Posted in Geothermal on 2008-07-04 | No Comments »
A Utah company is planning to build New Mexico’s first commercial geothermal electric generation plant on 2,500 acres in Hidalgo County near Lordsburg that will produce enough power for about 5,500 homes.
Geothermal Electric Plant Planned in Nm
Posted in Economics, Geothermal on 2008-07-04 | No Comments »
Raser Technologies, Inc. (NYSE Arca: RZ) today announced that it has begun taking delivery of the UTC Power, a United Technologies Company, geothermal power generating units ordered for the first commercial scale geothermal power [...]
Posted in Economics, Geothermal on 2008-07-04 | No Comments »
The International Finance Corporation (IFC) has launched a $100 million fund to invest in infrastructure in the world’s poorest countries. The ‘InfraVentures’ fund will make its first investment in geothermal power in Djibouti.
Ifc Infrastructure Fund to Invest in African Geothermal Power
Posted in Economics, Geothermal on 2008-07-03 | No Comments »
You’ve got to love New Zealand. It has everything, stunning scenery, mountains, isolation, hobbits (it’s true) and shortly a $60m (NZ) geothermal power plant. That’s about £23m.
Kiwis Build 23.3mw Geothermal Plant
Posted in Economics, Geothermal on 2008-07-02 | No Comments »
Ormat Technologies Inc. announced that two of its subsidiaries have entered into a supply contract and a construction contract with Contact Energy LTD of New Zealand for the Centennial Binary Plant, a new geothermal power plant that is to be constructed in the Tauhara Geothermal Field in New Zealand. The contracts are valued at approximately [...]
Posted in Economics, Geothermal on 2008-07-01 | No Comments »
Faced with looming energy crises in their developing economies, power-hungry countries like Indonesia and the Philippines are looking deep into the earth for solutions.
Both are in the so-called Pacific Ring of Fire, an area peppered with volcanoes and home to the world’s biggest reservoir of geothermal power.
”When I think of Indonesia and energy, I think [...]
Posted in Economics, Europe, Geothermal on 2008-06-30 | No Comments »
Ormat Technologies Inc. announced that one of its subsidiaries has entered into a supply contract for a new geothermal power plant to be constructed in Turkey. The contract is valued at approximately US $16 million and delivery of the equipment is expected to be completed within 16 months from the contract date.
The customer, Menderes Geothermal [...]
Posted in Economics, Geothermal on 2008-06-27 | No Comments »
Geothermal heating and cooling systems are increasingly taking root under the green, green grass of homes.
Area contractors say they are doing 40 to 50 per year, up from five to 10 a few years ago.
As more metro homeowners fret over the rising costs of energy, demand for residential geothermal systems is skyrocketing – even on [...]
Posted in Geothermal on 2008-06-26 | No Comments »
Raser Technologies Inc. announced that it has taken delivery of 50 UTC Power geothermal power generating units that the company ordered for the first geothermal power plant to be built in the state of Utah in more than 20 years.
UTC Power has shipped the first 50 generating modular units that will generate electricity from Raser’s [...]
Posted in Economics, Geothermal on 2008-06-26 | No Comments »
The U.S. Department of Energy (DOE) has issued a Funding Opportunity Announcement (FOA) for up to US $90 million over four years to advance the research, development and demonstration of next-generation geothermal energy technology.
DOE said that it plans to make up to 26 awards through this competitive funding opportunity, which is open to industry and [...]
