Geothermal - Page 32 of 41 - New Energy Events

Japanese geothermal targets Latin America
November 30, 2016
Mitsubishi Hitachi Power Systems Ltd., a venture between Mitsubishi Heavy Industries Ltd. and Hitachi Ltd., is eyeing Latin America to export its geothermal turbines, hoping to supply equipment for projects backed by Japan’s aid agency. The company, which announced winning an order in October to supply a 55-megawatt turbine for a project in Costa Rica, […]
Ecuador plans for geothermal
November 28, 2016
Ecuador doesn’t have any geothermal online yet, it has big plans to change that. In its long term energy strategy released last month, Ecuador wants its grid to run on 90% clean energy. Geothermal potential is estimated at 1,000 MW, and the government has recognized this potential in its National Energy Agenda 2016-2040. In the National […]
Markets seek more progress on Caribbean geothermal
November 23, 2016
In a market-wide poll taken at the 2016 Caribbean Renewable Energy Forum (CREF), delegates overwhelmingly responded that islands are not acting quickly enough to develop their geothermal resource. While regional progress has been closely tracked – particularly the uptick in the past year – we have yet to see proven steam. Montserrat is digging its third well, […]
IRENA Report: Dynamic policies driving renewable energy growth in Latin America
November 22, 2016
Latin America hosts some of the world’s most dynamic renewable energy markets, according to IRENA. Countries in the region are endowed with renewable resources that make for unprecedented opportunities in solar, wind, hydro and geothermal energy. The rapid reduction in technology costs help to buoy the business case for renewables investment and with the right […]
El Salvador, Bolivia: Countries Agree to Cooperate in Installation of a 5 MW Geothermal Pilot Plant
November 13, 2016
El Salvador and Bolivia are looking forward to “an opportunity for integration [and] greater income” via a partnership that will allow short-term energy integration between the two countries. State-owned Bolivian oil company, YBFB, will become a supplier, marketer and distributor of LPG to El Salvador, while the latter country with Salvadoran company LaGeo will provide […]
St Maarten PM wants joint geothermal project
November 6, 2016
Prime Minister of St. Maarten, William V Marlin, is leading the charge for the “joint development” of geothermal energy in the Caribbean. Recent studies have confirmed the potential for the resource in Nevis, Dominica, Antigua and Barbuda. The latter country just announced its intention to study whether geothermal resources are available in sufficient quantities on […]
Dominica sets aside $15 million for geothermal project
November 2, 2016
Dominica is committing US$15 million for the development of a geothermal project that has been in a test phase since 2012. Although recent inclement weather has challenged the financial security of the project, the government still views the project as a priority. Part of the commitment involves a partnership with New Zealand for the development […]
New geothermal legislation for Dominica
November 1, 2016
Dominica has passed a new piece of legislation: the Geothermal Resources Development Act. The Act includes a regulatory framework and establishes an advisory committee of no more than 6 people comprised of the Permanent Secretary for energy, the Executive Director of the IRC, the Chief Physical Planner, a senior state attorney, and senior technical public […]
Dominica will develop geothermal project alone
October 27, 2016
Dominica’s prime minister announced the government plans “to go it alone with regards to this small plant”, referring to the geothermal project which has been years in the making. New Energy Events has tracked the progress of the Dominica project, which as of May 2016 was seeking a private partner with $50m from the World […]