Ormat Completes Phase Two of 35-MW Kenyan Geothermal Project

Ormat Technologies Inc. announced the completion of phase two construction at the Olkaria III geothermal power plant in Kenya. The power plant has been synchronized to the grid, adding 35 megawatts (MW) of base load capacity to the existing 13 MW plant that has been in continuous operation since 2001 with availability between 97% and 99%.

Ormat Technologies financed the construction of both phases along with the drilling of the wells by investing approximately US $150 million into the project from its own internal sources.

“Ormat is proud to have built up the plant capacity to the original target of 48 MW,” said Lucien Bronicki, chairman and CTO of Ormat. “This accomplishment was made possible by Ormat’s belief in Kenya’s economy combined with the hard work and dedication of our Kenyan employees and colleagues.”

The additional base load geothermal energy generated by Olkaria III will increase the supply to the local transmission, distribution and retail utility, Kenya Power and Lighting Company, and help meet the country’s increasing demand for reliable electricity.

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