Dominica and Ormat sign agreement for the development of a geothermal plant on the island

Dominica entered into an agreement with Ormat and its subsidiaries to develop a 10 MW geothermal plant on the island. Ormat is set to finance the construction, operation, and maintenance of the power plant and geothermal wells for 25 years, while the Dominica government retains ownership of invested wells, lands, and assets.

Source: Radio Jamaica News Online