Ram Power announces the Phase I expansion of its San Jacinto-Tizate expansion project has been successfully connected to the national grid with operations to start soon.
Reported by geothermal developer Ram Power Corp., the Phase I expansion at the company’s San Jacinto-Tizate project in Nicaragua “has been successfully synchronized to the Nicaraguan national integrated electrical grid. The Company expects commercial operation of the Phase I expansion to begin in the near future.
The Phase I expansion adds 36 MW of capacity to the existing 10 MW back-pressure units currently in operation at San Jacinto. The electricity produced by the project is sold through a long-term power purchase agreement in place with Nicaraguan power distributors Disnorte-Dissur, subsidiaries of the Spanish utility Gas Natural Fenosa.
“Synchronization for the Phase I expansion at San Jacinto-Tizate is the result of a dedicated team of professionals who overcame all the challenges associated with building a world-class geothermal power project,” stated Shuman Moore, CEO of Ram Power. “I am extremely proud of our employees who have continued to demonstrate their commitment to this project and to the development of geothermal power in the region.”
“Congratulations to the team at Ram Power for their work on the Phase I expansion,” said Antony Mitchell, Executive Chairman of Ram Power. “I would like to take this opportunity to thank our grid operator ENATREL and our customer Gas Natural Fenosa for their support in reaching synchronization. We look forward to a long and mutually beneficial relationship in helping to serve the power needs of Nicaragua. In addition, I would like to recognize the Company’s management for leading our Nicaraguan and U.S. teams to accomplish this important goal, and look forward to their achieving commercial operation in the near future.”
Source: Company release via Marketwatch