energy Investment and Trade Co. and Zorlu Energy Group. To facilitate further collaboration, in 2013, USTDA hosted Turkish delegates on a weeklong reverse trade mission that familiarized participants with U. S. geothermal energy expertise, products and services. Building upon the success of the RTM, in 2014, USTDA organized a workshop in Ankara that brought together experts and companies from both Turkey and the United States to discuss new technologies, best practices and upcoming project opportunities, the agency said.

Related Articles

Serbia coal fuel oil district heating 2040

Serbia plans to stop using coal, fuel oil in district heating by 2040

31 October 2025 - Serbia is also preparing strategic documents that should help decarbonize the district heating sector

north macedonia forum skopje declaration sustainable energy undep sanja bozinovska grigorian liguti

Skopje Declaration signed as International Forum on Energy for Sustainable Development wraps up

31 October 2025 - The three-day International Forum on Energy for Sustainable Development (IFESD-14) brought together over 500 participants from 70 countries

Desulphurization project at Kakanj thermal power plant to cut emissions by almost 100%

Desulfurization project at Kakanj thermal power plant to cut emissions by almost 100%

31 October 2025 - Bosnia and Herzegovina’s state power utility, Elektroprivreda BiH, is carrying out a desulfurization project at units 6 and 7 of the Kakanj thermal power plant.

serbia seepex eps intraday idc market contract

EPS to help SEEPEX strengthen Serbia’s intraday power market

31 October 2025 - SEEPEX believes this collaboration will position its IDC market as a trusted and dynamic platform for trading across the region and beyond