Alstom has won two contracts from PSP Investment to supply critical equipment for the 300MW Gilboa pumped storage power plant, located 60km east of Haifa in Israel.
Under the contract, Alstom will supply two 150MW pump-turbines and associated balance of plant equipment as well as its Distributed Control System (DCS) for the plant.
In addition to this, the company has signed an operation & maintenance (O&M) agreement to carry out day-to-day operation and maintenance of the power plant for 18 years.
To be built near the Sea of Galilee, the project, which represents the company's foray into the Israeli hydro market, is expected to become operational in 2018.
The Gilboa project, which is claimed to be the country's first pumped storage power station, will increase the country's generation capacity by 2.5%; contribute to increasing the reliability of electricity supply; and provide an important tool to control the electricity demand and distribution.
The pumped storage process involves storage of energy in the form of potential energy of water, pumped from a lower elevation reservoir to a higher elevation, and the stored water will later be reused to generate electricity to cover temporary peaks that will result in low cost generation of electricity.
Alstom Renewable Power president Jerome Pecresse said the contract testifies the company's commitment to supporting the Israeli energy market, providing solutions for renewable and clean energy sources.
"This order further reinforces Alstom's leading position on hydro pumped storage power market, and our capability to propose to our customers a complete offer from equipment to services," said Pecresse.
Image: Hydro pump turbine. Photo: courtesy of Alstom.