GEOTHERMAL

Ormat signs 25-year PPA with Dominica Electricity Services

Ormat Technologies, Inc. announced at the United Nations Climate Change Conference (COP28) the signing of a 25-year power purchase agreement (PPA) with Dominica Electricity Services (DOMLEC) for the development of a state-of-the-art 10MW binary geothermal power plant in the Caribbean country of Dominica.

 Ormat Technologies has signed a 25-year power purchase agreement with Dominica Electricity Services for the development of a binary geothermal power plant in the Caribbean country

Ormat Technologies has signed a 25-year power purchase agreement with Dominica Electricity Services for the development of a binary geothermal power plant in the Caribbean country

This agreement follows the Government of the Commonwealth of Dominica's successful development of the geothermal reservoir in the Roseau Valley. At the end of the agreement term, ownership of the power...

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