Hvala is a 55MW hydro power project. It is planned on Hvala river/basin in Northwest, Iceland. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. Post completion of the construction, the project is expected to get commissioned in 2024. Buy the profile here.

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Description

The project is being developed by HS Orka hf and Vesturverk ehf. The project is currently owned by HS Orka hf with a stake of 70%.

The gross head of the project will be 315m. The project is expected to generate 320 GWh of electricity.

Development status

Post completion of the construction, the project is expected to get commissioned in 2024.

For more details on Hvala, buy the profile here.

About HS Orka hf

HS Orka is a geothermal power company. It has an installed geothermal power capacity of 175 MW. HS Orka generates 150 MW of thermal energy for district heating.

This content was updated on 25 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.