Geothermal Archives - Page 3 of 14

Chec, Ecopetrol, and Baker Hughes partner to develop geothermal energy in Colombia’s Nereidas Valley
October 24, 2024
The Caldas Hydroelectric Power Plant (Chec), Ecopetrol, and Baker Hughes have partnered to develop geothermal energy in Colombia’s Nereidas Valley near Nevado del Ruiz volcano. Led by Julián López Palacio, the project aims to harness underground heat for electricity generation, enhancing the country’s energy grid. If current drilling succeeds, the project could generate up to […]
Colombia plans a geothermal energy bidding round
October 10, 2024
Colombia is preparing a bidding round for geothermal energy licenses as part of its efforts to transition from fossil fuels. The process, led. by the Ministry of Mines and Energy, is expected to start by the end of this year. Colombia is also organizing an offshore wind auction and has resumed seven suspended oil and […]
Dominica is set to complete its first geothermal power plant by December 2025
October 10, 2024
Dominica is on track to complete its first geothermal power plant by December 2025, backed by a US$38.9 million contract with India’s Kalpataru Projects. Source: Caribbean National Weekly
Ecuador and Japan sign US$43 million loan agreement for a geothermal project
October 10, 2024
Ecuador and Japan signed a US$43 million loan agreement for the Chachimbiro geothermal project in Imbabura, Ecuador, which aims to achieve 50 MW of installed capacity. Source: ThinkGeoEnergy
Ecuador tenders for consultants for geothermal power plant project at Chachimbiro Site
July 19, 2024
The Ecuadorian Government, through the Electric Corporation of Ecuador (CELEC), has issued an invitation for Expressions of Interest (EOI) and financial proposals for consulting services related to the construction of a geothermal power plant at the Chachimbiro site. Source: ThinkGeoEnergy
Nicaragua launches tender for geothermal development at Cosigüina Volcano
July 5, 2024
The Nicaraguan Ministry of Energy and Mines has launched an international tender seeking companies specializing in deep well drilling to develop geothermal energy at the Cosigüina volcano. Interested firms must submit proposals by August 19, 2024. Source: ThinkGeoEnergy
Chile Senate approves simplified regulations for shallow geothermal energy projects
June 19, 2024
The Senate of Chile has approved a new proposal to simplify regulations for shallow geothermal energy projects. This proposal aims to exempt projects using geothermal resources less than 400 meters deep and at temperatures below 90°C from the current concession system. This change recognizes the distinct nature of shallow geothermal systems, which differ significantly from […]
Colombian engineers win first place in DOE’s geothermal energy competition
June 19, 2024
Two Colombian doctoral students at the University of Oklahoma won first place in the technical session of the University Geothermal Energy Competition hosted by the United States Department of Energy. Source: Piensa Geotermia
St. Kitts and Nevis Prime Minister explores partnership for geothermal project
May 3, 2024
St Kitts and Nevis Prime Minister, Dr. Terrance Drew, has had discussions with UAE-based investment firm K&K Group regarding the development of the much-touted geothermal project in Nevis. Source: ThinkGeoEnergy