$42 Million for Geothermal Energy in Guatemala
ORMAT Technologies received funding for the development of Phase II of Amatitlán geothermal plant.
Monday, May 25, 2009
ORMAT provided its own funds for the development, initial project construction and well drilling. The power plant currently generates approximately 17MW ,and it is expected to reach its design capacity by the end of the second quarter of 2009, after the connection of a recently drilled well.
Ormat Technologies announced today that one of its subsidiaries has entered into an agreement to acquire the Platanares geothermal project in Honduras.
Amatitlan geothermal plant, a 20-megawatt facility, was damaged by the ash cloud of Pacaya Volcano and was shut down.
Ormat Technologies signed a contract with the BCIE to provide and operate a geothermal energy plant.
The state run power company has begun development of a management plan and the drilling of wells in the Pailas II project, the first of three plants to be developed in the northern part of the country.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar