Ormat Secures Geothermal Leases in California

Reno, Nevada [RenewableEnergyAccess.com] Ormat Technologies, Inc. has secured geothermal leases in the North Brawley Known Geothermal Resource Area (KGRA), in Imperial County, California. Ormat expects to begin drilling activity to explore the resource upon receipt of the necessary drilling permits, which the company expects will be granted in the first half of 2007. Dita Bronicki, President and Chief Executive Officer, said, “Development of the North Brawley geothermal project is expected to be completed in 50-MW clusters over a three to five years period, with the first 50 MW coming online by the end of 2008.”
Previous articleGE Enters Plan to Sell Hydro Business to PGC
Next articleIdaho Power and Magic Wind Agreement Approved

No posts to display