GEOLAC Market News - Page 30 of 32

Geothermal is an important element of Costa Rica’s renewable energy future
October 23, 2015
Costa Rica aims to become the first CO2 neutral nation by 2021. “From January to October, we produced 98.7% of our electricity from renewable energy”, says Elbert Duran, communications director of the Costa Rican Institute of Electricity (ICE). Next year, the country plans to achieve 100% green electricity. While hydropower has been the first source of […]
Call for proposals to cooperate in geothermal energy in Mexico
October 22, 2015
The Mexican National Council of Science and Technology (CONACYT) and the Energy Secretariat (Sener) have launched a call for International Cooperation Research and Development between Mexico and the European Union in Geothermal Energy. Project priorities include research, development and technological innovation in energy sustainability. The call was issued jointly with the European Commission, within the […]
Chile Cerro Pabellón plant expected to start operations by mid-2017
October 6, 2015
ENAP and Enel Green Power estimate that the Cerro Pabellón plant in Chile will start operations in mid-2017. According to Marcelo Tokman, CEO of ENAP, major components of the plant must be pre-assembled and delivered to the site due to the high-altitude of the project location. The 48 MW plant will be built at 4,500 meters […]
St. Kitts & Nevis Push Forward with Geothermal Development
September 29, 2015
After signing a Memorandum of Understanding with a company from Guadeloupe to develop geothermal energy in St. Kitts over the next five years, Premier Honorable Vance Amory assured residents of the island of Nevis that St. Kitt’s pursuit of geothermal will not delay geothermal development in Nevis. On the contrary, geothermal development in St. Kitts […]
Enel Green Power Hosts Representatives from Communities near Cerro Pabellón Geothermal Site
September 22, 2015
Enel Green Power has invited representatives from communities that surround live in the areas surrounding the Cerro Pabellón Geothermal site to Italy to view a geothermal power plant in action. Though this visit, which took place from September 15 – 18, community members were introduced to the technology, entrepreneurs and local leaders who spoke on […]
Enel Green Power and El Salvador formalize split over LaGeo
September 16, 2015
Ending a saga that started in 2007, El Salvador gained full control this week of LaGeo, “one of the largest geothermal companies in Central America. LaGeo was a joint venture between Enel Green Power and state-owned outfit Inversiones Energeticas S.A. de C.V.”
Montserrat Geothermal – Third Well will be Drilled in early 2016
September 16, 2015
Montserrat geothermal projects to move forward next year. Funded by the UK Department for International Development (DFID), a third geothermal well will be drilled in Montserrat. Following on the heels of two other wells that are each currently producing 1.5 MW of power, this new well hopes to bring Montserrat geothermal production to ~5 MW.
Iceland Drilling Co awarded geothermal contract in Nicaragua
September 14, 2015
Iceland Drilling Co. has been awarded a contract to drill two new production wells at the San Jacinto-Tizate Geothermal site in Nicaragua. The wells will have a production capacity of 72 MW. Addtionally, Iceland Driling Co. will work to improve four existing injection wells. The project award was given by Polaris Energy Nicaragua SA (PENSA). […]
Teranov and the Government of St Kitts join forces for the development of geothermal energy
September 10, 2015
Announced today in an email sent by Teravov to the market, the Government of St Kitts-Nevis and Teranov will join efforts to establish a public-private partnership, with the ultimate goal to generate electricity via a geothermal power plant. A Memorandum of Understanding, committing the two parties and governing the terms of this collaboration, has now […]