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geothermal

20 February 2012

Wasabi Energy installs geothermal unit at Japanese hot spring

AIM-listed cleantech developer Wasabi Energy has completed installation of the first Kalina Cycle EcoGen unit at a Japanese hot spring.

15 February 2012

SPX to provide components for Kenya’s largest geothermal plant

The US-based SPX has been contracted to supply four advanced direct contact condensers for a geothermal project in Kenya being developed by Hyundai Engineering.

2 February 2012

Philippines to sell off hydro, geo projects under power privitisationp

A number of renewable energy assets in the Philippines are likely to be sold off as part of a privatisation programme being undertaken by the government.

13 January 2012

Corporate pencils in 2012 IPO for energy armp

IPO_170_170 The power arm of a major corporation has confirmed it will carry out a floatation in 2012, despite the volatile stock markets.

9 January 2012

Hawaiian utility set to launch geothermal RFPp

A Hawaiian utility is on the brink of launching a request for proposals as it looks to tape into its geothermal resources.

5 January 2012

Turkish conglomerate to make geothermal, wind investmentsp

A Turkish export business plans to make $1bn in a diversified set of investments during 2012, with plans to commit capital to the wind and geothermal sectors.

19 December 2011

Novusmodus leads £12m investment into Geothermal International

Irish investment group ESB Novusmodus has led a £12m investment into UK-based ground source heat pump specialist Geothermal International.

12 December 2011

Geothermal developer Gradient Resources raises $63m

Nevada, US-based developer of geothermal power Gradient Resources has raised $63m, according to a filing with the Securities & Exchange Commission.

2 December 2011

Mustang acquires new geothermal concessions in Peru

southamerica_170 Listed energy developer Mustang Geothermal has acquired three additional geothermal exploration concessions in southern Peru through the government application process.

23 November 2011

Geothermal heats up, still lacks financep

The geothermal energy industry is on the verge becoming a major technology in the clean power mix but the main issue, as with many innovations in cleantech, is cost.

21 November 2011

US systems manufacturer PowerVerde agrees to acquire Cornerstone Conservation

dollars_170SQ US renewable energy system manufacturer PowerVerde has signed a binding letter of intent to acquire geothermal system developer the Conerstone Conservation Group.

17 November 2011

U.S. Geothermal secures $9m loan for San Emidio project

steam_170sq1 Renewable energy developer U.S. Geothermal has signed a bridge loan agreement between its subsidiary USG Nevada and Ares Capital.

14 November 2011

Geothermal leases up for the taking in the USp

Two geothermal leases are up set to be up for grabs in early 2012, giving developers the opportunity to invest in commercial development opportunities.

11 November 2011

NYSE-listed company looks to raise $1.5bnp

An NYSE-listed cleantech company will look to attract investors as it aims to raise $1.5bn in a mixture of debt and equity.

4 November 2011

Philippines to hold bids for renewable energy project operatorsp

Two auctions that will appoint operators for renewable energy power projects based in the Philippines will be held in early 2012.

2 November 2011

Green Rock, New World Energy form geothermal JV in Australia

Australian geothermal developers Green Rock Energy and New World Energy have formed a joint venture for the development of both companies’ geothermal exploration permits in the North Perth Basin, Western Australia.

1 November 2011

Geothermal developer Ormat issues $150m bond offering

US geothermal developer Ormat Technologies, through its wholly-owned indirect subsidies, has issued $152m worth of Series A bond notes with maturity due on 31 December 2032.

1 November 2011

EnLink selected to work on award winning geothermal project

US geothermal heat pump developer EnLink Geoenergy Sciences has won a $3.8m contract to provide part of the GHP system for Ball State University in Indiana.

31 October 2011

Geothermal Engineering gets £6m to develop series of projects

UK-based Geothermal Engineering has been awarded more than £6m by a government fund.

25 October 2011

Ormat wins five geothermal exploration concessions in Chile

US geothermal developer Ormat Technologies has been awarded five exploration concessions in Chile allowing it to study potential geothermal sites.

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