Geothermal - Page 21 of 41 - New Energy Events

Two bids handed in for geothermal project in Bolivia
October 23, 2018
Two bids have been received for the initial 5 MW development of the planned 100MW geothermal power plant at Bolivia’s Laguna Colorada. These bids are from two international consortia, Italian Exergy in cooperation with French EPC contractor Clemessy, and Spanish construction group Sacyr with Ormat Technologies. The geothermal project will generate electricity and be connected […]
PPA and new shareholder agreement for St. Vincent geothermal project
October 23, 2018
Prime Minister Dr. Ralph Gonsalves announced that the Power Purchase Agreement (PPA) for St. Vincent’s geothermal project will be signed shortly. The agreement is between St. Vincent Electricity Services Limited, and Emera Inc. and Reykjavik Geothermal. An adapted shareholders agreement will also be signed, by which the government’s shareholding will increase to 49%, with 51% […]
Geothermal and digital interconnection hub project for Eastern Caribbean
October 18, 2018
Representatives from the Caribbean islands of St. Kitts and Nevis, Anguilla, Saint-Barthélemy, Dutch St. Maarten and Saba were received by the President of the Collectivité of St. Martin to discuss the region’s potential for geothermal energy, and the need for an inter-island digital network. The aim of the meeting was to establish concrete steps to […]
SIDS launch second phase of initiative to accelerate energy transformation
October 10, 2018
The leaders of several Small Island Developing States (SIDS) gathered with development partners for a High-Level Roundtable at the UN Headquarters to discuss new options and initiatives to accelerate energy transformation and strengthen cooperation on renewable energy. The Roundtable reviewed its Lighthouse Initiative, which “met its 2020 targets for installed capacity in renewable energy and […]
Chile to develop geothermal sector with international support
October 8, 2018
At a seminar organised by Chile’s Geothermal Council, the Minister for Energy, Ms. Susana Jiménez, announced her ministry’s collaboration with the World Bank and the IDB to develop the country’s geothermal sector. Their aim is to remove technological, market and regulatory barriers to “trigger in Chile the large-scale development of geothermal energy”. The project will […]
Efficiency and innovation stimulating geothermal industry growth
September 11, 2018
HTF Market Intelligence Consulting announced in a recent press release the publication of its ‘Global Geothermal Energy Market’ study. The report highlights growth and opportunities in the industry, with in-depth analysis of trends in different regions, including Latin America, and provides profiles of a number of leading companies. The report finds that key players are […]
Geothermal makes advances in Guatemala, Chile, Mexico
September 11, 2018
In Guatemala, Bluestone Resources INC., which recently acquired the Cerro Blanco Gold and Mita Geothermal Project, reports that flow testing of the geothermal wells is currently underway. To date, the Mita site has 19 drilled wells, with investment totalling USD 60 million. Bluestone envisions a staged approach, where phase 1 would include power produced for […]
Ecuador’s geothermal sector poised for growth
August 20, 2018
The General Manager of the Ecuadorian Electric Corporation (CELEC EP) along with Japanese Parliamentarians, recently reviewed the advances at the Chachimbiro Geothermal Project, located in the province of Imaburura. This geothermal project is Ecuador’s first, and results thus far are encouraging. Drilling has reached a depth of 2,000 meters and the downhole temperature is […]
Geothermal plant in Nicaragua reports record-level power generation
August 20, 2018
Last week Polaris Infrastructure announced its Q2 2018 results, reporting record-level power generation in the San Jacinto-Tizate Power Plant in Nicaragua. The project generated 139 GWh, resulting in a revenue of US$17.7m during the quarter. In comparison to 2017 reports, this growth represents an 11% increase in revenue which was due to higher average production […]