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geothermal

18 June 2013

Indonesia sets up $300m geothermal fundp

Indonesia has established a fund dedicated to the development of geothermal power across the country.

5 June 2013

Wasabi Energy likely to choose Singapore for IPO of Asian unitp

Global cleantech developer Wasabi Energy told NewNet it is likely to list its Asian unit in Singapore before the end of the year, with the target of the offering to be determined by its project pipeline.

4 June 2013

Natural Resources Canada helps fund study into 5MW geothermal project

Deep Earth Energy Production (DEEP) will receive $2.2m from Natural Resources Canada and SaskPower to fund a study to determine the viability of a 5MW geothermal energy in Saskatchewan, Canada.

4 June 2013

US Interior Dept approves 520MW of green energy projects

US Secretary of the Interior Sally Jewell has approved three major renewable energy projects that, when built, are expected to deliver up to 520MW to the electricity grid.

3 June 2013

Ormat Technologies sells stake in Nicaragua geothermal project

Geothermal developer Ormat Technologies has sold its stake in the Momotombo Power Company, which operates a power plant in Nicaragua for $7.5m.

21 May 2013

Alterra, EDC complete JV agreement for South American geothermal projects

Canadian geothermal developer Alterra Power has completed a joint venture agreement with Philippines-focused Energy Development Corporation (EDC) for the development of a portfolio of South American projects.

17 May 2013

MidAmerican-backed CalEnergy sees 25,000 gallon spill at geothermal plantp

A power outage at CalEnergy’s 327MW Calipatria facility, which is part owned by MidAmerican, in the US state of California has caused a leakage of about 25,000 gallons of geothermal brine from a wastewater-treatment pond.

16 May 2013

Geothermal power project in Philippines gets UN ‘green’ ok

Maibara Geothermal’s 20MW geothermal power project in the Philippine province of Batangas has been given a Clean Development Mechanism (CDM) approval from the UN Framework Convention on Climate Change (UNFCCC).

15 May 2013

Wasabi Energy aims to raise $3m through rights issuep

Wasabi Energy, which is listed in Australia and the UK, will today look to raise $3m (£1.98m) through a rights issue.

9 May 2013

US Army’s $7bn geothermal tender sees Enel, Siemens pre-qualified

Enel, Siemens and Constellation are among the companies shortlisted to build and maintain geothermal energy projects for the US Department of Defense under the first phase of a $7bn contract.

1 May 2013

US Geothermal begins drilling at El Ceibillo Project

US Geothermal has begun drilling well EC-1 at its El Ceibillo Project in Guatemala marking the next stage in the project’s development.

1 May 2013

Ormat signs 20-year PPA for 16MW Wild Rose geothermal in Nevada

Ormat has signed a 20-year power purchase agreement (PPA) with Southern California Public Power Authority (SCPPA) for its 16MW Wild Rose geothermal power plant in Mineral County, Nevada.

1 May 2013

Wasabi readies to begin pre-IPO fundraising for Asia armp

Wasabi Energy, a clean technology company dual listed in Australia and London, said preparations for a listing of its Asian subsidiary are well underway with it about to hit the fundraising trail.

22 April 2013

US business AAE wins 150MW geothermal PPA in Uganda

US-based AAE Systems has won a 150MW geothermal tender in Uganda and will now build a plant in Kasese in the west of the country.

17 April 2013

EDF walks away from 100MW Dominica geothermal project

French utility EDF has reportedly withdrawn from a 100MW geothermal project set to be developed in Dominica putting the future of the scheme in doubt.

11 April 2013

Ram Power details $49m global fundraising effortp

Geothermal developer Ram Power has opened a global $49m equity and debt offering with initial commitments of $8.489m.

4 April 2013

Ormat to supply technology for Sarulla 330MW geothermal plant

Sarulla Operations (SOL) has signed a joint operating contract and energy sales contract with Ormat for the 330MW Sarulla geothermal power project in Indonesia.

3 April 2013

Mighty River IPO offer documents to be released Fridayp

New Zealand hydro and geothermal developer Mighty River Power will progress with its initial public offering this week with offer documents expected to be made public on Friday.

26 March 2013

US Geothermal receives $33m US Treasury grant for Neal Hot Springs

US Geothermal, a renewable energy development company, has announced its subsidiary USG Oregon has received a grant of $33m from the US Department of Treasury.

21 March 2013

EDC to tap $80m loan for Phillipines wind farm project

Energy Development Corporation, the largest geothermal energy producer in the Phillipines, has agreed an $80m loan from a group of banks.

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