Article - 05/07/2016

Turawell Geothermal Project Underway

The foundation stone of the first geothermal power plant in Hungary was laid in a ceremony on June 29th in Tura, Pest County. KS Orka Renewables Pte Ltd of Singapore (KS ORKA) plans to build a geothermal power plant that could provide electricity in addition to providing heat for greenhouse heating and nearby industries in an environmentally friendly way. Mannvit has been contracted for the complete engineering services for the Turawell geothermal combined heat and power (CHP) project.

KS Orka acquired a 51% stake of the Turawell project from a local developer. According to reports from Budapest Business Journal and MTI-Econews; Agribusiness Turawell plans to build a HUF 5 billion 100,000 m2 greenhouse heated with geothermal energy near the plant site, which will produce over 6,000 tons of tomatoes a year. The greenhouse project could start by the end of the year.

Mr. Lárus Hólm, Manager of Mannvit’s Budapest office said “This geothermal plant is a big step towards increasing the use of this emissions free renewable energy in Hungary and the Central- and Eastern Europe area both in direct usage and power production."