Posts Tagged ‘geothermal’

6 May 2009

Western GeoPower acquires land lease for geothermal plant in California

Western GeoPower Corp, a Canadian renewable energy company, has acquired 3,000 acres of private geothermal leases with a geothermal reservoir in California. The grant gives Western GeoPower the right to develop the site and build a plant for electricity generation.

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5 May 2009

Oregon Institute of Technology installs geothermal system

The Oregon Institute of Technology will use a geothermal system to provide approximately 20 per cent of the electricity demand on its campus and is set to be the first geothermal power production facility in the region.

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27 April 2009

Canadian renewable energy company Polaris Geothermal completes second tranche of non-brokered private placement

Canadian renewable energy company Polaris Geothermal has completed the second tranche of a non-brokered private placement of units.

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24 April 2009

US clean energy company Calpine announces sale of common stock

Calpine Corporation has announced today that private investment firm Harbinger Capital Partners, through its Harbinger Capital Partners Master Fund I, has agreed to sell 20,000,000 shares of the company's common stock in a registered public secondary offering.

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23 April 2009

Raser Technologies establishes new US geothermal power plant

Energy technology company Raser Technologies, Inc., together with Utah Governor Jon Huntsman, have formally opened its Hatch geothermal power plant near Thermo, Utah.

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22 April 2009

Sierra Geothermal Power Corp and Da’naxda’xw/Awaetlala Nation sign geothermal agreement

Sierra Geothermal Power Corporation has signed an agreement with Da'naxda'xw/Awaetlala Nation to develop geothermal power projects in their traditional lands within British Columbia, Canada.

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22 April 2009

Canadian company Cascade Technologies to pursue renewable energy projects

Cascade Technologies, a gas analyser developer, will pursue projects in renewable energy, in particular solar, wind and geothermal opportunities.

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21 April 2009

Raser Technologies welcomes Utah Governor Jon Huntsman to geothermal plant

Raser Technologies, a US energy technology company, welcomed Utah Governor Jon Huntsman to its geothermal power plant in Utah as part of a tour of the state's renewable energy zone and the signing of two new energy bills: House Bill 430 and Senate Bill 76.

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20 April 2009

Panax Geothermal awarded $7m for geothermal project in South Australia

Australian renewable energy company Panax Geothermal has been awarded a $7m grant under the Commonwealth Government's Department of Resources, Energy and Tourism ‘Geothermal Drilling Programme' to finance the drilling of a production well in South Australia.

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16 April 2009

Asian Development Bank and Japan Bank for International Cooperation fund Indonesian geothermal project

The Asian Development Bank and the Japan Bank for International Cooperation is reported to have funded a geothermal power plant project in Indonesia.

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14 April 2009

Western GeoPower Corporation appoints John Copeland as acting chairman of the board of directors

Canadian renewable energy company Western GeoPower Corporation has appointed John Copeland as acting chairman of the board of directors.

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9 April 2009

Sierra Geothermal Power accelerates acquisition of Cayley Geothermal Corporation

Vancouver-based renewable energy company Sierra Geothermal Power has signed an agreement to accelerate its acquisition of Cayley Geothermal Corporation.

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6 April 2009

Greenearth Energy establishes Indonesian geothermal exploration and development company

Greenearth Energy, through its subsidiary Green Earth Power, and in collaboration with Geo Energy, International Investment Resources and Indonesia's Santini Group, has launched an Indonesian geothermal exploration and development company, PT Geo Power Indonesia.

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1 April 2009

US venture capital investment in cleantech and renewable energy exceeds $836.1m in Q1 2009p

Venture capital investment in clean energy totaled $836.1m in 59 deals in the first quarter of 2009, according to a recent report, with numbers approximately back to 2007 levels.

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1 April 2009

Grasslands Entertainment signs subscription agreements with two renewable energy companies

Grasslands Entertainment, a US television programme producer, has signed subscription agreements with Caldera Geothermal and Enerasia Renewable Corporation, providing for the acquisition of Caldera and Enerasia's assets.

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31 March 2009

Minotaur Exploration takes stake in geothermal company Petratherm

Australian mining exploration company Minotaur Exploration has acquired 2 million shares in Petratherm and now holds 32 per cent.

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27 March 2009

Indonesian state banks invest $80m in geothermal plant

Three Indonesian state banks have put forward a syndicated loan of $80m to fund the construction of PT Geo Dipa Energy's geothermal plant in West Java. Bank Negara Indonesia will lead the syndicate which will include PT Bank Mandiri and PT Bank Rakyat Indonesia.

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26 March 2009

US renewable energy experiences double digit growth as traditional fossil fuels decline, according to reportp

Non-hydro renewable sources of electricity enjoyed double-digit growth during the past year while coal, natural gas, and petroleum experienced notable declines and nuclear power remained stagnant, according to the latest figures published by the US Energy Information Administration (EIA).

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26 March 2009

Raser Technologies and Copper King Mining Corporation sign geothermal lease deal

Raser Technologies, an environmental technology company, and Copper King Mining Corporation have signed a geothermal lease agreement covering areas in southwestern Utah, US. Financial terms of the lease were not disclosed.

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26 March 2009

Arizona Public Service Company requests renewable energy from projects in the area

Arizona Public Service Company, Arizona's largest electricity utility, has submitted a Request for Proposal for renewable energy generated from small projects in the area.

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