More waste heat business for Ormat
Italcementi Cement Plant
Yesterday, Ormat announced a $5.7M deal with Italcementi Group to be installed at a Martinsburg, West Virginia cement plant. While the total size of the plant in MW was not disclosed, we believe it to be in the 3.5MW range. This marks another win in Ormat’s strategy to diversify from geothermal into the waste heat harvest business.
[...] cycle turbines and reservoir management, as well as applying their binary cycle technology to waste heat recovery as well as a concentrating solar power [...]