Geothermal - Page 33 of 41 - New Energy Events

OPIC Board approves $135m financing for Ormat geothermal project in Honduras
September 21, 2016
The Platanares geothermal project by Ormat Technologies in Western Honduras will receive financing of US$135 million from OPIC, as part of a US$1 billion commitment by the organization to fund new development projects. The Overseas Private Investment Corporation (OPIC) approved the investment for the development, construction, and operation of the 35 MW Platanares plant. As […]
St. Vincent moves forward with 10-15 MW geothermal project
September 20, 2016
The Energy Unit and the St. Vincent Geothermal Company will host two public meetings next week to discuss the ongoing geothermal energy project near the La Soufriere Volcano. As work continues on the 10 to 15 MW plant, the two agencies have decided to host sessions to inform the public of advancing plans. The first […]
Nevis Geothermal Developer Signs MOU with Antigua and Barbuda
September 15, 2016
Antigua and Barbuda signed a Memorandum of Understanding with Thermal Energy Partners (TEP) to develop a 10MW geothermal project. This is Thermal Energy Partners second MOU in the Caribbean, signaling the company’s further commitment to the region. Read more here: http://www.caribjournal.com/2016/09/03/antigua-barbuda-develop-geothermal-energy/#
Montserrat Geothermal Project to Commence Drilling on Third Well
September 13, 2016
The Icelandic Drilling Company, contracted by the UK’s Department for International Development (DFID), has offloaded their drilling equipment at the site of the third well in Monserrat and drilling will begin soon. It has taken longer than anticipated to prepare the site, as the terrain was rough, rocky and covered in layers of deposited ash. […]
Inter-American Development Bank to finance $103.4m renewable power project in Nicaragua
September 13, 2016
Nicaragua will get support from the Inter-American Development Bank (IDB) for geothermal projects in the Cosigüina field. Located in the northwestern part of the country, the site will facilitate studies to ascertain the technical feasibility of a commercial-width well. It will also be the location for product development of mechanisms used to attract private investment. […]
Geothermal energy exploration in Antigua
September 6, 2016
A partnership between the Government of Antigua and Texas-based Thermal Energy Partners could provide geothermal energy to power a turbine 24 hours a day. Prospecting in the southwest of Antigua and Barbuda will begin once an MOU has been signed between the two entities; the Antiguan Cabinet has thus authorized the Prime Minister to sign […]
Think GeoEnergy on small-scale geothermal
September 3, 2016
Small-scale geothermal projects in the Caribbean have the potential to to speed up development in the industry and drive growth in related industries across the region. Geothermal is often associated with utility-scale projects due to the risks associated with feasibility of development. Small-scale projects may provide off-grid solutions for isolated areas and island grids. The […]
Costa Rica adds 165 MW of geothermal to the pipeline
September 1, 2016
Another 165 MW of geothermal energy is in the pipeline for Costa Rica. An expansion of the Las Pailas plant is expected to generate between 35 and 55 MW starting in 2018. The Central American country leads in Latin America when it comes to the utilization of geothermal energy; a total of 207 MW of […]
El Salvador: Harvesting Geothermal Energy
July 19, 2016
In El Salvador, a solution to the waste heat and steam produced by geothermal plants is helping women earn more money while also battling climate change. LaGeo, El Salvador’s power generation firm, came up with a plan to put dozens of women from 15 rural communities to work; the initiative has indirectly benefited 45,570 people […]