Israeli Ormat, Spanish Sacyr Awarded Contract for Bolivian Geothermal Venture
The 24-month, $18 million project will result in the highest altitude geothermal plant in the world, 4,980 meters above sea level
Lilach Baumer | 10:46 08.04.2019
NYSE-listed energy producer Ormat Technologies Inc. and Madrid-listed construction company Sacyr SA won a tender for the construction of a geothermal plant pilot in Potosi, Bolivia, Sacyr announced Thursday. The 24-month, $18 million project will result in the highest altitude geothermal plant in the world according to Sacyr, 4,980 meters above sea level.
For daily updates, subscribe to our newsletter by clicking here.Sacyr and Ormat will provide engineering services, supply the equipment and materials, and oversee the civil construction and assembly.