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Posts Tagged ‘geothermal’

16 May 2012

AFC to invest in power projects across Africap

africa2_170_170 Africa Finance Corporation, a hybrid investment bank and multilateral development financial institution, has revealed it is looking to invest in a number of energy projects across the continent.

9 May 2012

Ormat Technologies turns 2011 loss into 2012 profit

graphup_170SQ US cleantech company Ormat Technologies has recorded a first quarter net income of $8m, compared to an $8m net loss in the same period last year.

27 April 2012

Fuji Electric invests $10m in California geothermal plant

EnergySource_170SQ Japanese technology company Fuji Electric has invested $10m into a geothermal project being developed in Imperial County, California, by EnergySource.

26 April 2012

Ormat wins $60m Nevada geothermal order

Nevada_170SQ US cleantech company Ormat Technologies has been selected to provide engineering, procurement and construction services on a Nevada geothermal plant, in a deal worth $61.2m.

19 April 2012

African Development Bank, GDC start Kenya geothermal build

The African Development Bank and Kenya’s state-owned Geothermal Development Company have launched the Menengai geothermal project.

12 April 2012

Kenya geothermal developer seeks $750m investmentp

steam_170sq Kenya’s principal state-run geothermal developer hopes to secure $750m in order to drill a 3GW installation in 2013.

11 April 2012

Geothermal company to raise $163m to refinance debtp

money_040412_170 A geothermal development company will look to raise $163.9m via corporate notes in order to refinance old debt.

5 April 2012

Eight states active in geothermal across the USp

Eight states across the US now have active geothermal projects with California leading the way, a new report has found.

27 March 2012

Enel Green Power wins 3 geothermal concessions in Chile

southamerica_170 Enel Green Power has been awarded with three geothermal exploration concessions in Chile in a major expansion of its activities in the country.

24 February 2012

Stock round-up: US cleantech stocks creep upwardsp

With the US presidential elections on the horizon, issues surrounding energy are moving up the campaign agenda and cleantech stocks seem to be creeping up slowing as well.

23 February 2012

US investors targeted by ASX-listed geothermal specialistp

An Australian renewable heat specialist will look to attract the eye of US investors as it releases American Depository Receipts on over-the-counter platform OTCQX.

23 February 2012

Kenya needs investors to realise $12bn geothermal ambitionsp

Kenya’s dominant electricity provider has revealed plans to raise $12bn and set up international joint ventures in order to fund the development of six geothermal plants.

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.

6 February 2012

US Ex-Im Bank to discuss $1.5bn of Vietnamese energy projects

vietnam_flag_170SQ Fred Hochberg, chairman and president of the US Export-Import Bank is set to meet with government ministers in Vietnam to discuss $1.5bn of infrastructure projects that include thermal power and renewable energy developments.

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.

25 January 2012

US energy company sets up renewables division, open to growth opportunities

renewable-energy-general_170_170 A major energy producer, which has made a number of recent cleantech investments, has set up a dedicated green arm and is ‘open to opportunities’ as it looks to grow its footprint in the sector further.

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.

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