THE ITALIAN COMPANY SIGNS CONTRACTS WITH KIPAş HOLDING TO BUILD TWO 25 MW GEOTHERMAL PLANTS IN TURKEY
OLGIATE OLONA, VARESE, ITALY, April 23, 2015 /EINPresswire.com/ -- Olgiate Olona (VA), 23 April 2015 - EXERGY, the developer and manufacturer of Organic Rankine Cycle (ORC) turbines with the pioneering Radial Outflow Turbine technology, are thrilled to announce the sale of two 25 MW geothermal plants to Kipaş Holding - a Turkish owner and operator of geothermal power plants. Kipaş, founded in 1984, are one of Turkey's most enterprising companies and were at the forefront of investing in the now highly successful geothermal market in Turkey. Already the owner of four geothermal plants, Kipas continue to expand their profitable venture with this partnership.
Kipaş Holding’s choice of EXERGY as supplier reflects the trust it places in EXERGY to perform in this competitive market. This contract also confirms EXERGY’s position as ORC leader in the Turkish market with a total installed and in-construction portfolio of more than 200 MW.
EXERGY will provide Kipaş with equipment from their state-of-the-art factory in Turkey. This will qualify Kipaş for a higher feed-in-tariff than would be possible with foreign sourced equipment. The benefits of this unique advantage, combined with EXERGY's proven higher efficiency turbine, and skill in geothermal design have enabled Kipaş to make the commitment to EXERGY.
Sales and Marketing Director, Anthony Hinde commented, "We are very proud to have such a prestigious and experienced client, partner with EXERGY. The investment in a 100% EXERGY owned factory in Turkey leveraging and enhancing local skills has been a pioneering effort by EXERGY and this important order recognizes our ongoing commitment to the country."
The first unit will be delivered at the start of 2016 and will make use of a 2 pressure level cycle, where higher efficiency will be achieved by using EXERGY’s Radial Outflow Turbine.
EXERGY is the developer and manufacturer of Organic Rankine Cycle (ORC) turbines with the pioneering Radial Outflow Turbine technology. EXERGY’s patented technologies allow for greater energy production via the exploitation of previously unusable heat sources from geothermal, waste heat from industry, biomass and concentrated solar power. EXERGY are part of the Maccaferri Industrial Group and sitting within the SECI Energia holding. From the headquarters in the north of Italy (Varese), EXERGY export and implement its technology worldwide with a particular focus on high growth potential markets such as Turkey, South-east Asia, North and South America. Website: http://exergy-orc.com/
Sara Milanesi
Exergy
+39 0331 1817620
email us here
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Source: EIN Press Wire - All
EXERGY, THE DEVELOPER AND MANUFACTURER OF ORGANIC RANKINE CYCLE SYSTEMS CONTINUES EXPANSION IN TURKEY