Developer secures large acreage for geothermal development at Salton Sea, California
A new developer is entering the geothermal market in the U.S. with the acquisition of large acreage in the Salton Sea area in California. Hy-Power Industries is planning with combined power and lithium production of up to four geothermal plants.
Already completed in April 2018, a new developer has purchased 1,317 acres in the Salton Sea area in California with plans for the development of up to four geothermal power plants, according to a press release by the company, October 28, 2018.
“On behalf of Hy-Power Industries, we are pleased to announce our acquisition of 1,317 acres in an area of the Salton Sea for the production [of geothermal power]. We will develop four plants for the production of electricity and minerals within the property of hydrogen and lithium which, we believe, is critical to advance energy production for a greener environment and a step forward in the battle against climate warming,” said Alan Painter, chief executive officer of Hy-Power Industries.
R. Gerald “Jerry” Bailey, Ph.D., P.E., previously president of Exxon Arabian Gulf and advisor to the company on technical issues, said “The Hy-Power geothermal project at the Salton Sea will utilize latest technologies for a very efficient and environmentally friendly facility. It will enhance the public power grid, while providing local employment and positive economic development in the area.”
“Hy-Power Industries is currently evaluating its options for development of the property.” Painter added. “Discussions are underway with Kenneth Davlin, President of Oscar Larson & Associates, Civil Engineers to engage for project planning, permitting and engineering.”
Founded in 2017, Hy-Power’s object is to be come a leading green energy provider in California and the nation. Its plan for the project when built is to operate four geothermal plants at its Salton Sea site as well as develop other commercially viable assets on the property.
Source: Company release via Imperial Valley Press