Gulf Oil and Gas accountACCOUNT

GE Renewable Energy Books $100+MM Deal for Hydro Pumped Storage Project in Israel

Source: www.gulfoilandgas.com 8/8/2017, Location: Middle East

Share |
GE Renewable Energy has booked a turnkey contract with Star Pumped Storage Ltd for the 344 MW Kokhav Hayarden hydro pumped storage station, the second to be installed in Israel.

GE Renewable Energy is responsible for the design, manufacture, supply and installation of all electro-mechanical and hydro-mechanical equipment as well as complete balance of plant for the two 172 MW pumped-storage units. The project will be executed by a consortium led by Chinese EPC SinoHydro.

GE Renewable Energy also signed a 20-year Operation & Maintenance agreement, covering day-to-day operation and maintenance of the power plant.

Yves Rannou, President & CEO of GE's Hydro Solutions said, "Hydro pumped storage enables the integration of new renewable and intermittent energies to the grid. In Israel, where solar energy is booming, hydro pumped storage plants are critical to securing the stability of the grid. We are committed to providing world class technology and supporting our customer in operating the plant at its optimal level through its first 20 years of operation."

The project development is planned to last 52 months, with commissioning expected in 2021.

Once commissioned, the Kokhav Hayarden hydro pumped storage will contribute to the stabilization of Israel’s electricity grid thanks to its scale of production and its flexibility, along with the neighboring Gilboa plant, for which GE Renewable Energy is currently providing a similar turnkey package.

Renewable Energy News in Israel >>

Iraq >>  5/14/2018 - KBR, Inc. has been awarded a contract by Basra Oil Company (BOC) for the development of the Majnoon Oil Field in Basra, Iraq. Under the terms of the c...
United Arab Emirates >>  5/14/2018 - The Abu Dhabi National Oil Company (ADNOC) has signed a project development agreement with Cepsa of Spain for a new, world-scale Linear Alkylbenzene (...

United Arab Emirates >>  5/13/2018 - The Abu Dhabi National Oil Company (ADNOC) unveiled plans to invest AED 165 billion (US $45 billion) alongside partners, over the next five years, to ...
Saudi Arabia >>  5/5/2018 - Saudi Aramco has further expanded its In-Kingdom Total Value Add (IKTVA) program and strengthened its relationship with local industry players by awar...

Saudi Arabia >>  4/30/2018 - KBR, Inc. has been awarded a contract by Saudi Arabian Oil Company (Saudi Aramco) and SABIC as the second Project Management Contractor (PMC) to provi...
Saudi Arabia >>  4/30/2018 - Rowan Companies plc expects that four of its idle jack-ups will be leased to ARO Drilling to fulfill four three-year contracts that ARO Drilling has b...

Related Categories: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 

Related Articles: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 


Israel Oil & Gas 1 >>  2 | 3 |

More News

 

Oil & Gas Companies in Israel >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.