Geothermal - Page 40 of 42 - New Energy Events

Montserrat Geothermal – Third Well will be Drilled in early 2016
September 16, 2015
Montserrat geothermal projects to move forward next year. Funded by the UK Department for International Development (DFID), a third geothermal well will be drilled in Montserrat. Following on the heels of two other wells that are each currently producing 1.5 MW of power, this new well hopes to bring Montserrat geothermal production to ~5 MW.
Teranov and the Government of St Kitts join forces for the development of geothermal energy
September 10, 2015
Announced today in an email sent by Teravov to the market, the Government of St Kitts-Nevis and Teranov will join efforts to establish a public-private partnership, with the ultimate goal to generate electricity via a geothermal power plant. A Memorandum of Understanding, committing the two parties and governing the terms of this collaboration, has now […]
Indonesia and Costa Rica Sign Geothermal Cooperation Agreement
August 28, 2015
Indonesia and Costa Rica have signed a framework to increate bilateral cooperation between the two countries. According to the Jakarta Post, the Indonesia Foreign Minister Rento LP Maraud and Costa Rica’s Foreign Minister, Manuel Gonzalez Sanz, signed an agreement of cooperation on Sunday of last week. Though the agreement includes multiple sectors, such as disaster […]
El Salvador Geothermal: Drilling Starts on Well for 10 MW Power Plant
August 28, 2015
El Salvador geothermal takes another step forward. The government of El Salvador announced that drilling at the Chinameca geothermal site started this week. The well will produce an estimated 8 – 10 MW of energy by 2017. By 2019, the site will produce 50 MW annually. According to Comisión Ejecutiva Hidreléctrica del Río Lempa, David […]
Geothermal Project in Chile Heats Up
August 27, 2015
Chile’s first geothermal project comes to life. After 40 years of exploration and drilling, drilling for Chile’s first geothermal project at Cerro Pabellón is finally underway. Marcelo Tokman, General Manager of Chile’s utility, ENAP, highlighted the importance of geothermal exploration in a region that is heavily dependent on fossil fuels. ENAP shares ownership of the plan […]
Mexican Geothermal Projects in the Works
August 13, 2015
Groupo Dragon and the Federal Electricity Commission are in talks to develop a Mexican geothermal project. According to feasibility studies, 700 MW of Mexico’s potential 5000 MW can be easily developed.
Ormat closes $42 refinancing for Amatitlan Geothermal Plant in Guatemala
August 13, 2015
Updates regarding the Amatitlan Geothermal Plant in Guatemala. In their second quarter results report, Ormat Technologies disclosed a $42 million loan agreement to refinance the Amatitlan geothermal plant in Guatemala with Banco Industrial S.A. and its affiliate Westrust Bank. Funding is expected shortly. Here to read the full press release.
US Geothermal starts drilling 2nd well in Guatemalan project
August 11, 2015
U.S. Geothermal Inc. has announced significant developments in geothermal projects. The Company’s subsidiary, U.S. Geothermal Guatemala, started drilling well EC-2 at the El Ceibillo Project this week. At the El Ceibillo project in Guatemala, drilling started on Well EC-2 which has a planned depth of 1,968 feet (600 meters). EC-2 will test a high temperature anomaly […]
Geothermal Tests in Grenada Yield Positive Results
August 6, 2015
Geothermal surveys and testing in Grenada has yielded positive results. The presence of a rock/clay cap indicates that there is likely to be hot water and steam underground that can be tapped for electricity generation. Additionally, water at the site was found to be non-corrosive, which means that it can be pipped to the Earth’s […]