Geothermal - Page 26 of 41 - New Energy Events

First geothermal plant in Honduras begins commercial operation
September 28, 2017
Honduras joins its neighbors as a geothermal producing country: just this week Ormat Technologies announced its 35 MW Platanares geothermal project has commenced commercial operation. Platanares will sell power under a 30 year PPA with national utility, ENEE, and is expected to generate yearly revenues of $33million on average. Ormat has a Build, Operate, and […]
Guatemala’s El Ceibillo geothermal project awarded grant
September 28, 2017
U.S. Geothermal Guatemala S.A., a wholly owned subsidiary of U.S. Geothermal, Inc., has been awarded a $825,319 grant from the U. S. Trade and Development Agency (USTDA, https://www.ustda.gov/). The grant provides funding for a feasibility study on the El Ceibillo Geothermal Power Plant Project, which will be led by POWER Engineers, Incorporated, headquartered in Hailey, Idaho. […]
Nevis geothermal project to begin drilling phase in early October
September 26, 2017
Nevis Renewable Energy International (NREI) geothermal developers are preparing for the commencement of the project’s first phase. In a Sept 12th interview, local NREI representative – McLevon “Mackie” Tross, said the drilling phase will begin in the first week of October, with production well drilling planned for early 2018. “We expect the equipment to be arriving […]
Drilling rig soon to arrive at Nevis geothermal project
September 12, 2017
With limited news over the past few months, the developer of the geothermal project on Nevis in the Caribbean has now announced that it was able to clear the site for the drilling rig a mere four days prior to the arrival of Hurricane Irma. With the completion of the preparation, the Nevis Geothermal project […]
Geothermal leaders meet in Central America to explore increased geothermal capacity
August 23, 2017
Central American countries are world leaders in terms of installed geothermal energy, but have the potential for 20 times current installed capacity. This geothermal potential could serve as a key tool to low-carbon economic development, according to the International Renewable Energy Agency (IRENA), if regional governments can adopt the policy and regulatory frameworks necessary to […]
Dominica geothermal project secures financing as plant designs expected shortly
August 9, 2017
After securing a project manager in June, Dominica’s geothermal project continues to move forward and designs for the plant are expected to be completed by Q3 2017. “In June of this year, the government of New Zealand recruited a project manager who is now engaged with DGDC,”Prime Minister Roosevelt Skerrit told legislators recently, adding “funding […]
Nicaragua seeks $15m for geothermal project from Climate Investment Fund
August 5, 2017
Reported this week, the Nicaraguan Government together with the World Bank have sought the approval of $15 million from the Climate Investment Fund for Nicaragua’s Geothermal Development Plan. As reported by Energia Limpia XXI the Climate Investment Fund is now studying the approval of the bid for $15 million allocation in funds ($7.7 million in grant and […]
Montserrat geothermal project to soon resume drilling on third well
July 27, 2017
Following news on the drilling campaign for the third well of the geothermal project on Montserrat in the Caribbean, things had turned a bit quiet. Local news outlet Montserrat Reporter now reported earlier this month, that work on this third well is to resume soon. There seem to have been some problems with the drilling […]
Nicaragua’s San Jacinto geothermal plant drilling additional wells
June 20, 2017
Polaris Energy Nicaragua and geothermal drilling specialist Iceland Drilling Company (IDC) have signed a contract to drill additional wells at the San Jacinto-Tizate Geothermal Power plant in Nicaragua. In 2016, three new wells were drilled by the company and a workover conducted for four existing wells. The current drilling project started last month and already last […]