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Saturday, Dec 12
Hot rocks cleanse salty water
An underground source of hot-rock energy may have the potential to produce low-cost fresh water, according to the University of Queensland’s Queensland Geothermal Energy Centre of Excellence. By Science Alert An underground source of hot-rock energy may have the potential to produc...
Raser (NYSE: RZ) and Evergreen agree to finance 100MW of geothermal power
By New Energy World Network US green energy company Raser Technologies has reached an agreement with renewable energy power plant investment fund Evergreen Clean Energy for the structuring and financing of well field development for up to 100MW of geothermal power projects.
Enel Green Power opens Lagoni Rossi geothermal power plant
Enel Green Power opened Lagoni Rossi geothermal power plant in the Lardarelo area, Italy. The power plant has 12 MW of installed power capacity, enough to supply about 40,000 average households with …. By ReNewbl Enel Green Power opened Lagoni Rossi geothermal power plant in the Lardarel...
Boise is one of the world’s leading geothermal cities
With Copenhagen in the spotlight this week as an example of geothermal’s potential, the Geothermal Energy Association has identified 10 leading geothermal cities around the globe. By Cynthia Sewell – Idaho Statesman With Copenhagen in the spotlight this week as an example o
Friday, Dec 4
A-Power (Nasdaq: APWR), Shenyang Power Group and Amraas International Reached Agreements on Biomass Power Plants and Geothermal Project
A-Power Energy Generation Systems, Ltd. a leading provider of distributed power generation (“DG”) systems in China and a fast-growing manufacturer of wind turbines, and Shenyang Power Group (“SPG”), a subsidiary of A-Power, today announced they have signed agreements with Pakista...
Thursday, Dec 3
Indonesia’s geothermal development
Indonesia, which lies on the Pacific Ring of Fire, holds approximately 40 percent of the world’s geothermal reserves, equivalent to about 27,000 megawatts of electrical power. Most of the geothermal potential is found in Sumatra (13,800 MW), Java and Bali (9,250 MW), and Sulawesi (2,0...
EDC to pay US$124 million for purchase of 2 geothermal plants
MANILA, Philippines – Energy Development Corp. (EDC), the country’s largest renewable energy company, will pay the Power Sector Assets and Liabilities Management Corp. (PSALM) $123.8 million for the purchase of two geothermal power plants.
RI sits on 28,000 MW of geothermal resources
By The Jakarta Post Energy and Mineral Resources Minister Darwin Zahedy Saleh said Indonesia was blessed with geothermal energy resources of up to 28,000 megawatts with a potential power generating capacity of 13,440 MW. The rest of the article can be read at TheJakartaPost.com
Wednesday, Nov 25
EDC to drive development on five more geothermal plants
By Amy R. Remo (Philippine Daily Inquirer) ENERGY Development Corp. will put up several “greenfield” geothermal power plants to increase its capacity by another 200 megawatts—a move that could propel the company to become the world’s biggest geothermal producer.
Thursday, Nov 19
Indonesia forestry laws curbing geothermal-industry
By Muklis Ali (Reuters) Indonesia needs to relax its laws to make it easier to explore for geothermal energy in protected forests if it is going to meet a target of lifting electricity demand from renewables, an industry official said on Monday.
Tuesday, Nov 17
Ormat Technologies, Inc. (NYSE: ORA) Signs a New 20-Year PPA with Nevada Power Company for 30 MW of Geothermal Power
When completed, the McGinness Hills project will increase the total output supplied from Ormat to NV Energy, Inc. to approximately 135 MWs, helping the utility to meet its renewable energy requirement. The renewable portfolio standard legislation requires 15 percent of all electrici...
Monday, Nov 16
AltaRock Geothermal Gets New Boost
As part of a newly announced $338 million boost for 123 geothermal energy projects nationwide, the Department of Energy will sink $25 million into what is called an “enhanced” or “engineered” geothermal demonstration project in Oregon being developed in part by AltaRock Energy, whic...
Indonesia offers investment opportunities in geothermal to New Zealand and others
“We offered geothermal investment opportunities to New Zealand,” Hidayat said, adding that to develop geothermal energy, the government should immediately issue a relevant pricing policy so that the investors who had interest in it could calculate the continuation of the investme...
Thursday, Nov 12
Ormat Technologies (NYSE: ORA) subsidiary to acquire 30MW of Geothermal power
A subsidiary of renewable energy company Ormat Technologies has signed a 20-year power purchase agreement with NV Energy subsidiary Nevada Power Company, to purchase 30MW from the McGinness Hills Geothermal project, which is currently under construction.
