Atlas Copco wins geothermal order in Turkey

2013-7-22

Atlas Copco won a second major order in Turkey to deliver equipment for two renewable energy geothermal power plants. The order value is circa MUSD 23 (MSEK 150).

Çelikler Jeotermal Elektrik Üretim A.Ş., a company active in sectors such as construction, mining and energy,chose Atlas Copco’s Gas and Process division to deliver four geothermal power trains with a total gross capacity of 80 MW.

Two of the power trains, which include expander generators, are for expansion of a power plant project near Pamukören, Turkey, where Atlas Copco is already supplying equipment. The additional two units, also including expander generators, will be installed at a new site near the town of Sultanhisar. The order was booked in the second quarter.

"We have built a strong reputation for delivering highly efficient solutions in the renewable energy sector with a comprehensive product line,” said Stephan Kuhn, President of Atlas Copco’s Compressor Technique Business Area. “Winning this order highlights our strong commitment to customer satisfaction – and to delivering the innovative technology that unlocks geothermal energy’s potential.”

The two plants will generate electricity using the Organic Rankine Cycle, a promising technology in the growing geothermal energy sector that converts fluids into vapor. The generator trains will deliver some 500 GWh of baseline renewable energy per year, enough electricity to power around 61 000 households.

Atlas Copco is an industrial group with world-leading positions in compressors, expanders and air treatment systems, construction and mining equipment, power tools and assembly systems. With innovative products and services, Atlas Copco delivers solutions for sustainable productivity. The company was founded in 1873, is based in Stockholm, Sweden, and has a global reach spanning more than 170 countries. In 2012, Atlas Copco had 39 800 employees and revenues of BSEK 90.5 (BEUR 10.5).

Atlas Copco’s Compressor Technique business area provides industrial compressors, gas and process compressors and expanders, air and gas treatment equipment and air management systems. It has a global service network and offers specialty rental services. Compressor Technique innovates for sustainable productivity in the manufacturing, oil and gas, and process industries. Principal product development and manufacturing units are located in Belgium, Germany, the United States, China and India.