geothermal energy project News

  • Geothermal energy rocks!

    Combating climate change, while simultaneously getting energy to the two billion people without access to it, are among the central challenges of this generation. But a century-old energy technology that taps steam from hot underground rock seems to provide an answer to this challenge. Geothermal energy is a promising alternative to coal and oil-fired power generation. A project, testing ...

  • Energy Department Announces $18 Million for Innovative Projects to Advance Geothermal Energy

    As part of the Administration’s all-of-the-above energy strategy, the Energy Department today announced up to $18 million for 32 projects that will advance geothermal energy development in the United States. The selected projects target research and development in three technology areas: advancing subsurface analysis and engineering techniques for enhanced geothermal systems (EGS), applying ...


    By US Department of Energy

  • Geothermal Power Asia Congress 2013 to See More Successful Geothermal Projects

    Indonesia, projected to be the World’s 7th largest economy by McKinsey & Company by 2050, has witnessed a stable 6% GDP Growth over the past years. Bestowed with nearly 40% of the world’s geothermal potential, it is now on a fast track to expand its renewable energy capacity by increasing its geothermal installed capacity to 6,000MW by 2015 and provide 25% of national energy ...


  • Geothermal: The dark horse of renewable energy

    Geothermal energy is clean, quiet, virtually inexhaustible and able meet the world's annual electricity and heating needs many times over with little impact on the climate or the environment. In many jurisdictions, geothermal energy is emerging as a reliable and affordable alternative to fossil fuels. This fourth article in the GLOBE-Net series on renewable energy discusses the dark horse of ...


    By GLOBE Foundation

  • Geothermal: the dark horse of renewable energy

    Geothermal energy is clean, quiet, virtually inexhaustible and able meet the world’s annual electricity and heating needs many times over with little impact on the climate or the environment. In many jurisdictions, geothermal energy is emerging as a reliable and affordable alternative to fossil fuels. This fourth article in the GLOBE-Net series on renewable energy discusses the dark horse of ...

  • Media invited to geothermal energy symposium

    The U.S. Department of Energy’s Rocky Mountain Oilfield Testing Center (RMOTC) in partnership with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) and the Southern Methodist University (SMU) Geothermal Laboratory, invite members of the media to attend the two-day “Geothermal in the Oil Field” symposium in Casper, Wyo., Aug. 18-19, 2010. This ...

  • Islandsbanki to Participate in Geothermal Energy Expo

    The Icelandic bank, Islandsbanki, will be highlighting its commitment to the geothermal energy industry in the U.S. during this year's Geothermal Energy Expo and the GRC Annual Meeting, taking place October 23-26, 2011 in San Diego, California. This year's event will mark the ...


    By Marketwire

  • Global Geothermal Energy Awards Announced

    The Geothermal Resources Council (GRC), one of the world’s premier geothermal associations, has announced awards honoring the best and brightest of the global geothermal energy community. These prestigious awards have been a highlight of the geothermal calendar since the late 1970's. The GRC will present the prestigious Aidlin, Pioneer, Henry J Ramey Jr., Ben Holt, and Special Achievement ...


    By Geothermal Resources Council

  • Solar, geothermal projects touted at Vegas summit

    Solar projects in the desert, geothermal power in the mountains and wind energy off the East Coast were cited as examples of progress from top U.S. officials and industry leaders during a green energy conference on Tuesday in Las Vegas. But nuclear power nearly stole the show after a federal court in Washington, D.C., ruled that the Nuclear ...


    By Associated Press

  • President Obama announces US$467m in funding for geothermal and solar energy projects

    President Obama has announced over US$467 million from the American Reinvestment and Recovery Act to expand and accelerate the development, deployment, and use of geothermal and solar energy throughout the United States.  The funding announced this week represents a substantial down payment that will help the solar and geothermal industries overcome technical barriers, demonstrate new ...


    By US Department of Energy

  • Energy Department Finalizes loan guarantee for ormat geothermal project in Nevada

    U.S. Energy Secretary Steven Chu today announced the Department finalized a partial guarantee for up to a $350 million loan to support a geothermal power generation project.  The project, sponsored by Ormat Nevada, Inc., is expected to produce up to 113 megawatts (MW) of clean, baseload power from three geothermal power facilities and will increase geothermal power production in Nevada by ...


