By Greentech Lead America: Fuji Electric, a supplier of
turbine generator equipment to the power generation industry, has invested $10
million in the development of a geothermal plant in Imperial Valley,
California, owned and operated by EnergySource, an independent renewable energy
generation company that develops utility scale geothermal power plants.
EnergySource plans to commence Hudson Ranch II, one of the
largest and highest temperature geothermal resources in North America. Fuji
Electric’s investment will support Energy Source’s advancement of the project.
“Fuji Electric supports accelerating renewable energy
projects in the area of power generation. The company is committed to expanding
and growing its geothermal power plant business as a major emphasis for the
company. With EnergySource’s successful commercial launch of Hudson Ranch I
last month, Fuji Electric saw a great opportunity to invest in development of
the second plant,” said Naoto Yoneyama, managing executive officer and director
of Fuji Electric.
The new plant will generate 49 MW and will employ Fuji
Electric steam turbine generator equipment. The construction of
the plant scheduled to begin in 2013 and commercial operations in 2015.
Earlier, EnergySource has developed Hudson Ranch I plant and
looking forward to bringing its second geothermal plant on-line and continuing
to design and operate geothermal power plants.
“Fuji Electric’s investment in our project will accelerate
our timeline and our larger development plans to bring new capacity to
California and Southwestern utilities in order to meet their state-mandated
renewable energy requirements through the delivery of geothermal power,” said
Dave Watson, president and CEO of EnergySource.