Ormat signed 25-year power purchase agreement with Dominica Electricity

Ormat Technologies announced at the United Nations Climate Change Conference the signing of a groundbreaking 25-year Power Purchase Agreement, PPA, with Dominica Electricity Services, DOMLEC, for the development of a state-of-the-art 10 MW binary geothermal power plant in the Caribbean country of Dominica. The project is expected to be operational by the end of 2025. Doron Blachar, CEO of Ormat Technologies, stated, “This landmark agreement demonstrates our commitment to pioneering sustainable energy solutions. Not only is Ormat ensuring a cleaner and more resilient future for Dominica, its energy sources, and its economy, but we’re also contributing to a positive impact on the quality of life of its residents. Our partnership with DOMLEC and the Government of the Commonwealth of Dominica is a testimony to our shared vision for a greener and more sustainable tomorrow. We extend our sincere gratitude to DOMLEC and the Government of the Commonwealth of Dominica for their collaborative efforts in making this groundbreaking project a reality.”