geothermal finance News
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World Bank Energy Director to Deliver Keynote Address at GEA International Geothermal Energy Finance Forum 2013
The Geothermal Energy Association today announced the keynote speaker for next month’s International Geothermal Energy Finance Forum. Rohit Khanna, program manager of the World Bank’s Energy Sector Management Assistance Program, will deliver keynote remarks at the conference, to be held on April 11 at the Marriott Marquis New York. Each year the Finance Forum brings together ...
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Senior Advisor to the Governor for Renewable Energy Facilities to Join GEA Geothermal Energy Finance Forum 2012
Michael Picker, Senior Advisor to the Governor for Renewable Energy Facilities, Office of the Governor, State of California will join the discussion between the financial community and the geothermal industry when business leaders and the financial and investment communities convene in San Francisco for the GEA Geothermal Energy Finance Forum on January 18. ...
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Frost & Sullivan: Government Incentives and Mandates to Promote Energy Efficiency Trigger Growth in the Global Geothermal Power Market
As governments worldwide are unleashing initiatives to ramp up energy security and independence over the past three years, the global geothermal power markets have experienced high growth. Other factors spearheading expansion in this market are escalating energy prices, volatile fuel costs, and government incentives on renewable energy. Low levelized cost of energy (LCOE) renders the cost of ...
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ECC Renewables Awarded First-of-Its-Kind $7 Billion US Army Geothermal Energy Contract
ECC Renewables, LLC (ECC) is one of five contractors selected for a $7 billion joint total acquisition value Unrestricted Indefinite Delivery, Indefinite Quantity Multiple Award Task Order Contract (MATOC) for geothermal energy by the US Army Corps of Engineers, Engineering and Support Center, Huntsville. Under the 10-year contract, ECC will compete for projects to develop, construct, finance, ...
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10 Companies Chosen as 2014 New Energy Pioneers
Bloomberg New Energy Finance, the provider of unique analysis, tools and data for decision makers driving change in the energy system, today announced its selection of the 2014 New Energy Pioneers. The winners were recognized on stage at the seventh annual Bloomberg New Energy Finance Summit in New York City. This year’s winners (listed in full below) represent a broad range of industries ...
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Geothermal Industry Ends 2012 on a High Note
The past 12 months saw continued economic challenges for many American industries, including those in the renewable energy field, but the country’s geothermal community witnessed a year of growth, both domestically and abroad. The Geothermal Energy Association (GEA) today expressed optimism for 2013, while looking back on a difficult, yet ultimately successful 2012. U.S. Geothermal ...
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Brazil’s biofuels and bio-based chemicals markets to celebrate excellence at the Brazilian Sustainable Bio Awards
Green Power Conferences announces the 2013 Sustainable Brazilian Bio Awards are to take place during the 3rd World Bio Markets Brazil Conference and Exhibition at the Grand Hyatt Sao Paulo on the 16-18 September 2013. The Awards celebrate excellence in the Brazilian biofuels and bio-based chemicals community and will take place during the Evening Cocktail Reception at the end of the conference ...
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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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ADB Supports Renewable Energy by Investing in Indonesian Geothermal Plant
The Asian Development Bank (ADB) has signed a $350 million financing package supporting the construction of the 320 megawatt Sarulla Geothermal Power Development Project in North Sumatra, Indonesia, an investment expected to unlock clean energy investments across the country, which holds 40% of the world’s geothermal resources. The renewable energy project will provide clean, baseload ...
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World Bio Markets Brazil 2013
Green Power Conferences announces the 2013 Sustainable Brazilian Bio Awards are to take place during the 3rd World Bio Markets Brazil Conference and Exhibition at the Grand Hyatt Sao Paulo on the 16-18 September 2013. The Awards celebrate excellence in the Brazilian biofuels and bio-based chemicals community and will take place during the Evening Cocktail Reception at the end of the conference ...
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Ormat Technologies Completes Final Drawdown of $45 Million from OPIC for Final Phase of Construction at Olkaria III Geothermal Complex in Kenya
Ormat Technologies, Inc. (NYSE: ORA) announced today that OrPower 4 Inc., its wholly owned subsidiary, drew down the remaining $45 million available under its project finance facility with Overseas Private Investment Corporation (OPIC). This drawdown will be used to complete the final phase of construction at the Olkaria III complex in Naivasha, Kenya, bringing the geothermal power plant capacity ...
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Geothermal Power in the US, Market Outlook to 2025 - Capacity, Generation, Regulations and Company Profiles
Reportlinker.com announces that a new market research report is available in its catalogue: Geothermal Power in the US, Market Outlook to 2025 - Capacity, Generation, Regulations and Company Profiles ...
By ReportLinker
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A global drilling fund could solve geothermal’s catch-22
The mature and zero-carbon technology of geothermal power is being held back by the cost and uncertainty of drilling wells, but new research suggests a possible answer The Catch-22 problem that is holding back world investment in geothermal power could be addressed via the establishment of a “global geothermal exploration drilling fund”, with either private investors and banks or ...
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Ormat Technologies Announces Closing of Private Placement of $92.5 Million Senior Secured Notes to Refinance the Don A. Campbell Phase I Geothermal Power Project
Ormat Technologies, Inc. (NYSE: ORA) today announced that ORNI 47 LLC successfully issued and sold $92.5 million in aggregate principal amount of its 4.03% Senior Secured Notes due 2033. The Senior Secured Notes were issued in a private placement transaction exempt from the registration requirements of the Securities Act of 1933, as amended, and were purchased in total by MEAG, the asset manager ...
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