Atlas Copco Wins Major Order for American Geothermal Industry.STOCKHOLM, Sweden -- Regulatory News: Atlas Copco's (STO:ATCOA) (STO:ATCOB) U.S. subsidiary Mafi-Trench has won a multi-million dollar order for six turboexpander generators from Enel North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Inc. The generators will help drive environment-friendly geothermal power Geothermal power Thermal or electrical power produced from the thermal energy contained in the Earth (geothermal energy). Use of geothermal energy is based thermodynamically on the temperature difference between a mass of subsurface rock and water and a mass plants, producing enough energy to power a medium-sized city. The order is the largest ever for Mafi-Trench Company LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , which was acquired by Atlas Copco Atlas Copco is a Swedish industrial company that was founded in 1873. It manufactures industrial tooling and equipment. The Atlas Copco Group, founded already in 1873, is a global industrial group of companies headquartered in Stockholm, Sweden. in July 2007 and is now part of the company's Gas and Process division. Mafi-Trench has supplied turboexpanders to the gas processing, petrochemical and power recovery markets for three decades. "We see great potential in Mafi-Trench's products for customers in the renewable energy Renewable energy utilizes natural resources such as sunlight, wind, tides and geothermal heat, which are naturally replenished. Renewable energy technologies range from solar power, wind power, and hydroelectricity to biomass and biofuels for transportation. markets, and for the geothermal industry in particular," says Ronnie Leten, President of Atlas Copco's Compressor compressor, machine that decreases the volume of air or other gas by the application of pressure. Compressor types range from the simple hand pump and the piston-equipped compressor used to inflate tires to machines that use a rotating, bladed element to achieve Technique Business Area. "This is clearly a future growth market for Atlas Copco and we are proud to get this order." Enel has ordered the machines, with a combined capacity of 84 000 KW, to be used at the Stillwater and Salt Wells geothermal power plants in Nevada, USA. A growing business worldwide, the geothermal industry produces reliable and clean electric power by tapping wells of natural steam or hot water, converting it to electricity with machinery such as Mafi-Trench's turboexpanders. Enel is one of Europe's largest utility companies, with headquarters in Italy and operations in over 16 countries. Enel is a global leader in renewable energy generation with over 19 000 MW of installed capacity. The Enel North America subsidiary works exclusively on renewable energy projects. Atlas Copco is a world leading provider of industrial productivity solutions. The products and services range from compressed air compressed air, air whose volume has been decreased by the application of pressure. Air is compressed by various devices, including the simple hand pump and the reciprocating, rotary, centrifugal, and axial-flow compressors. and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. and rental. In close cooperation with customers and business partners, and with more than 130 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group's global reach spans more than 150 markets. In 2006, Atlas Copco had 25 900 employees and revenues of BSEK 51 (BEUR 5.6). Learn more at www.atlascopco.com. Gas and Process is a division within Atlas Copco's Compressor Technique business area. It develops, manufactures and markets large, customized gas and process compressors and turbo expanders, and their respective aftermarket products. Its products are used primarily by the oil and gas, chemical/petrochemical process and power industries worldwide, and also by industries that specialize in gas production through air separation. The divisional headquarters and main production center is located in Cologne, Germany. This information was brought to you by Cision http://newsroom.cision.com |
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