GGC Energy, a subsidiary of Finnish Greenvironment, has signed a EUR6.5 million (US$9 million) supply agreement for the delivery of a 4 MW microturbine plant to the Black Sea port of Sochi in southern Russia.
GCC will deliver the whole energy solution to R7 Group, a Russian building company that owns hotels and a shopping mall in Sochi.
The project is a trigeneration combination of power, heat and cooling.
The contractor for the power house is Czech engineering company ENKOM , while ABB's Czech subsidiary will deliver the projects' complete automation.
Assembly and commissioning will be carried out by the Russian Capstone-distribution partner BPC Group, as well as regional companies.
Greenvironment is a European company that is quite active in the decentralized energy generation market, and plans, builds and operates CHP plants using microturbine technology.
The first turbine is due to be installed and operational by the fourth quarter of 2011, with a further three turbines scheduled to start in the summer of 2012.
The project will be funded by banks and investors in the Czech Republic and Russia.
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