Biggest Public Utility in US exploring for Geothermal energy, to be ramp up to 40% by 2020
Written by Susan Kraemer (CleanTechnica) The Los Angeles Department of Water and Power (LADWP) has signed a lease for exploring geothermal potential in Imperial County near the Salton Sea; as part of meeting its goal to make 40% of its electricity from renewable sources by 2020.
Tuesday, Nov 10
Australian energy major, TRUenergy, announces $57 million entry into Petratherm geothermal project
TRUenergy has further expanded its sizeable renewable energy portfolio, announcing a strategic $57 million commitment to geothermal energy through a joint venture with Petratherm, a leading developer of geothermal technology in Australia and overseas.
Department of Energy Awards $338 Million to Accelerate Domestic Geothermal Energy
Enhanced Geothermal Systems Demonstrations (up to $51.4 million): Three projects have been selected for the exploration, drilling and development of enhanced geothermal systems (EGS) to validate power production from deep hot rock resources using innovative technologies and app...
Monday, Nov 9
Northern Nevada gets $93 million for geothermal projects
The money will fund 20 projects in Northern Nevada and create an estimated 1,100 jobs, said U.S. Sen. Harry Reid, D-Nev., who made the announcement with Chu. It also will benefit Nevada companies developing five projects outside the state.
GE grants $50m loan to 220 MW geotherma power producer in Indonesia
By New Energy World Network GE Energy Financial Services GE’s global energy investment arm, has loaned $50m to Indonesia’s biggest geothermal power producer, a 220MW emissions-free facility set in a volcanic region of tea and quinine plantations.
Polaris Energy Nicaragua issues start order for San Jacinto expansion
In a release by the company, Ram Power Corp (TSX: RPG), through its wholly owned subsidiary, Polaris Energy Nicaragua S.A. (”PENSA”), announces that it has issued a formal Start Order and made the initial payment to its main construction contractor, Construtora Queiroz Galvao for the co...
New Mexico to develop geothermal projects
By KRQE News The U.S. Department of Energy has awarded more than $10 million to explore geothermal energy projects in New Mexico. The rest of the article can be read at KRQE.com By KRQE News The U.S. Department of Energy has awarded more than $10 million to explore geothermal e
Feds Grant $30 million for Central Oregon Geothermal Project
A Central Oregon geothermal project many years in the making continues to heat up following a recent announcement that nearly $30 million will go toward work near Newberry Crater. By Joseph Friedrichs (New West Community Blogs) A Central Oregon geothermal project many years in th
Magma Energy gets two concessions for geothermal projects in Nicaragua
Magma Energy and Polaris Geothermal (wholly owned subsidiary of Ram Power) have been jointly awarded two concessions for geothermal development in Nicaragua. By Renewbl Magma Energy and Polaris Geothermal (wholly owned subsidiary of Ram Power) have been join
Magma Energy (TSX: MXY) awarded $10 million in Department of Energy Grants for its Soda Lake And Mccoy Properties In Nevada
Magma Energy is pleased to announce that its US subsidiary, Magma Energy (US) Corp. (“Magma”), has been awarded $10 million in American Recovery and Reinvestment Act funding for two of its Nevada geothermal exploration properties, Soda Lake and McCoy. The grants will reimburse 50 — 80% o...
Philippines targets $2.5 billion geothermal development
By By Leonora Walet, Asia Green Investment Correspondent The Philippine government aims to approve contracts to explore and develop the country’s massive geothermal energy resources, which could attract more than $2.5 billion in private investment, an official said.
Saturday, Oct 31
Magma Energy (TSX: MXY) wins two concessions in Nicaragua
Magma Energy Corp. is pleased to announce that Magma Energy Corp. and Ram Power Corp.’s wholly owned subsidiary, Polaris Geothermal Inc. (“PGI”), have jointly won an international bid for two geothermal concessions known as “Volcán Mombacho” and “Caldera de Apoyo” in Nicaragua. Future ex...
Enhanced Oil Resources Inc. (TSX-V: EOR) Announces Joint Venture with GreenFire Energy for development of a CO(2)-based Demonstration Geothermal Power Plant near St. Johns Dome
The St. Johns Dome area is considered to be in an optimal location at which to develop CO(2)-based geothermal energy. This is due to its combination of a large volume of low cost natural CO(2), the likely presence of a thermal reservoir underlying the region and a local connection into the po...
