USTDA Supports Renewable Energy Development in Turkey
March 20, 2014
(USTDA)
Awards Grant for Hydrokinetic Power Generation
Project
ANKARA, TURKEY – Today, the U.S. Trade and
Development Agency awarded a $669,875 grant to
Turkey's largest power generation company, the
Electricity Generation Company (EUAS), in
support of its efforts to expand its capacity
to generate power. The grant will fund a
feasibility study to help EUAS determine the
technical and financial viability of a 17
Megawatt (MW) hydrokinetic power project for
the Seyhan hydropower plant, near the city of
Adana.
Working with Verdant Power, Inc., a leading
marine and hydrokinetic power developer
headquartered in New York, NY, and its partner
Ko-Tech, a consulting company based in McLean,
VA, the study will evaluate the use of Verdant
Power's free flowing kinetic hydropower systems
downstream of the EUAS, hydropower plant
facility. By installing turbine systems at the
Seyhan hydropower plant, the project would
utilize existing infrastructure, such as
substation power transmission and distribution
lines, to generate an additional 17 MW of power
from free flowing water channel currents.
Verdant Power, Inc. has successfully used this
technology to generate power in the East River
of New York City, beginning in 2006.
"USTDA is pleased to support Turkey's efforts
to augment its clean and renewable resource
development, supplementing its dependence on
fossil fuel power sources," said Regional
Director Carl B. Kress. "The cutting-edge U.S.
hydrokinetic technology, which will be
evaluated for the Seyhan plant, demonstrates
Turkey's leadership in exploring new clean
energy sources. This important project will
serve as a model for other important markets in
the region and around the world.
This project builds upon the work USTDA has
undertaken with Turkey since signing a
Memorandum of Agreement with the Ministry of
Energy and Natural Resources in 2009. If
implemented, the project will provide an
anticipated $32.5 million in opportunities for
U.S. hydrokinetic power developers in
manufacturing equipment and services, such as
turbines and substations, installation,
engineering and design.
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