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
Tuesday.

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
cwatanabe5@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Jason Rogers, Andrew Hobbs

About BloombergNEF

BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
 
Sign up for our free weekly newsletter →

Want to learn how we help our clients put it all together? Contact us