Ormat has won 15 of the 16 tracts offered for lease on Mount Spurr, a snowcapped 11,070-foot volcano, 75 miles west of Anchorage. Mount Spurr is in an active volcanic region.
Lucien Bronicki, chairman and chief technology officer of Ormat Technologies, said: Alaska is a new frontier in the geothermal arena with many technological and logistical challenges. Our global experience, particularly in Hawaii, and the support of the local government along with the collaboration of other local stakeholders, will turn this challenge into an opportunity.
