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Posts Tagged ‘geothermal’

6 August 2009

US energy holding company NV Energy seeks proposals for renewable energy resourcesp

US energy holding company NV Energy, through its two Nevada-based utility subsidiaries have issued a Request for Proposals (RFP) for renewable energy resources.

4 August 2009

Sarah Slusser joins geothermal investment firm GeoGlobal Energy

Geothermal investment and development company GeoGlobal Energy (GGE), has appointed Sarah Slusser as a managing partner in the role of executive vice president.

3 August 2009

U.S. Geothermal signs deal to privately place subscription receipts

U.S. Geothermal has signed an agreement with a syndicate of Canadian investment dealers, which will privately place 8,100,000 subscription receipts, totaling approximately CAN$10,935,000.

3 August 2009

US venture capital investment in cleantech rises to $572m, led by solar and efficiency dealsp

US venture capital investment in cleantech companies in Q2 2009 reached $572m, an increase of 73 per cent in terms of capital, with 48 financing rounds, a 100 per cent increase in number of transactions compared to Q1 2009, according to an Ernst & Young analysis based on data from Dow Jones VentureSource.

3 August 2009

Energy technology company Raser appoints Jim Spellman to lead plug-in hybrid team

Energy technology company Raser Technologies has appointed Jim Spellman to take over the leadership of the company's plug-in hybrid team. Patrick J Schwartz will step down as president of Raser Technologies to pursue other opportunities, according to a statement.

31 July 2009

Renewable energy developer GreenHunter Energy lawsuit dismissed

Renewable energy developer GreenHunter Energy has seen the lawsuit brought against it by Orion Ethanol, Inc. dismissed by the United States District Court in Kansas.

31 July 2009

Nevada Geothermal Power’s director Richard Campbell steps down

Richard Campbell is stepping down from his position of director of Nevada Geothermal Power with immediate effect.

30 July 2009

US renewable energy production rises six per cent in first third of 2009, according to reportp

Production of renewable energy for the first third of 2009 was six percent higher compared to the same time period in 2008. Moreover, in April 2009 alone, renewable energy sources accounted for 11.1 per cent of domestic energy production and exceeded the amount contributed by nuclear power, according to the latest issue of the Monthly Energy Review by the US Energy Information Administration.

27 July 2009

Listed geothermal power company Magma Energy Corp. to acquire stake in Icelandic geothermal energy producer HS Orka, from Geysir Green Energy

Listed geothermal power company Magma Energy Corp. has agreed to acquire an interest in Icelandic geothermal energy producer HS Orka, from Geysir Green Energy.

23 July 2009

Magma Energy begins initial drilling at 140MW Chilean geothermal resource

Geothermal energy company Magma Energy Corp. has begun testing at the geothermal reservoir at its Maule property, 300km south of Santiago in Chile.

23 July 2009

Geothermal company Raser Technologies restructures $15m line of credit

Geothermal company Raser Technologies has restructured its existing $15m line of credit, funded by certain stockholders of the company.

22 July 2009

Arrow to build geothermal plants in Indonesia

Arrow Resources Development has entered into an agreement with Four Crystal Funding and GTherm for Four Crystal to invest $10m at a price of $1 per share of Arrow common stock.

16 July 2009

Geothermal energy the most efficient renewable energy alternative, according to new studyp

Geothermal and wind energy are the most efficient forms of renewable energy, and are yielding greater returns on the R&D invested in them, than most other renewable energy alternatives, according to a new study from NYU Stern.

15 July 2009

UK releases plans to be at forefront of low carbon economic revolutionp

The UK has released its Low Carbon Transition Plan to plot out how it will meet the cut in emissions set out in the budget of 34 per cent on 1990 levels by 2020. A 21 per cent reduction has already been delivered - equivalent to cutting emissions entirely from four cities the size of London, according to the Department of Energy And Climate Change.

9 July 2009

Sorsogon city approves geothermal expansion project in The Philippines

The government of Sorsogon City, The Philippines, has endorsed the Bacon-Manito geothermal expansion project developed by Energy Development Corp.

7 July 2009

Geothermal company Magma Energy Corp closes public offering

Magma Energy Corp, a US geothermal company, has closed its previously announced initial public offering of common shares. Following this, Magma issued 66,667,000 common shares at a price of CAN$1.50 per common share, for aggregate gross proceeds of CAN$100,000,500.

7 July 2009

Geothermal company Raser Technologies closes sale of $25.5m of common stock

Raser Technologies, a US geothermal power company, has closed the sale of approximately $25.5m of its common stock and warrants in a registered direct offering. Net proceeds from the sale are $23.8m.

7 July 2009

Route 66 Alliance endorses electric vehicle Green Roadway Project

The Green Roadway Project demonstrated its new clean energy technology on old Route 66 and has received the backing of the Route 66 Alliance.

1 July 2009

Drilling begins at Paralana geothermal joint venture project

Geothermal energy developer Petratherm and its joint venture partners Beach Petroleum and TRUenergy Geothermal have began drilling has begun at the Paralana Geothermal Project site in Australia.

1 July 2009

Southern California Edison calls for renewable energy projects

Southern California Edison, a US utility for renewable energy, has called for more renewable contracts, with all forms of electricity welcome.

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