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Fuji Electric Invests in Hudson Ranch II Geothermal Project

Fuji Electric, which supplies turbine generator instruments to the power sector, has declared that it has invested $10 million on a geothermal plant located at Imperial Valley in California.

EnergySource, a company developing geothermal projects, owns and operates the project. This investment will help developing the Hudson Ranch II project.

EnergySource has concluded its Hudson Ranch I project recently and plans to begin Hudson Ranch II. The drilling process will start mid-year and construction will start from 2013. The project is expected to commercially operate from 2015.

EnergySource has used Fuji Electric steam turbine generator equipment for its Hudson Ranch I project. The new project will produce about 49 MW of electricity using geothermal sources in the Salton Sea, Imperial County, California. The electricity produced by both the projects will power nearly 50,000 houses in the Southwestern region.

The Director and Managing Executive Officer of Fuji Electric, Naoto Yoneyama stated that the company helps developing renewable energy projects in the power production industry. It is dedicated to grow and extend its geothermal power project business. He added that with the successful inauguration of Hudson Ranch I project by EnergySource, Fuji Electric discovered immense prospects to invest in Hudson Ranch II project.

Fuji Electric specializes in industrial systems solutions, electric power, industrial and public facilities. The company supplies steam turbine generators, semiconductors, automotive electronics, magnetic discs for computers, home appliances and vending machines.

Source: http://www.fujielectric.com/

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