Ormat signs PPA for new geothermal power plant in Guadeloupe
The Bouillante geothermal power plant in Guadeloupe (source: Ormat)
Carlo Cariaga
4 Mar 2024
Ormat Technologies has signed a PPA for a 10-MW geothermal power plant that expands on the Bouillante geothermal site in Guadeloupe.
Ormat Technologies Inc. (Ormat) has signed a 30-year Power Purchase Agreement (PPA) with Electricité de France (EDF) for the development of a new 10-MW geothermal power plant on the Island of Guadeloupe. The power plant, of which 63.75% in equity interest will be held by Ormat, is expected to be operational by the end of 2025.
The only other geothermal power facility in the Island of Guadeloupe is the 15-MW Bouillante geothermal power plant. Ormat acquired a majority stake in Bouillante back in 2016 from Geothermie Bouillante SA .
The new power plant will be a sea water-cooled binary system using Ormat Energy Converters (OEC) technology. This allows for power generation from a wide range of enthalpy values. The system will be position approximately 100 meters above sea level and will incorporate an intermediate cooling loop to optimize energy efficiency.
“This landmark agreement is the second agreement with EDF, reflecting the strength and value creation of our existing relationship. With the addition of the new Bouillante power plant in Guadeloupe and the recent signing of the new 10-MW power plant to be built in Dominica, our total geothermal capacity in the Caribbean region will be 35 MW by the end of 2025,” said Doron Blachar, CEO of Ormat.
“Further, this long-term agreement to expand generation capacity and supply clean, renewable, and reliable power to the island demonstrates our steadfast commitment to sustainable low carbon energy solutions. Not only are we transforming the energy landscape, but we’re also enhancing the quality of life for residents in the geographies in which we operate.”
In 2023, an initiative was launched under the ETC Interreg project for “Energy Transition in the Caribbean” to couple different geophysical survey techniques for the mapping of the subsurface in Bouillante in a variety of environments – terrestrial, marine, or urban.
Source: Ormat Technologies
