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Renewable Energy Update and Projects |
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Projects
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Geothermal Projects
Project Title: Carson Lake Geothermal Plant location: Fallon, NV startup date: 2010 size: 30 MW project type: Geothermal, Binary descriptions: March 2008: Nevada Power Co., a wholly owned subsidiary of Sierra Pacific Resources, announced that it has entered into a joint ownership agreement with Ormat Nevada, Inc., a wholly owned subsidiary of Ormat Technologies, Inc. for the co-development of the Lake Carson geothermal energy project. Contractors: Ormat Nevada Developer/Owner Nevada Public Utilities Commission Power Purchaser NV Energy, Inc. Co-Developer Nevada Power Co. Co-Developer/Owner
Project Title: Blue Mountain Faulkner I LLC Geothermal Plant location: Winnemucca, NV startup date: 2009 size: 49.5 MW project type: Geothermal descriptions: June 2010: The Company intends to increase production from this plant to 45 MW (net) through an optimization program during the remainder of 2010. Funds necessary for this program will be made available from a drilling reserve fund established as part of the US$98.5 million John Hancock financing. May 2010: The plant has been operating continuously since its restart on March 5th. For the period of April 1st to 30th, with cable repairs completed, output averaged approximately 37 MW (net) and plant availability was greater than 98%. Gross revenue generated for the month was approximately US$2.0 million. The plant has achieved record electric power production in early May '10, with peak outputs exceeding 53MW (gross) and with 41MW (net), enough power to supply 40,000 homes, being delivered to the grid. The increased production was enabled by operational adjustments at the plant. Construction work (pump installation, pipeline construction, and power line) is underway to connect production well 44-14 which is expected to raise potential plant output by a further 5-7 MW. March 11, 2010: Plant has been producing at 34.5 MW. March 4, 2010: Interim power production was increased from 13 MW to 26 MW with permanent cables installed to Turbine Generator Units One and Three. Cable repairs are expected to be fully completed to Unit Two and other electrical equipment on or before March 2010 allowing the plant to be fully operational. Newly drilled and tested, deep injection wells, 55-15 and 58-11, will allow production levels to be increased shortly after the plant is returned to full service. New production well 91-15 is undergoing flow tests. Additional development drilling is continuing to test a target area southwest of the current production field. November 2009: Nevada Geothermal Power Inc. received a US$57.9 million Federal Grant to be used to pay down TCW debt, to perform new drilling at Blue Mountain, and for general corporate purposes. October 16, 2009: A dedication ceremony will be held on the 22nd of the month. October 13, 2009: The company has mandated John Hancock Life Insurance Co. to be the exclusive debt provider for an up to US$95 million term loan facility for this project. The loan proceeds can be used for funding a debt service reserve account, for drilling and for partial repayment of the 14% TWC note. September 2009: Nevada Geothermal Power Inc. announced that this project has successfully completed testing requirements three months ahead of schedule. Power plant equipment has exceeded guaranteed output levels. August 2009: The company announced that construction is completed. Mechanical, electrical and metering systems are installed for three Energy Convertors and the cooling tower, control building, fire protection, safety systems and site grading are ready for operation. NGP has completed a 210 mile power line interconnection to the Sierra Pacific Power Company power grid, the production and injection well field, local power distribution system, and microwave communication system. June 2009: NGP has completed six production wells capable of producing approximately 42 MW net of power. NGP has recently completed injection Well 61-22 bringing the total injection wells to four (58-15, 58A-15, 57-15 and 61-22). Wells 58-15 and 57-15 have been tested as high volume deep injectors [2000 -- 3000 gallons per minute (gpm)]. Well 58A-15 is a high volume shallow injector (>3000 gpm) and Well 58B-15, currently being drilled, is expected to have similar injection capacity. The total injection capacity is sufficient to re-inject all the production fluids from the production wells. June 2009 Construction Update: Ormat is greater than 90% complete and has started system checks; well pumps are being installed; additional water licenses have been obtained for the cooling water allowing NGP to draw extra ground water to support the cooling system for the expanded geothermal power plant. Water well drilling and water pipeline construction is anticipated to be completed the first week of July; water cooling tower construction is complete; Ormat's transformer testing has been completed and has been shipped to the Blue Mountain site; Wilson Utility has completed the construction of the transmission line; NV Energy will complete the switchyard station by the end of June at the grid interconnection point north of Mill City and have planned system modifications as per the Large Generator Interconnection Agreement to allow connection to the grid; all personnel have been hired for the operation of the 'Faulkner 1' power plant and training has been underway for several months; well field pipeline/gathering system is under construction and is expected to be completed July 2009; microwave communication and local power distribution systems construction are underway. The proposed plant will require a 20-mile long transmission line over relatively flat, undeveloped desert and to a connection point on the utility's (Sierra Pacific) 120kV-transmission line north of Mill City, Nevada. The first unit will provide 35 MW and the second unit will provide 24 MW. On May 1, 2008, Nevada Geothermal Power, Inc. announced that NGP Blue Mountain I LLC (NGP I) has issued a Second Limited Notice to Proceed (LNTP) under the fixed-prices, date-certain engineering, procurement and construction (PC) contract signed with Ormat Nevada Inc. to supply and construct the Phase 1 power plant of NGP's planned geothermal power development at Blue Mountain, Nevada. In July 2008, Nevada Geothermal Power, Inc. reported that the loan for this facility has been increased to US$145 million. On September 4, 2008, Nevada Geothermal Power Inc. and Ormat Technologies Inc. announced that NGP Blue Mountain 1 LLC has issued a Full Notice to Proceed (FNTP) under its fixed-price, date-certain EPC contract with Ormat Nevada Inc. to supply and construct the Phase 1 49.5 MW gross "Faulkner 1" geothermal power plant at Blue Mountain, Nevada. On February 2, 2009, an update on the construction was announced: first major power plant components were delivered; results of drilling program were identified; part of the transmission line completed. Project is proceeding on schedule and within budget. On March 25, 2009, a successful production well drilling was completed. June 1, 2009: Nevada Geothermal Power Inc. announced that this facility is ahead of schedule and Ormat expects to be ready to start power plant commissioning during August 2009. Contractors: Nevada Geothermal Power, Inc. Developer/Owner/Operator Sierra Pacific Power Co. Power Purchaser ThermaSource Inc. Drilling Ormat EPC Contractor Morgan Stanley Commodities Loan Provider Glitnir Capital Corporation Loan Provider Wilson Utility Construction Co. Transmission Line Engineering/Construction John Hancock Funds Financier Nevada Energy Power Purchaser
Project Title: Patuha Geothermal Project location: Patuha, Bandung, West Java, Indonesia startup date: size: 55 MW project type: Geothermal descriptions: PT Geo Dipa Energi (GDE) signed a deal in March 2009 with a state engineering company and state-run bank to construct and finance this geothermal power plant. The area has a potential of 400 MW. Contractors: PT Rekayasa Industri (REKIND) Engineering Bank Negara Indonesia Financing PT Geo Dipa Energi Developer/Owner/Operator
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