Iceland Bank Focusing On U.S. Geothermal Growth
Íslandsbanki’s ‘Sustainable Energy’ team provides development support by connecting industry and investors with the different divisions and product groups within the Bank. As it has done for the last two years, Íslandsbanki participated in the 2009 Geothermal Energy Expo….
SMU to share blueprint for generating geothermal electricity from oil and gas wells
SMU’s renowned Geothermal Laboratory will share the blueprint for generating geothermal electricity from waste water produced by oil and gas wells at a conference on the Dallas campus Nov. 3-4. Late registration is available at check-in Nov. 3.
Thursday, Oct 29
Japan investing in electricity and geothermal energy in Indonesia
According to a recent article by the Jakarta Post, Japan will invest in sectors like electricity and geothermal energy in Indonesia, so the Head for Asia and Oceania Finance Department of Japans Bank for International Cooperation (JBIC).
Shoshone Nation building geothermal plants
Northwestern Band of the Shoshone Nation Alternative Energy embodies the Tribal directive: “To Renew and Sustain.” Shoshone Energy has become a national leader in renewable energy, with an emphasis on geothermal energy, developing hundreds of megawatts in geothermal energy ….
Johnson Controls to Integrate and Supply Two Packaged Kalina Cycle Technology Power Plants
The directors of Global Geothermal Limited and its subsidiary Recurrent Engineering are pleased to announce that they have signed a manufacturing contract with Johnson Controls, Inc. to produce two packaged geothermal power plants for Global’s Japanese customer, Geothermal Energ...
Thursday, Oct 22
DOE buys electric plant in oil field near Casper
A geothermal plant that adds electricity production to the output of an old oil field 35 miles north of Casper has been sold to the U.S. Department of Energy for an undisclosed amount. By TOM MAST Casper Star-Tribune A geothermal plant that adds electricity production to the output o
Thursday, Oct 15
Ormat (NYSE: ORA) supplies recovered energy generation to DOE oilfield
Recovered energy generation produces electricity from heat that would otherwise be thrown away. This “geothermal” energy technology would lower carbon emissions on oil fields and from cement makers, two of the three major carbon emitters to be covered by CEJAPA energy legislation. …
Saturday, Oct 10
KUTh Energy (ASX:KEN) appraises clean energy in Vanuatu
KUTh Energy is hoping to turn its geothermal prospects on the island of Efate in Vanuatu into an economic renewable energy source for the country. By Proactive Investors KUTh Energy is hoping to turn its geothermal prospects on the island of Efat
Alaska’s geothermal project could fuel the region’s economic sustainability
AKUTAN, Alaska – A geophysical survey team is using electromagnetic probes in the remote community of Akutan, Alaska to help investigate the potential of the nearby geothermal resource. If a significant resource is identified this would potentially allow the Eastern Aleutian region...
DOE to Research Geothermal Potential in Oil Production
By Kyle Haas (Green Chip Stocks) A joint project between the DOE’s Office of Fossil Energy (FE) and Office of Energy Efficiency and Renewable Energy (EERE) was announced last week, teaming up an unlikely pair of geothermal and fossil fuel drilling techniques.
Thursday, Oct 1
Making Geothermal More Productive U of Utah Institute to Run $10.2 Million Study in Idaho
EGI geologist Joe Moore – who will head the research effort at U.S. Geothermal Inc.’s Raft River power plant in southeast Idaho – says most geothermal power in the United States now is produced west of the Rocky Mountains, where hot rocks are found closest to the surface.
Geothermal Site with 4Mwatt Capacity Drilled in Hungary
By Energy-Think KMS Technologies and Mannvit Engineering announce that their client has successfully drilled a well in Szentlörinc, Hungary using their exploration technology. Hot water of 80°C, estimated to have a peak heating capacity of 4 MW …..
Chilean mining company Collahuasi to invest US$ 180 million in geothermal project
By Think GeoEnergy domestic mining company Minera Doña Inés de Collahuasi (”Collahuasi”) is planning to invest around US$ 180 million. The company will begin the exploration phase of its project and the overall plan is that the geothermal power plant will supply …..
U.S. Geothermal Power Production and Development Update
In 2007 geothermal energy accounted for 4% of renewable energy-based electricity consumption in the United States. As of September 2009, geothermal electric power generation is occurring in eight U.S. states: Alaska, California, Hawaii, Idaho, Nevada, New Mexico, Utah, and Wyoming.
