commercial geothermal News
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The GRC Awards - Seeking the Best in Global Geothermal Energy
The Geothermal Resources Council (GRC) is pleased to announce the opening of nominations for this year’s GRC Awards. The awards recognize distinguished colleagues in the geothermal community from around the world and have been a highlight of the geothermal calendar since the late 1970’s. The winners will be honored at the GRC Awards Luncheon, the climax to the GRC Annual Meeting ...
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Deadline Nears for Global Geothermal Awards
The Geothermal Resources Council (GRC) would like to remind the global geothermal community to make their nominations for this year’s GRC Awards. The awards recognize distinguished colleagues in the geothermal community from around the world and have been a highlight of the geothermal calendar since the late 1970’s. The deadline for nominations is Friday, June 16. The winners will be ...
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The GRC Awards - Seeking the Best in Global Geothermal
The Geothermal Resources Council (GRC) is pleased to announce the opening of nominations for this year’s GRC Awards. The awards recognize distinguished colleagues in the geothermal community from around the world and have been a highlight of the geothermal calendar since the late 1970’s. The winners will be honored at the GRC Annual Meeting & Expo in Reno, Nevada, USA from October ...
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Nominations Now Open for The GRC Awards - Seeking the Best in Global Geothermal
The Geothermal Resources Council (GRC) is pleased to announce the opening of nominations for this year’s GRC Awards. The awards recognize distinguished colleagues in the geothermal community from around the world and have been a highlight of the geothermal calendar since the late 1970’s. The winners will be honored at the GRC Awards Luncheon, the climax to the GRC Annual Meeting ...
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GRC Awards - Seeking the Best in Global Geothermal
The Geothermal Resources Council (GRC) is pleased to announce the opening of nominations for this year’s GRC Awards. The awards recognize distinguished colleagues in the geothermal community from around the world and have been a highlight of the geothermal calendar since the late 1970’s. The winners will be honored at the GRC Awards Luncheon, the climax to the GRC Annual Meeting ...
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Biden- Harris Administration Invests $60 Million to Expand Clean, Renewable Geothermal Energy
In support of President Biden's Investing in America agenda, the U.S. Department of Energy this week (Feb 13) announced the selection of three projects that will receive up to $60 million to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). Funded by the landmark Bipartisan Infrastructure Law, the pilot projects will use innovative technology and a variety of ...
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Firms invests in EnergySource hoping to make mineralextraction a reality
As a way to continue to invest in what looks to be apromising technology for mineral extraction fromgeothermal brine, a Texasbased investment firm MillsCapital Group, LLC acquired 38 percent of the ownershipinterest in EnergySource.EnergySource operates the Featherstone Geothermal Plant inCalipatria, which is the most recently built plant in the SaltonSea known geothermal resource area.The ...
By EnergySource
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Fervo Energy Announces Technology Breakthrough in Next-Generation Geothermal
Fervo Energy, a leader in next-generation geothermal technology, this week (July 18) announced that it has successfully completed the well test at its full-scale commercial pilot, Project Red, in northern Nevada. The company notes that the successful well test confirms the commercial viability of Fervo's drilling technology and establishes Project Red as the most productive enhanced geothermal ...
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Federal Budget and Stimulus Signed into Law - Credits for Geothermal Included
President Trump ended several days of uncertainty last night, signing into law a massive budget, economic stimulus, and Covid-19 relief package. As we mentioned last week, this legislative package includes an extension for commercial and residential geothermal heat pump (GHP) tax credits. See our announcement from last week here. The new law extends the credits for GHP installations through ...
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Geothermal’s Golden Year - After 50 Years, Geothermal Energy Still Growing
WASHINGTON, D.C.– As Sacramento, Calif., prepares to host the 2010 Geothermal Energy Expo, the geothermal energy industry’s largest annual event, the Geothermal Energy Association (GEA) recognizes the 50th anniversary of utility-scale geothermal power in the United States. Half a century ago, just north of San Francisco, construction began on The Geysers, the nation’s first ...
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CleanEdison offers free webinar series in solar, bpi, commercial energy auditing, geothermal & auto-hybrid trainning
“Building America's Workforce and A Better World,” CleanEdison is our nation's premier green-collar job training company, and announced its new, job creation initiative today. In honor of Earth Day, the company will offer free online live and recorded webinars about its courses in solar, USGBC (US Green Building Council) LEED exam prep, BPI (Building Performance Institute) ...
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Innovative ADB Loan to Help Unlock Indonesia’s Clean Energy Potential
The Asian Development Bank (ADB) will provide a loan of up to $50 million, supported by the Clean Technology Fund, to share risks with the private sector during the project development and exploration phase of the Rantau Dedap geothermal project in Indonesia. “This innovative loan demonstrates the depth of ADB support for deploying clean energy technologies that can significantly displace ...
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DOE Announces $12 Million to Boost Geothermal Energy Research
The U.S. Department of Energy recently (Sept 22) announced $12 million in funding for seven research projects to advance the commercialization of enhanced geothermal systems (EGS) manmade reservoirs that produce clean, renewable energy. EGS development could expand U.S. geothermal energy capabilities and extend the use of geothermal energy into new geographic areas across the country. The ...
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AltaRock Energy Announces Successful Multiple-Zone Stimulation of Well at the Newberry Enhanced Geothermal Systems Demonstration
AltaRock Energy today announced that it has created multiple stimulated zones from a single wellbore at the Newberry Enhanced Geothermal System (EGS) Demonstration site. Creating multiple stimulated zones from a single well will dramatically increase the flow and energy output per well for the completed system, which will include soon-to-be-drilled production ...
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy
Quaise Energy, a company seeking to unlock terawatt-scale geothermal, announced this week the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain ...
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In an effort to accelerate terawatt-scale geothermal energy, Quaise Energy has raised $21 million.
CAMBRIDGE, Mass. — Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen ...
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Geothermal Energy
Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain position, ...
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Ormat announces commercial operation of Mcginness Hills Geothermal Power Plant
Ormat Technologies, Inc. (NYSE: ORA) announced today that its McGinness Hills geothermal power plant located in Lander County, Nevada met the requirements for commercial operation under the OFC 2 Senior Secured Notes. The 30-megawatt (net capacity) power plant has been in full operation since June 15, 2012, selling the renewable electricity to NV Energy under a 20-year power purchase agreement at ...
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End-of-Year Budget and Covid Relief Package Includes Tax Benefits for Geothermal Heat Pumps
After eight months of start-and-stop negotiations, Congress has successfully brokered a massive end-of-year budget and pandemic relief deal which includes major economic stimulus components including an extension of federal tax credits for geothermal heat pump (GHP) installations. The legislation moves on to the White House for President Trump’s signature. As part of the deal, the Energy ...
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One of the World`s Largest Geothermal Power Plants Commences Commercial Operation
Toshiba Corporation (TOKYO: 6502) and Ormat Technologies Inc. (NYSE: ORA) today announced that the first unit of the Sarulla geothermal power plant, one of the world's largest power plants, located in Indonesia's North Sumatra, has commenced commercial operation. The approximately 110 MW power plant, which combines flash and binary technologies to provide a high efficiency power plant and 100% ...
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