Ormat Technologies has announced they are expanding their Oklaria geothermal energy complex located in Kenya. The company has signed an amended and restated Power Purchase Agreement (PPA) with Kenya Power and Lighting Company Limited (KPLC).
Under the terms of the agreement, Ormat expects to increase the generating capacity of the complex by 24 MW, bringing the complex’s total capacity to 134 MW. The fourth plant is expected to come on line in the second half of 2016 and to sell electricity under a 20 year PPA with KPLC.
“Ormat’s Olkaria geothermal complex provides clean, reliable and firm power to over 200,000 Kenyan households, increasing the complex by an additional 24 MW will further benefit the Kenyan people,” said Ormat CEO Isaac Angel. “We see Kenya, with its progressive renewable energy policy, as an important market for us and where we will continue to explore additional projects. The synergies that derive from adding units to the existing complex allow smaller plants to be a cost effective and provide the additional power that the country needs in record speeds.”