geothermal energy - Page 2 of 7

UK announces US$10.7 million funding for Grenada’s geothermal energy development
December 19, 2024
The UK has announced a US$10.7 million funding package to support Grenada’s Geothermal Energy Development Project. The investment will fund critical resource testing, including drilling exploratory wells to evaluate geothermal electricity potential. Source: Caribbean Loop News
Dominica advances with first geothermal power plant project
December 6, 2024
Dominica is progressing with its first geothermal power project, with site preparation for the 10 MW plant underway. Construction is expected to begin by early 2025, following the completion of excavation work. The government has signed an agreement with Ormat Technologies Inc. to finance, operate, and maintain the plant, with ownership transferring to the government […]
OECS and IRENA collaborate to advance geothermal energy in the Eastern Caribbean
December 6, 2024
The Organization of Eastern Caribbean States (OECS) has partnered with the International Renewable Energy Agency (IRENA) through the SIDS Lighthouses Initiative and the Global Geothermal Alliance to advance geothermal energy development in its Member States. The collaboration, focusing on Dominica, Grenada, St. Kitts and Nevis, Saint Lucia, and St. Vincent and the Grenadines, aims to […]
Chile enacts new law to simplify geothermal energy development and establish national registry for shallow projects
November 12, 2024
Chile has enacted new legislation to streamline geothermal energy development by amending regulations for shallow projects. The new law also establishes a National Registry for Shallow Uses of Geothermal Energy, managed by the Ministry of Energy, to oversee and track these operations. Source: ThinkGeoEnergy
Mexico’s INEEL launches international tender for geothermal well drilling
November 7, 2024
The Government of Mexico, through INEEL, has announced an international tender for drilling services to explore geothermal wells at Cerro Prieto and Las Tres Vírgenes. Source: ThinkGeoEnergy
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 […]
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
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
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