Geothermal - Page 28 of 41 - New Energy Events

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 […]
Laguna Colorada project updates from GEOLAC
April 27, 2017
At the GEOLAC conference in Mexico City, Marco Antonio Escobar Seleme, the head of the Laguna Colorada geothermal project by ENDE in Bolivia provided an update on the 100 MW project. The project recently signed a loan with JICA from Japan over $552 million for the development of the project. The geothermal potential of Bolivia along […]
Chile, Guatemala and Peru lead proposals for GDF geothermal facility
April 27, 2017
In his presentation on the experience of KfW at a risk mitigation panel of the GEOLAC conference in Mexico City, Jens Wirth, Senior Project Manager at KfW shared results of the first call of the Geothermal Development Facility (GDF). The GDF was set up as the first multi-donor climate initiative to promote geothermal energy in Latin […]
What’s holding back LAC geothermal? Five-in-five with Alexander Richter, ThinkGeoEnergy
April 13, 2017
New Energy Events interview series, Five-in-Five, features concise and incisive interviews with leading industry players. We’ll be putting five market-critical questions to each of our interviewees over the course of a five minute segment. Ahead of the Geothermal Congress for Latin America and the Caribbean (GEOLAC), New Energy Events spoke with Alexander Richter, Founder of ThinkGeoEnergy and President […]
Is Geothermal Competitive in an Era of Low Cost Renewables?
April 12, 2017
Guest Editorial written by Kevin Wallace, POWER Engineers News on power purchase rates of 40-50 $/MWh for new solar-PV plants begs the question – can geothermal be competitive, with prices challenging for any but the largest of geothermal projects? We feel geothermal still has a valuable role in the energy portfolio, if the wider […]
St. Lucia convenes today for public consultation on geothermal project
April 11, 2017
The Government of Saint Lucia (GoSL) convenes its third public consultation for its geothermal project today, where high-level representatives from the Department of Sustainable Development are expected to make informative presentations of the plans of the GoSL for geothermal exploration. The exploratory phase of the project continues with the next crucial steps being the completion of […]
Nicaragua poised for geothermal boom, defines twelve areas for development
April 7, 2017
With large private and public investments and the support of the World Bank and the IDB, Nicaragua is ready to take advantage of its high renewable energy potential. With a potential of more than 2,000 MW, Nicaragua is one of the most attractive countries in Central America when it comes to investment into geothermal energy development. In 2014, […]
Chilean geothermal plant begins operations, a first for South America
April 3, 2017
The long anticipated 48 MW geothermal power plant Cerro Pabellon has started commercial operation supplying electricity to Northern Chile. The Cerro Pabellón plant is located at an elevation of 4,500 meters above sea level in the Ollagüe commune in the Atacama Desert. The plant is the first geothermal installation in all of South America, and […]