Geothermal - Page 27 of 41 - New Energy Events

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 […]
Dominica geothermal project moving forward
June 14, 2017
In a recent interview with local news outlet CBN4, Member of Parliament for Roseau Valley, Dr. Collin McIntyre, reported that the geothermal project of Dominica is underway in his constituency. “The geothermal project is on stream, we are looking at it in the Laudat area in terms of production and we are looking at the […]
St. Lucia geothermal project on track for drilling in 2018
June 13, 2017
St. Lucia is moving towards the next phase of their geothermal project as they complete geothermal development studies. Valerie Leon, acting Permanent Secretary in the Department of Sustainable Development, said “We are very advanced with our geothermal development. We have conducted all the geothermal studies that will give us information (and) are looking at the […]
St. Kitts geothermal project seek to establish drilling incentive program
June 12, 2017
In an interview with the press, The Hon. Ian ‘Patches’ Liburd disclosed that St. Kitts has engaged the Caribbean Development Bank and CARICOM Energy Unit to assist in the next steps for the St. Kitts geothermal project. While exploratory drilling is still required to confirm the resource and size, Teranov has established a resource between […]
13 finalists chosen for Latin American geothermal development facility
May 30, 2017
The Geothermal Development Facility (GDF) for Latin America has selected 13 finalists after the first run of expression of interests closed at the end of February 2017. Final grant approvals are anticipated for Q4 2017. The German government’s KfW Development Bank in conjunction with the European Union has launched the EUR55 million geothermal power fund […]
Mexico issues three geothermal exploration permits for Engie and Reykjavik Geothermal
May 24, 2017
Mexico is expanding its geothermal market to the private sector with a recent issuing of exploration permits for global energy companies. Mexico’s Ministry of Energy (SENER) has issued three exploration permits to ENGIE, a global energy company, and Reykjavik Geothermal, an Icelandic geothermal development company. These permits authorise their holders to spend three years exploring […]
Honduras’ Platanares geothermal project to begin operations this year
May 16, 2017
Honduras will bring 35 MW of geothermal online this year as Ormat’s Platanares project is anticipated to reach commercial operation by the end of 2017. This announcement was made by Isaac Angel, CEO of Ormat Technologies, in his presentation of Q1 2017 earnings and plans for Platanares geothermal project in Honduras. Ormat Technologies is continuing […]
Japans Orix invests in geothermal company Ormat
May 8, 2017
Japanese leasing company Orix decided Thursday to invest about $627 million in an American geothermal technology company, aiming to bring the technology to Asia to tap what it expects to be a growing market. Orix will take a 22.1% stake as early as July in Nevada-based Ormat Technologies, which designs, builds and sells geothermal power […]