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Posts Tagged ‘geothermal’

3 January 2012

US renewables share increases over 2011p

US-flag_170_170 New figures show that for the first nine months of 2011 the share of power that renewable energy provided increased to 11.95 per cent, up from 10.85 per cent for the same period in 2010.

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.

15 December 2011

NewNet Investor Profile: Allan Baker, Société Généralep

socgen_baker_170 Opportunities within an increasingly global market, coupled with the emergence of favourable regulatory environments, has seen lending to renewable energy projects come to be viewed as an integral business line for banks such as Société Générale.

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.

28 November 2011

New Zealand renewable energy utility to be put up for sale

A major hydropower producer in New Zealand may go up for sale as a number of government assets look to be released.

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.

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.

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.

18 October 2011

Ram Power expands Nicaraguan geothermal plant

fire_170sq Geothermal energy developer Ram Power has completed the latest stage in a 36MW expansion of its power plant located at San Jacinto-Tizate, Nicaragua.

14 October 2011

Djibouti launches $19.6m geothermal programme

The African country of Djibouti is targeting a $19.6m spend on a two-year exploration programme for geothermal power.

26 September 2011

Ormat finalises $350m loan for Nevada geothermal plants

Nevada_170SQ US geothermal and energy recovery company Ormat Technologies has signed documentation for a 20-year, $350m loan with the John Hancock Life Insurance Company.

22 September 2011

Geothermal company GeoTek reinforces management team

Geothermal technology specialist GeoTek Energy has bolstered its management team with the appointment of Louis Capuano and Hezy Ram to its management team.

19 September 2011

EBRD launches €200m clean energy fundp

The EBRD has launched a new fund – the first of its type – to expand the capacity of Turkey and neighbouring countries in the Western Balkans and the Caucasus to tap into cleaner energy resources.

9 September 2011

US allocates $38m for geothermal technology development

steam_170sq1 US Energy Secretary Steven Chu has allocated $38m over three years to accelerate the development of geothermal energy technologies.

6 September 2011

WHEB invests in Norwegian geothermal company Green Energy Group

Euro-money_170_170 European cleantech private equity investor WHEB Partners has made an investment in Green Energy Group (GEG), an Oslo-based supplier of small-scale, containerised geothermal power plants.

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