The deal was signed with Turkey-based GCL ND Enerji, a joint venture formed in 2015 between Chinese energy company GCL and Dutch investment firm ND Group.
Under the terms of the contract, Exergy will build a 12.6 MW geothermal power plant in Manisa province in Turkey’s western Aegean region.
The plant will use a medium enthalpy steam resource at approximately 150°C to generate power from Exergy’s Organic Rankine Cycle (ORC) system equipped with its Radial Outflow Turbine technology and utilizing an air cooled condensing system.
Some of the plant’s components are planned to be manufactured domestically at Exergy’s Izmir workshop, while the generators will be supplied through an exclusive partnership with Italian power equipment manufacturer NIDEC ASI.
Made-in-Turkey production will allow GCL to benefit from an additional total incentive of $.02/kWh on top of the basic feed-in-tariff (FiT) rate of $0.105/kWh, an increase of 19 per cent in revenue.
Exergy said its expansion is focused on high growth potential markets such as Turkey, Southeast Asia and North and South America.