MHI Wins Order for Two 40 MW Geothermal Power Generation Plants for Hellisheidi Power Station of Reykjavik Energy, Iceland.Tokyo, Japan, May 31, 2006 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Mitsubishi Heavy Industries, Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 7011, MHI MHI Manufactured Housing Institute MHI Montreal Heart Institute (Montreal, Quebec, Canada) MHI Median Household Income MHI Main Hawaiian Islands MHI Material Handling Institute ), in a consortium with Mitsubishi Corporation Mitsubishi Corporation (三菱商事株式会社 (UK) Plc and Balcke-Duerr GmbH, a German engineering company, has received a turnkey order from Reykjavik Energy (Orkuveita Reykjavikur), a city-owned utility in Iceland, to build two 40 MW (megawatt) 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, 80 MW in total, at Hellisheidi. Previously MHI received an order for Units 1 and 2 in 2004, and the latest order marks the tenth geothermal power plant consigned to MHI by the power provider. With these 10 plants, including Units 3 and 4 on order, Reykjavik Energy's cumulative geothermal power generation capacity will reach 340 MW. The Hellisheidi geothermal power station is located in a geothermal area approximately 20 kilometers east of Reykjavik, the nation's capital city. The electricity generated will be supplied mainly to local aluminum refineries. Units 3 and 4 are slated to go on-stream in September and November 2008, respectively. Each power plant consists of a steam turbine Steam turbine A machine for generating mechanical power in rotary motion from the energy of steam at temperature and pressure above that of an available sink. By far the most widely used and most powerful turbines are those driven by steam. , generator, condenser condenser Device for reducing a gas or vapour to a liquid. Condensers are used in power plants to condense exhaust steam from turbines and in refrigeration plants to condense refrigerant vapours, such as ammonia and Freons. and cooling tower. The steam turbines will be manufactured by MHI, generators will be made by Mitsubishi Electric Corporation, and Balcke-Duerr will fabricate the condensers and cooling towers. Mitsubishi Corporation is handling the trade particulars. Prior to the latest order, MHI has already supplied eight geothermal power plants (260 MW in total) to Reykjavik Energy, commencing with the first order for the Krafla power station (two 30 MW plants) that was delivered in 1978, followed by four 30 MW plants for the Nesjavellir power station and two 40 MW plants for the Hellisheidi power station. The team was awarded the new order as a result of the power provider's recognition of the technological excellence, reliability and safety of those earlier deliveries. Iceland, known as the "Land of Fire and Ice," is located where the Eurasian and North American plates converge. A country of numerous volcanoes, Iceland is well suited to use of geothermal energy. Because water is available in abundant supply, the country also generates electricity by hydropower hy·dro·pow·er n. Hydroelectric power. to meet its power demand. In these ways, Iceland obtains 72% of its entire power supply from renewable energy sources - one of the highest rates in the world. Geothermal power generation utilizes geothermal fluid, a mixture of high-temperature water and steam (over 250 deg. C, or 482 deg. F), extracted from deep underground reservoirs through production wells. The steam extracted from the fluid is used to rotate steam turbines. As geothermal power generation involves no fuel combustion and does not emit CO2, it contributes to environmental preservation. MHI has vast experience in geothermal power systems, in addition to plants relying on other natural energy sources such as wind power, hydropower and solar energy. Outside Japan, to date MHI has delivered geothermal power plants to 12 countries worldwide, including Iceland, the United States, Mexico, the Philippines, Indonesia, New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. , Costa Rica, El Salvador and Kenya. Their collective power output exceeds 2,500 MW. On the strength of these proven achievements and expertise in this area, MHI will now further fortify for·ti·fy v. for·ti·fied, for·ti·fy·ing, for·ti·fies v.tr. To make strong, as: a. To strengthen and secure (a position) with fortifications. b. To reinforce by adding material. its global marketing activities for geothermal power plants as a clean energy resource. About Mitsubishi Heavy Industries, Ltd About Mitsubishi Heavy Industries Mitsubishi Heavy Industries, Ltd. (TSE: 7011, MHI), headquartered in Tokyo, Japan, is one of the world's leading heavy machinery manufacturers, with consolidated sales of 2,792 billion yen in fiscal 2005 (year ended March 31, 2006). MHI's diverse lineup of products and services encompasses shipbuilding, steel structures, power plants, chemical plants, environmental equipment, industrial and general machinery, aircraft, space rocketry rock·et·ry n. The science and technology of rocket design, construction, and flight. rocketry Noun the science and technology of the design and operation of rockets and air-conditioning systems. For more information, please visit the MHI website (http://www.mhi.co.jp). Source: Mitsubishi Heavy Industries, Ltd Contact: Hideo Ikuno Daiya PR Tel: +813-6716-5277 Fax: +813-6716-5929 E-mail: h.ikuno@daiya-pr.co.jp Copyright [c] 2006 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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