Geothermal - Page 37 of 41 - New Energy Events

St Lucia on target to begin exploratory geothermal drilling
April 17, 2016
St. Lucia recently completed surface exploration studies for geothermal resource conditions and is on track to begin exploratory drilling soon. Developing geothermal energy in St. Lucia will allow the small island state to reduce dependence on fossil fuels for energy generation. Geothermal energy will play a key role in achieving the country’s goal of sourcing […]
Could Mexico become a geothermal giant?
March 27, 2016
Mexico, the world’s fifth-largest producer of geothermal energy, is home to promising near-the-surface geothermal fields, says the U.S. Geological Survey. At present, Mexico’s geothermal plants produce 980 MW of power, about 1.6% of the nation’s electricity. Several companies are currently working with Mexico’s government to explore opportunities for future geothermal projects. While Mexico […]
Nevis to source 100% of energy from geothermal by 2017
January 27, 2016
With a population of 12,000, the island of Nevis seeks to achieve 100% renewable energy in the near future. The island currently imports 4.2 million gallons of fuel annually, which is converted into approximately 10 MW of energy. Fuel and conversion costs the island administration about $12 million annually. Deputy Premier and Minister of Tourism […]
Geothermal plants and development in Nicaragua
January 26, 2016
This week Engergia Limpia published an overview of geothermal energy projects in Nicaragua. Nicaragua currently has two geothermal fields in operation – Momotombo and San Jacinto Tizate. Additionally, there are two sites for which concessions have been issued for geothermal exploration – Monte Galan- Chiltepe Managua and Volcan Casita-San Cristobal. There are additional sites for which concessions […]
El Salvador plans to reach a 40% share of geothermal in energy mix by 2019
January 24, 2016
The government of El Salvador announced that it plans to strive to obtain 40% of its national electricity supply from geothermal power. In a statement, the Secretary of Communications of the Presidency of El Salvador, Eugenio Chicas said that this plan aims to source more of its energy from renewables. “The expectation is that at […]
Geothermal is the key to lower electricity prices in the Caribbean, says CDB
January 23, 2016
In a recent interview, Warren Smith, President of the Caribbean Development Bank and CREF Speaker, said that “geothermal is the key to cheaper electricity” in the Caribbean. Caribbean islands have great geothermal potential that could help islands to transition away from dependency on foreign oil and volatile pricing, while developing a reliable and clean energy source. […]
Nicaragua: Moderately Productive Well Drilled at San Jacinto Geothermal Site
January 4, 2016
Polaris Infrastructure recently drilled the first of three new production wells at the San Jacinto geothermal project site in Nicaragua. Polaris reports that measurements for temperatures indicate that the well will be moderately productive, although real results will be available after a 30 – 60 day heating-up period.
Geothermal development in Dominica delayed
December 18, 2015
The geothermal project in Dominica has been pushed-back but not abandoned, said Hon Minister for Energy, Ian Douglas, in a statement explaining that the government’s priority has shifted to find housing for those displaced by Tropical Storm Erika. The Minister assured that the storm has not in any way affected the project’s infrastructure and is […]
36 countries launch Global Geothermal Alliance
December 12, 2015
The Global Geothermal Alliance (GGA), launched on the sidelines of the UN climate talks in Le Bourget, with the aim of facilitating a sixfold increase in geothermal electricity production and a tripling geothermal-derived heating by 2030. At present, geothermal is growing modestly, at three to four percent per year, providing 12 gigawatts of electricity annually. […]