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Geothermal

  • Geothermal power plant

    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 Plant

    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 […]

  • Geothermal power plant

    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

    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 […]

  • Enel Chile to add 30 MW to Cerro Pabellon

    August 1, 2018

    Enel Chile will be installing 600 MW of renewables sources in the country. The company has executed a three-layered plan. The first and second will see the development of a 380 MW solar park in the regions of Antofagasta and Atacama and a 100 MW wind park between the regions of Biobío and Araucanía. The […]

  • Promising results at Nevis geothermal drilling site

    August 1, 2018

    Thermal Energy Partners (TEP) has provided details on their successful drilling efforts on the Island of Nevis. This discovery has made the company confident that the resources in the island are economically viable and have the potential to supply power to the island resident and industries. Given the high temperatures of the geothermal resources, TEP […]

  • Mexico announces new US$50m program for geothermal development

    August 1, 2018

    Mexico announced a new geothermal risk transfer program aimed at reducing exploratory risk and financial barriers for developers. The program, developed by the Inter-American Development Bank through the Clean Technologies Fund with NAFIN, SENER, and INEEL has the objective of increasing geothermal electricity capacity in Mexico by easing several key barriers. The financing component of […]

  • Chile has potential to attract US$ 20b in investments for geothermal

    July 30, 2018

    The Geothermal Roundtable of Chile has issued its final report which highlights the potential of creating over 3,800 MW of geothermal energy. Requested by the Geothermal Council of Chile and the Ministry of Energy, the report comes at the conclusion of 13 workshop sessions with the Geothermal Roundtable which were held during 2017. In terms […]

  • Nevis will focus on geothermal energy only for its renewables

    July 23, 2018

    In pursuit of a sustainable energy program the federal government, will concentrate its efforts in geothermal energy, and therefore will not be actively pursuing other forms of renewable energy. The Hon. Mark Brantley, premier of Nevis and the Minister of Energy, stated that geothermal developers believe that the island has enough resources to satisfy the […]

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