Ormat wins contract for San Jacinto geothermal plant expansion

Polaris Infrastructure Inc. announced today that it has signed a definitive agreement with a wholly subsidiary of Ormat Technologies Inc. for the supply of a 10 MW (net) Binary Unit at its San Jacinto geothermal power plant in Nicaragua . The additional Binary Unit is in response to Polaris’ previously announced December 2020 extension of the Power Purchase Agreement in Nicaragua, which extended its term to 2039, and allowed for additional capacity through the inclusion of a Binary Unit.