The ten-MW Pico Vermelho geothermal energy plant in Azores, Portugal (supply: EDA RENOVÁVEIS, S. A)
The contract for building of a brand new 12-MW geothermal energy plant in Pico Vermelho in Azores has been awarded to a consortium with Ormat and a neighborhood accomplice.
The contract for the enlargement of the Pico Vermelho geothermal energy mission in Azores, Portugal has been awarded to a consortium fashioned by Ormat Worldwide Inc. and Portugeuse firm Construção e Manutenção Electromecânica, SA (CME). This shall be for the development of a brand new 12-MW energy plant, successfully doubling the prevailing put in capability at Pico Vermelho.
The tender for this contract was introduced in Could 2023 by renewable power firm EDA Renováveis, SA. The worth of the contract was estimated at EUR 44 million. The contract was signed on 27 August 2024.
“The signing of this contract represents a decisive milestone on the trail in direction of the power transition within the Azores, consolidating the Area’s dedication to a extra sustainable and resilient future. The completion of the brand new Pico Vermelho Geothermal Energy Plant won’t solely double the put in capability in Pico Vermelho, however will even reinforce our island area’s management within the manufacturing of fresh power,” says the official assertion from the contract signing.
“This mission, which additionally represents a technical breakthrough, is a vital step in direction of guaranteeing a greener, safer and extra impartial power future for future generations. It is a second that demonstrates that the Area is on the forefront of the battle towards local weather change.”
The brand new energy plant shall be provided by geothermal fluids from wells PV12, PV13, and PV14, which had already been drilled and confirmed to assist the extra 12 MW of capability. The enlargement will considerably enhance the manufacturing of electrical energy from renewable sources on the island of São Miguel, with important contributions to the Azorean power combine.
Supply: Diario dos Acores
