Turboden awarded 16.5 MW geothermal power project in Croatia
Turboden has been awarded a contract for the construction of a 16.5 MW binary geothermal power plant from Turkish developer MB Holding .
In a release today, Turboden has announced it has been awarded the Velika Ciglena geothermal project from Turkish developer MB Holding already in September this year.
Turkish firm MB Holding will build Croatia’s first geothermal power plant, a 16.5 MW ORC solution based on a single axial multi-stage ORC turbine designed by Turboden, a group company of Mitsubishi Heavy Industries (MHI), leader in Organic Rankine Cycle (ORC) turbogenerators production for distributed power generation from renewable sources and waste heat.
After winning a bid in January 2015, MB Holding holds the permit to construct the country’s first geothermal plant. The company was founded in 1968 in the southeast of Turkey, and operates in many fields including energy, building construction, agriculture and textiles industries. One of the major goals of the company is to produce clean electricity from geothermal energy, which has been demonstrated by MB Holding with the first private geothermal energy plant in operation in Turkey since 2006. Currently MB Holding’s portfolio consists of 3 other geothermal power plants.
“Croatia’s 35 percent of electricity will be provided by renewable sources after 2020” – said Muharrem Balat, chairman of MB Holding -. “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”.
The plant willbe completed and fully functional within the end of 2016, generating electric power from a medium enthalpy geothermal source. Turboden will be responsible for the Engineering, Procurement and Construction of the equipment.
Thanks to Turboden’s 35 years of experience in ORC turbogenerator design, Turboden is providing the best-optimized configuration for the specific geothermal resource in order to maximize the return of the project. The Turboden geothermal module running on proprietary design axial multi-stage turbine grants outstanding efficiency and availability, allowing the highest benefits for the customer.
“Together with Mitsubishi, we are now focused in offering competitive and winning solutions optimized for larger scale geothermal projects. We are proud that MB Holding selected us to develop together a fully optimized solution for their first project in Croatia. We are confident that, also in this market, we will achieve our goals and further projects will be awarded” – said Paolo Bertuzzi, CEO of Turboden.
Turboden’s geothermal fleet in operation and under construction currently accounts for 13 plants (85 MW), located in Turkey, Europe, The Philippines and Japan.
Further details on the project’s drilling campaign from May 2015, can be found here.