Latest Geothermal power in Kenya Stories

2011-04-04 07:00:00

RENO, Nevada, April 4, 2011 /PRNewswire/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its subsidiary, OrPower 4, Inc., signed a 20-year power purchase agreement (PPA) amendment with Kenya Power and Lighting Company Limited (KPLC) to purchase an additional 36 megawatts (MW) of clean energy output from a new power plant at the Olkaria complex. The new plant will be constructed adjacent to the existing 48MW Olkaria III geothermal power plant near Lake Naivasha, Kenya. The new...

2010-02-17 04:41:00

RENO, Nev., Feb. 17 /PRNewswire-FirstCall/ -- Ormat Technologies (NYSE: ORA), announced today that its project subsidiary has signed a letter of intent with the off-taker, Kenya Power & Lighting Co. Ltd ("KPLC"), for further expansion of its Olkaria III power plant by up to 52 MW (from 48 MW to up to 100MW) within the framework of the existing power purchase agreement ("PPA"). The expansion is to be developed in two phases. Phase I comprising of 36 MW within 3.5 years from finalizing...

2009-03-06 11:26:00

RENO, Nev., March 6 /PRNewswire-FirstCall/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that its wholly-owned subsidiary, OrPower 4, Inc., concluded the closing under its previously announced loan documents for up to $105 million project financing to refinance Ormat's investment in the Olkaria III geothermal project. The 48 MW power plant is located in Naivasha, Kenya. (Photo: http://www.newscom.com/cgi-bin/prnh/20090306/LA80086) (Logo:...

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