Company News
THERMAL ENERGY PARTNERS BEGINS FINAL DESIGN FOR ITS NEVIS GEOTHERMAL PROJECT
FOR IMMEDIATE RELEASE
Austin, June 17, 2016
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 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 ison development of both traditional magmatic and deep sedimentary basin geothermal resources through project design, finance, permitting, construction and operation.
For Further Information:
Thermal Energy Partners
Media Relations
Bruce Cutright
T (904) 233-3335
Email: bcutright@thermalep.com
THINK GEOENERGY NEWS - NEVIS PROJECT PROCEEDING WITH PLANNED 9MW, TO BE ONLINE BY LATE 2017
November 25th 2015 - In a release today, the Nevis Island Administration (“NIA”), the Nevis Electric Company Limited (“NEVLEC”) and Nevis Renewable Energy International Inc. (“NREI”) announced the signing of a long-term power purchase agreement.
U.S. DEPT OF STATE STATE DEPT APPLAUDS MODEL GEOTHERMAL POWER PURCHASE AGREEMENT SIGNED IN NEVIS
Washington, DC - November 25th 2015 – The Department of State applauds the November 20 signing of the power purchase agreement (PPA) between the consortium, Nevis Renewable Energy International (NREI), and the Nevis Electricity Company in St. Kitts and Nevis to develop geothermal resources. This project not only has the potential to provide sustainable renewable power to the entire country, but also may lead to the first inter-island electrical interconnection in the Caribbean.
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RENEWABLE ENERGY WORLD - THERMAL ENERGY PARTNERS SECURES PPA FOR FIRST OF FOUR CARIBBEAN PROJECTS
December 1 2015 – Austin, Texas-based Thermal Energy Partners (TEP) recently signed a power purchase agreement (PPA) worth approximately $800 million for the first of four planned geothermal projects in the Caribbean. Acting through subsidiary Nevis Renewable Energy International, TEP and the Nevis Electric Company, in conjunction with the Nevis Island Administration, signed a long-term agreement for 25 years of energy supply connected to a geothermal project on the island of Nevis.
THERMAL ENERGY PARTNERS SIGNS PPA FOR NEVIS GEOTHERMAL PROJECT
December 1 2015 – Austin, Texas-based Thermal Energy Partners (TEP) acting through its subsidiary Nevis Renewable Energy International (“NREI”), and the Nevis Electric Company Limited (“NEVLEC”) have signed a long-term agreement for 25 years of energy supply connected to a geothermal project on the island of Nevis..