Monday, Sep 28
Iceland GeoSurvey (ISOR) to provide geothermal assistance in Nicaragua
According to Icelandic media an agreement was reached between the Icelandic International Development Agency (ICEIDA) and Iceland GeoSurvey (ISOR) under which ISOR will provide geothermal engineering support to the geothermal sector in NIcaragua from 2009 until 2012.
Magma Energy (TSX: MXY) Current prices suitable for geothermal development in Chile
Canadian geothermal company Magma Energy believes power prices are sufficient in Chile to make development of the renewable source financially attractive, according to the company’s chief geologist Catherine Hickson. By Christopher Lenton / Business News Americas Canadian geoth...
Friday, Sep 25
U.S. GEOTHERMAL (NYSE Amex: HTM, TSX: GTH) STARTS NEW DRILLING PROGRAMS AT NEAL HOT SPRINGS PROJECT
“Further definition of the Neal Hot Springs geothermal resource is a significant part of our company’s growth plan”, said Daniel Kunz, President and CEO. “These drilling programs geothermal reservoir needed to construct a power plant that will deliver 22 megawatts of electricity”.
Icelandic Geothermal Company in Abu Dhabi
Energy company Reykjavík Geothermal (RG) is leading the search for geothermal energy for Masdar, a planned city in the principality Abu Dhabi in the United Arab Emirates. The project is …… By Iceland Review Online Energy company Reykjavík Geothermal (RG) is leading the search for geoth...
Thursday, Sep 24
New geothermal drilling technology being explored at university in Zurich
Recent articles describe a new geothermal drilling technology currently being explored by ETH Zurich, a technical university in Zurich in Switzerland. By Think GeoEnergy Recent articles describe a new geothermal drilling technology currently being ex
Utah geothermal plant runs into cold-water problem
Raser Technologies Inc, long has boasted its new Hatch geothermal power plant near the west-central Utah city of Beaver would launch a new era of energy production – - one in which electricity would be produced from low-temperature underground water that wasn’t viewed as hot enough to p...
Friday, Sep 18
Nevada Geothermal Power Inc. (OTCBB: NGLPF, TSX-V: NGP) Announces Blue Mountain 'Faulkner 1' Geothermal Power Plant Completed Three Months Ahead of Schedule
Nevada Geothermal Power Inc. (TSX-V: NGP, today announced that the Blue Mountain ‘Faulkner 1′ project has successfully completed testing requirements under the Engineering Procurement Construction contract with Ormat Nevada Inc., a subsidiary of Ormat Technologies Inc., (NYSE:OR...
Thursday, Sep 17
Chinese aluminum giant looks toward Iceland
A number of companies have expressed interest in Icelandic geothermal energy company Theistareykir ehf. Chinese authorities are considering purchasing a 32 percent stake in the company, likely on behalf of Chinalco, the country’s largest aluminum manufacturer.
Tuesday, Sep 15
Cheaper renewable energy to come from Australian geothermal grid connection
A new report shows electricity customers in Australia will reap the rewards of early investment linking geothermal projects in the northern part of South Australia to the National Electricity Market (NEM). By New Energy World Network A new report shows electricity customers in Austra...
Geothermal key to Kenya's power shortage
As reported in Kenya, “Geothermal energy is the answer to the (country’s) unreliable and expensive electricity, an investment adviser has said. The country’s geothermal potential is estimated …. By Think GeoEnergy.com As reported in Kenya, “Geothermal energy is the answer to the (coun...
Monday, Sep 14
Raser Technologies (NYSE: RZ) Moves To Its Next Phase In Its Power Generation Segment
Based on the evaluation of its existing construction, and advances in technology, Raser has adjusted its rollout expectations. Raser now plans to add 40 megawatts of electricity available for sale in each of 2010, 2011 and 2012, bringing the total megawatts available for sale by the end...
Australia: Investments in transmission and distribution could boost geothermal
Reported by Renewable Energy World, “A new report claims to show that electricity customers in Australia will reap the rewards of early investment in transmission and distribution developments linking geothermal projects in the northern part of South Australia to the National Elec...
Thursday, Apr 2
Icelandic Geothermal Know-how in El Salvador
A geothermal binary power plant, engineered and constructed under an EPCM contract by Icelandic geothermal company Enex for LaGeo in El Salvador is operating at full capacity. The power plant generates 9.3 MW of renewable energy and is the first geothermal power plant fully engineered a...
Saturday, Mar 21
Petratherm (ASX: PTR) Spanish projects update
The geology and market characteristics make the Barcelona project area attractive for both goethermal district heating (GDH) applications and engineered geothermal system (EGS) development for electricity production. The known temperatures and depths of existing aquifers indi...
