By OGJ editors
HOUSTON, June 21 -- Ormat Technologies Inc., Reno, Nev., will construct a 45 Mw geothermal power plant in the Tikitere geothermal area near Rotorua, NZ, 120 miles southeast of Auckland, subject to regulatory approvals.
The field from which the energy will be drawn is owned by the Tiki Tere Trust, Paehinahina Mourea and Tiki Tere A (Aggregated), and the Manupirua Ahu Whenua Trust. The wells will be drilled on land owned by the Paehinahina Mourea Trust, and the plant will utilize steam and brine and reinject all fluids.
Ormat will explore, develop, supply, construct, and own the plant and operate it for 14 years following commercial operation and then transfer 100% ownership interest to Tikitere Geothermal Power Ltd., established as a joint venture vehicle for the various Maori trusts.
The project will utilize Ormat’s generating units, similar to those deployed in 12 geothermal projects in New Zealand totaling 260 Mw.
Photo from SABIC Limburg BV.
US Department of the Interior.
