NIA CHARLESTOWN NEVIS (June 30, 2016) — The following is a press release from Thermal Energy Partners dated June 17, 2016,  regarding the status of the Nevis Geothermal Project.

 

Thermal Energy Partners, LLC (TEP) announced through its affiliate, NRE International (NREI), that it has begun a series of final design reviews, and analysis of utility interconnection points for its Nevis geothermal power plant. TEP also announced that Clemessy, a subsidiary of Eiffage, has joined Turboden in a Joint Venture to provide EPC services for the project.

 

Technical teams from Turboden, Clemessy and TEP were on-hand this week to make final preparations with Nevis Electric Utility (NEVLEC) officials and tour the port facility prior to the mobilization of the drilling and construction equipment. This latest announcement comes after TEP previously conducted well testing and monitoring of the geothermal resource back in March and selected Turboden as its ORC technology vendor.

 

“The coordination of the final design element of the geothermal ORC plant is important for the future production of geothermal power here in Nevis. Our visit this week keeps progress on schedule and we are on-track to have a fully completed geothermal plant by the end of 2017 that will generate electric power from a high enthalpy geothermal resource”, said Bruce Cutright, CEO of Thermal Energy Partners.

 

Deputy Premier of Nevis Hon. Mark Brantley stated, “Nevis’ has a commitment to achieving our climate change goals that includes significantly cutting energy costs to our citizens and to transitioning our Island to a totally independent renewable energy source. We will soon be able to produce zero-emission electricity and export geothermal power to nearby islands”.

 

Thermal Energy Partners, Turboden, Clemessy and its Nevisian partners represent a transformative team that is setting the standard for creating an entirely green economy with substantial economic benefits for the Island and for the region.

 

Thermal Energy Partners (TEP) is a Geothermal Energy company that provides resilient, renewable and base-load power to utilities, industrial and critical infrastructure clients worldwide. Founded in 2010 TEP’s primary focus is on development of both traditional magmatic and deep sedimentary basin geothermal resources through project design, finance, permitting, construction and operation.