GEOTHERMAL

Ormat's $100 million of supply and EPC contracts in New Zealand and Indonesia

Ormat Technologies, Inc. , a geothermal, energy storage, solar PV and recovered energy power company, has signed with Contact Energy of New Zealand an engineering, procurement and construction (EPC) contract for a new maximum continuous performance 59MW geothermal power plant in New Zealand and signed a 6MW supply contract with Sarulla Operations Ltd (SOL) in Indonesia.

 Ormat will provide its air-cooled Ormat Energy Converters for the proposed Tehuka 3 geothermal project

Ormat will provide its air-cooled Ormat Energy Converters for the proposed Tehuka 3 geothermal project

The combined expected revenue of the two contracts is approximately US$100 million. Under the agreement with Contact Energy, Ormat will provide its air-cooled Ormat Energy Converters for the Tehuka...

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