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Energy & Renewables Newsletter September 05, 2013 |
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| This Week´s Featured News Stories |
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Ormat successfully completed the Ngatamariki Geothermal Plant
Ormat Technologies, Inc. (NYSE: ORA) announced today that it has successfully completed the 100 MW installed capacity Ngatamariki geothermal power plant in New Zealand under the $142 million Supply and Engineering, Procurement and Construction (EPC) contracts signed with Mighty River Power (MRP) in June 2011. Mighty River Power’s modular Ngatamariki geothermal power plant is the largest singular binary power plant ever constructed. The Ormat Energy Converters are directly fed by a high temperature (380°F / 193 ºC) geothermal fluid. Until now, on such resources, only steam turbines ... | ||
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Is Renewable Energy Stuck?
Expectations on the growth and deployment of renewable energy vastly exceed actual growth of green energy, says Dr. Bjorn Lomborg, Director of the Copenhagen Consensus Center. As reported in a News Brief from the Center, a new survey shows that the average American believes use of renewable energy sources will jump from 13% of our energy today to 30.2% by 2035. In fact, says the News Brief, renewable energy is in decline. A leap away from fossil fuels necessitates huge investments in green research and development. Luckily, these investments will be much cheaper than the current ... | ||
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