Ormat in $5.7M supply deal

Ormat Technologies said yesterday that it signed a $5.7 million supply agreement with Italcementi Group for an energy converter.

Reno-based Ormat said the converter will be installed as part of a recovered energy generation facility at a Martinsburg, W.Va., cement plant.

"The power plant will generate fuel-free electrical power, substituting fossil-fuel power and avoiding approximately 26,000 tons of CO2 emissions per year," said Ormat chairman and chief technology officer Lucien Bronicki.

The cement plant is owned by Essroc, an Italcementi U.S. subsidiary.

Italcementi is the world's fifth largest cement group, with 62 cement plants in 19 countries.

Ormat said the equipment will be supplied within 14 months.

Construction of the recovered energy power plant will be handled by Italcementi.

When completed, the power plant will convert unused exhaust air from the cement plant's clinker cooler into electric power.

"This will be the first project in the U.S.A. utilizing exclusively clinker cooler exhaust air for power generation," said Bronicki.

Earlier this year, Ormat announced a 20-year power purchase agreement with Nevada Power for the sale of energy produced from its forthcoming Grass Valley Geothermal Power Plant (see Ormat signs 20-year geothermal PPA with Nevada Power Company).

The plant will be built in Lander County in northern Nevada.

Ormat said over 900 megawatts of its geothermal and recovered energy generation power plants have been constructed around the world in 23 countries.

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