    By US Department of Energy

  • Department of energy finalizes $96.8 million loan guarantee for oregon geothermal project

    Energy Secretary Steven Chu today announced that the U.S. Department of Energy finalized a $96.8 million Recovery Act supported loan guarantee to a project sponsored by U.S. Geothermal, Inc. to construct a 23 megawatt (net) geothermal power project in Malheur County, in southeastern Oregon.  The company estimates that the project, known as Neal Hot Springs, will create approximately 150 ...


    By US Department of Energy

  • The race for alternative energy sources: new geothermal projects in Europe

    In the race to find alternative energy sources, geothermal energy is gaining favour. Geothermal energy is a continuous source of energy since the heat is trapped inside the earth, without depleting. This places geothermal energy above sporadic wind and solar energy, which tends to have a capacity factor of only 20-35%; geothermal capacity is more than 70%. Although global energy use from ...


    By Frost & Sullivan

  • Geothermal project powers Western Australian University

    From an Article from The Australian written by Giles Parkinson, Perth-based company, Green Rock Energy will tap the hot hot water aquifers that deep beneath Perth to provide geothermal-powered air-conditioning to the University of Western Australia, it will be the first project of its kind. After securing the geothermal exploration project for the metropolitan area, Perth-based Green Rock has ...


    By GLOBE Foundation

  • Ormat Completes Acquisition of Platanares Geothermal Project in Honduras

    Ormat Technologies, Inc. (NYSE: ORA) announced today that its indirect, wholly-owned subsidiary, completed the acquisition of the Geotérmica Platanares geothermal project in Honduras from ELCOSA, a privately owned Honduran energy company, upon satisfaction of the required conditions precedent . Ormat will hold the assets under a Build, Operate and Transfer (BOT) structure for approximately ...


    By Ormat Technologies, Inc.

  • US and Australian advanced geothermal projects face setbacks

    Efforts to develop and commercialize a new type of geothermal energy, called Enhanced Geothermal Systems (EGS), are facing technical setbacks in both the United States and Australia. EGS involves injecting water at high pressure into deep, hot rock formations to fracture the rock, creating either a new geothermal reservoir of hot water embedded in hot rock or expanding an existing geothermal ...

  • Ormat Technologies, Inc. to develop a geothermal project in Honduras

    Ormat Technologies, Inc. (NYSE: ORA) announced today that an Ormat subsidiary entered into an agreement with Geotérmica Platanares to acquire a late stage development geothermal project in Honduras. The project comprises of the rights to a field where exploration work has been conducted in the past and a Power Purchase Agreement for up to 35MW with the national utility of Honduras, ...


    By Ormat Technologies, Inc.

  • Geothermal’s Golden Year - After 50 Years, Geothermal Energy Still Growing

    WASHINGTON, D.C.– As Sacramento, Calif., prepares to host the 2010 Geothermal Energy Expo, the geothermal energy industry’s largest annual event, the Geothermal Energy Association (GEA) recognizes the 50th anniversary of utility-scale geothermal power in the United States. Half a century ago, just north of San Francisco, construction began on The Geysers, the nation’s first ...

  • Geothermal Energy Association Recognizes the National Geothermal Data System

    The Geothermal Energy Association (GEA) announced today the winners of their 2014 GEA Honors, which recognizes companies, projects, and individuals who have demonstrated outstanding achievement in the geothermal industry. The winners were selected in categories including Technological Advancement, Economic Development and Environmental Stewardship. Now in its fourth year, GEA also provides ...


    By US Department of Energy

  • The 330 MW Sarulla Geothermal Power Project in Indonesia Signed Project Agreements

    Ormat named power plant technology provider. Among the world’s largest single-contract geothermal power plant. Project company expects to complete financing and begin construction in one year Ormat Technologies, Inc. (NYSE: ORA) announced today that Sarulla Operations Ltd. (SOL) has signed a Joint Operating Contract (JOC) and Energy Sales Contract (ESC) for the 330 MW Sarulla ...


    By Ormat Technologies, Inc.

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