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Geothermal

Friday
19 Jul 2024

Exergy, Rentco Partner for Geothermal Power Project in Kenya

19 Jul 2024  by thinkgeoenergy   

Olkaria geothermal plant, Naivasha, Kenya (source: Lydur Skulason, creative commons)Exer
Exergy International srl (Exergy), a global provider of new generation Organic Rankine Cycle (ORC) power plants, has announced the signing of a cooperation agreement with RentCo Africa Limited (RentCo), a firm providing energy leasing solutions in Kenya.

The agreement will see Exergy supplying eight (8) ORC power plants for a wellhead geothermal power generation project by RentCo in the Olkaria field. The units from Exergy will have a total generation capacity of about 30 MWe. Exergy will also be providing their comprehensive technical expertise in geothermal binary power plant design and maintenance, combined with highly efficient Radial Outflow Turbine (ROT) technology, to expand RentCo’s geothermal business.

The project planned by RentCo aims to augment the power generation capacity of the Olkaria geothermal field by a total of 67 MWe using a combination of flash and ORC power plant technology.

“We are delighted to begin this collaboration with RentCo, which we believe will yield positive outcomes for the development of renewable energy in Kenya and other African regions. Africa holds substantial renewable energy potential, and we are deeply committed to helping harness this potential with our technology and expertise. Our aim is to contribute to a smooth clean energy transition in Africa, improving electricity access for an increasing number of people across the continent,” said Luca Pozzoni, General Manager of Exergy.

“I am pleased to have reached this agreement with RentCo. It is the culmination of our ongoing efforts and the valuable relationships that Exergy has cultivated in the East African market over several years. I am confident that numerous promising projects can be realized in this region through collaboration among financial investors, institutions, and technology providers,” added Erdogan Arpaci, General Manager of Exergy Turkey and responsible for Africa market development.

The announcement comes at the heels of the just-concluded Kenya Geothermal Congress that took place in Nairobi. Kenya currently holds the 6th spot in the ranking of global geothermal power capacity and will be joining the 1-GW club soon.

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