KS Orka contracts Icelandic engineering group Mannvit for Turawell heat and power project
KS Orka Renewables has contracted Icelandic engineering group Mannvit for the complete engineering services for the Turawell geothermal combined heat and power project in Hungary.
Having reported on the recent acquisition of the Turawell geothermal combined heat and power project in Hungary, the buyer KS Orka Renewables Pte Ltd of Singapore (KS ORKA) has now contracted Icelandic engineering group Mannvit for the complete engineering services for the project.
KS Orka has acquired a majority share of the Turawell project from a local developer with the aim of producing electricity in addition to providing thermal energy to facilities in the area. The implementation of the Turawell project will benefit from the combined experience of KS Orka and Mannvit, e.g. in Iceland and Asia.
Mr. Lárus Hólm, Manager of Mannvit’s Budapest office said “We’ve been active in geothermal consulting in Hungary and the Central- and Eastern Europe area for a decade, therefore it is remarkable to see the increase taking place in geothermal projects both in direct usage and power plant projects in the area,” adding “this plant will become the first geothermal CHP plant in Hungary. This project together with the Croatia geothermal project underway is yet another milestone in the geothermal sector in the Pannonian basin, providing considerable contribution for those countries in meeting the EU’s 2020 goals of increasing their usage of emissions free renewable energy.
The Turawell geothermal project is located in the city of Tura, about 50 kilometers from the capital of Hungary, Budapest.