More Geothermal Power News

U.S. Geothermal purchases 62-MW project for $6.4mn


U.S. Geothermal (NYSE: HTM) signed a Stock Purchase Agreement to acquire Ram Power Corp.’s 62-MW Geysers project for $6.4 million in cash.

Solar thermo plant to be built alongside geothermal plant in Nevada


Enel Green Power started work on a solar power plant that will operate alongside a geothermal power plant in Nevada.

California ISO breaks solar record


Solar power production in California broke a new record on March 8 when the state’s ISO recorded a peak of 4,093-MW.

DOE funding geothermal energy cost-cutting research


The U.S. Energy Department just announced $3 million for the research and development of low-to-moderate-temperature geothermal energy resources and support a domestic supply of critical materials.

Mitsubishi-Hitachi thermal power unit begins operations


Mitsubishi Hitachi Power Systems (MHPS), a thermal power joint venture with Mitsubishi Heavy Industries and Hitachi, officially commenced business operations on Feb. 1.

Energy Department to invest $3mn to locate geothermal resources


The U.S. Department of Energy will invest $3 million to spur geothermal energy development using play fairway analysis.

Geothermal power plant begins operations in Nevada


Ormat Technologies Inc. (NYSE: ORA) completed the scope of work to bring online the 6 MW Mammoth G1 geothermal power plant in California.

International Geothermal Market Set for Development Boom


What's the next big opportunity for geothermal?

Geothermal energy joint venture completed


Alterra Power Corp. (TSX:AXY) completed a joint venture with Philippines-based Energy Development Corp. (EDC) that covers the rest of Alterra’s geothermal assets in Peru.

Enel Green Power begins operations at Utah geothermal power plant


Enel Green Power has completed its 25-MW Cove Fort geothermal power plant in Utah.

International Geothermal Market Set for Development Boom but Challenges Remain


What’s the next big opportunity for geothermal? According to panelists at Wednesday’s Renewable Energy World international geothermal session, it’s emerging markets. Kicking off the two-hour discussion, special guest Agnes Dasewicz of the U.S. Agency for International Development (USAID) explained the Power Africa initiative, which launched in June 2013.

NREL: Wind, solar energy wont need federal help by 2025


A study from the U.S. Department of Energy and conducted by the National Renewable Energy Laboratory (NREL) says that wind and solar power generation could become cost-competitive without federal subsidies by 2025.

Alterra purchases Ontario solar power project


Alterra Power Group has completed the purchase of the 50 MW ABW Solar project in Ontario in partnership with GE Financial Services.

Geothermal heat pump market to triple by 2020


After a two-year slump due to the global economic downturn, Navigant Research predicts that the geothermal heat pump market (GHP) will nearly triple to $17.2 billion by 2020, which is a “slow but steady growth” for the industry.

Oregon geothermal power plant nears completion


A certificate of substantial completion was received for the 22 MW Neal Hot Springs geothermal energy project in Oregon.

Renewable sources to power more worldwide than gas, nuclear


Power generation from hydro, wind, solar and other renewable sources worldwide will exceed that from natural gas and nuclear by 2016.

Geothermal projects in Chile, Peru in the works


Canada-based Alterra Power Corp. and the EDC has issued notice to proceed for the development of Alterra’s 320 MW Mariposa geothermal project in Chile and the Crucero, Loriscota and Tutupaca Norte concessions in Peru.

Companies awarded $7bn contracts for geothermal developments


ECC Renewables will compete with other companies to develop, build, finance, own and operate geothermal power projects on U.S. Department of Defense installations throughout the U.S.

N. America leads world in number of geothermal projects in development


North America and Asia Pacific lead the world in terms of geothermal projects in the final stages of development.

DOE issues geothermal project development roadmap


The U.S. Energy Department (DOE) issued a Geothermal Regulatory Roadmap to help developers meet regulatory requirements in order to deploy geothermal projects.