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Icelandic Power Plant Opens in El Salvador

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Icelandic Power Plant Opens in El Salvador

The first Icelandic geothermal power plant to be built on foreign ground has launched operations in the geothermal area of Berlin in El Salvador, as announced by Icelandic geothermal energy company Enex on Saturday.

“This is a significant milestone for Icelandic geothermal knowledge,” managing director of Enex Thór Gíslason said in a statement, adding:

“Progressive operations on geothermal power plants in Iceland for the past ten years along with the development of new and improved technology have created a strong basis for exporting knowledge that is sought-after in many foreign countries.”

Once fully operational, the power plant will produces 9.3 MW of electricity. It is operated in partnership with local energy company LaGeo. The agreement between LaGeo and Enex is worth USD 13 million (EUR 10 million).

Geysir Green Energy is the Enex’s majority owner, holding 96 percent of shares.

Click here to read more about Icelandic energy companies.

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