geothermal

10 September 2009

Raser Technologies targeting 130MW of geothermal energy for sale by 2012

Energy technology company Raser Technologies, Inc. is planning to add 40MW of electricity available for sale from geothermal energy in each of 2010, 2011 and 2012, bringing the total megawatts available for sale by the end of 2012 to 130MW.

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9 September 2009

Asian Development Bank ramps up spending on carbon-cutting projects in Asia

The Asian Development Bank is set to ramp up its spending on pollution-reduction projects in Asia, according to reports.

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9 September 2009

G4G Resources to acquire 90 per cent interest in Argentinean geothermal project

Canadian mineral exploration company G4G Resources is set to acquire a 90 per cent interest in Geotermia Andina's Despoblados geothermal project in the San Juan Province of Argentina.

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3 September 2009

Raser provides update on Department of Energy Loan Guarantee Programme

Raser Technologies, an energy technology company based in Utah, US, said that it has received notice from the Department of Energy (‘DOE') that its loan guarantee application for its ‘East Thermo' project has been denied.

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2 September 2009

Daryl Clark replaces Kenneth MacLeod as president and CEO of Western GeoPower

Renewable energy company Western GeoPower has named Daryl Clark as president and CEO on an interim basis following the resignation of Kenneth MacLeod.

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1 September 2009

Magma Energy increases shareholding in geothermal energy company HS Orka by 32.32 per cent

Geothermal power company Magma Energy has acquired 32.32 per cent of Icelandic company HS Orka from Reykjavik Energy and two other shareholders.

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27 August 2009

China approves resolution to accelerate attempts to tackle global warming

The Chinese government has approved a resolution on climate change that aims to accelerate the country's attempts to tackle the pressing challenge of global warming.

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27 August 2009

Institution of Mechanical Engineers believes geo-engineering could slow down climate changep

The Institution of Mechanical Engineers argues in its new report that geo-engineering could be a potential weapon to fight climate change and provide the world with valuable time to decarbonise the global economy.

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25 August 2009

Geothermal Inc. generate net proceeds of $10.1m to develop Neal Hot Springs project

Renewable energy development company Geothermal Inc. has closed its private placement of 8.1 million subscription receipts for gross proceeds of $10.1m that will be used to develop their geothermal project at the Neal Hot Springs.

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24 August 2009

China Recycling Energy experience second quarter financial success

Industrial waste-to-energy solution provider China Recycling Energy has released improved financial results for the second quarter of 2009, identifying high sales of their energy recycling systems as the main factor.

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20 August 2009

ElectraTherm’s Green Machine to be employed in two geothermal projects

Gulf Coast Green Energy will employ ElectraTherm's Green Machine to make clean electricity at two projects funded by the Research Partnership to Secure Energy for America.

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20 August 2009

US energy utility NV Energy calls for proposals for renewable energy

US energy utility NV Energy has announced it has issued a Request for Information (RFI) regarding proposals for deliveries of an array of renewable energy resources.

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19 August 2009

Nevada Geothermal Power completes construction of geothermal power plant at Blue Mountain

Nevada Geothermal Power (NGP), a US-based geothermal energy developer said construction of its 49.5MW Blue Mountain ‘Faulkner 1' geothermal power plant has been completed.

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17 August 2009

California outlines plan for renewable energy transmissionp

California's Renewable Energy Transmission Initiative (RETI) has released conceptual transmission plan that evaluates the usefulness of potential transmission lines in accessing and delivering renewable energy. The plan is intended to help enable development and approval of renewable energy infrastructure in ways that minimise the economic cost, environmental impact, and number of new transmission facilities.

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17 August 2009

Cooperative Research Centre receive £10m in funding to continue research into carbon capture and storage

The Cooperative Research Centre for Greenhouse Gas Technologies (C02CRC) has received £10m in funding from the Australian Government's Cooperative Research Centre to continue research until 2015.

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17 August 2009

Low carbon investment firm Osmosis Capital appoints Gerrit Heyns as a partner

Low carbon investment firm Osmosis Capital has appointed Gerrit Heyns as a partner to explore and develop new distribution opportunities, the firm said.

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14 August 2009

Australian geothermal company Petratherm strikes agreement with Spanish federal and regional governments

Petratherm, which is based in Adelaide, Australia and has geothermal operations in China, has entered into a cooperative agreement with the Spanish federal and Madrid regional governments to develop the company’s 8MW Madrid geothermal district heat project. According to Petratherm’s managing director Terry Kallis, ‘The Madrid GDH project is planned to be the first application[...]

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14 August 2009

Cemex announces refinancing plans of the company’s oustanding $15m debt

Global building materials company Cemex has completed its refinancing of the company's outstanding $15m debt with approximately 75 private banks and private placement noteholders.

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12 August 2009

Nobao Renewable Energy Holdings secures $25m venture financing round for geothermal technology

Nabao Renewable Energy Holdings, a Chinese developer of heating and cooling technology, has closed a venture capital round on $25m, according to reports.

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7 August 2009

Renewable energy technology company Raser Technologies sees revenues rise in Q2 2009

Renewable energy technology company Raser Technologies, Inc. reported revenues of approximately $407,000 in the second quarter of 2009, compared to approximately $6,000 in same period in the previous year. During the second quarter of 2009, the company began selling electricity generated from its Thermo No. 1 Plant to the City of Anaheim, California.

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