Geothermal power plant may begin operations in 2014

Ram Power announced that operations of a 10 MW binary unit at its San Jacinto-Tizate geothermal project in Nicaragua could begin in the first quarter of 2014.

According to Business News Americas, the company said it signed a mandate letter with IFC to lead and arrange a syndicate of lenders to finance up to $42 million of the binary unit. Construction is scheduled to begin in late 2012.

In January, Ram started commercial operations of the 36 MW first phase of San Jacinto-Tizate's expansion that brought capacity to 46 MW. Once the 36 MW second phase is complete by year-end, 10 MW of backpressure units will be decommissioned, leaving 72 MW.

Read more geothermal energy news

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

Whitepapers

How Mobility Can Drive Shorter Estimated Time for Restorations (ETRs)

Utilities must be prepared to deal with storms, floods, and other catastrophic events that are to...

Rise of the Machines- how to make a successful smart meter roll out

Installation of smart meters is a growing global trend in the utilities industry. By 2020, it is ...

Improve accuracy & reduce your lease operating expense

In this whitepaper, we will address both the technical approach to achieving the highest possible...

Substation Communications Design Legacy to IEC 61850 Best Practices

Two trends, the migration of the electrical grid to the “Smart Grid” and the adoption of Ethernet...