Fuji Electric Wins Contract for Iceland 45MW Geothermal Project

(Bloomberg) — Fuji Electric Co. won a contract to supply
equipment for a 45-megawatt geothermal power station in
northeastern Iceland.

The contract was awarded by Landsvirkjun, or the National
Power Company of Iceland, to a consortium of Fuji Electric and
Balcke-Durr GmbH of Germany, Fuji Electric said in a statement

Fuji Electric will design, manufacture and supply a steam
turbine and generator for the station, to be set up about 50
kilometers (30 miles) from Akureyri, a town in the north of the
country, according to the statement. The plant will start
running in October 2017.

The contract for the project is worth $42 million,
according to the website of Landsvirkjun.

Fuji Electric has delivered 71 geothermal steam turbine
power generation units with a combined capacity of about 2,800
megawatts across the world, according to the company.

To contact the reporter on this story:
Chisaki Watanabe in Tokyo at

To contact the editors responsible for this story:
Reed Landberg at
Jason Rogers, Andrew Hobbs

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