geothermal power plant development News
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Winners of Geothermal Energy Awards Announced
The Geothermal Resources Council (GRC), one of the world’s premier geothermal associations, has announced awards honoring the best and brightest of the global geothermal energy community. These prestigious awards have been a highlight of the geothermal calendar since the late 1970's. The GRC will present the prestigious Aidlin, Pioneer, Henry J Ramey Jr., Ben Holt, and Special Achievement ...
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NREL 2021 U.S. Geothermal Market Report Released
The U.S. Department of Energy's Geothermal Technologies Office (GTO) announced this week that the National Renewable Energy Laboratory has published its much-anticipated 2021 U.S. Geothermal Power Production and District Heating Market Report, which highlights areas where the geothermal power sector is primed for technological innovation. The report identifies significant opportunities for ...
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Climate Action: Commission Uses Polluters` Revenues to Fund Clean Energy Projects Across Europe
The European Commission today awarded €1 billion funding to 19 projects to fight climate change under the second call of the so-called NER 300 funding programme. The funding for the projects comes from revenues resulting from the sale of emission allowances in the EU Emissions Trading System. This makes the polluters the driving force behind developing new low-carbon initiatives. The ...
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Ormat Completes the Don A. Campbell Geothermal Power Plant with Full 16 Megawatt (net) Output
Ormat Technologies, Inc. (NYSE: ORA) announced today that it completed the Don A. Campbell geothermal power plant in Mineral County, Nevada. The plant is producing its full capacity of 16 megawatts (net) and performing as expected as of December 6, 2013. The Don A. Campbell facility, formerly Wild Rose, is receiving a full rate of $99 per megawatt hour with no annual escalation under the terms ...
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Ormat Technologies, Inc. Awarded First Tender for Geothermal Power Plant by GDC in Kenya
Ormat Technologies, Inc. (NYSE:ORA) today announced that Geothermal Development Company (GDC), owned by the Government of Kenya, has awarded Ormat International Inc., a subsidiary of Ormat Technologies, Inc., its first well head power plant project in the Menengai geothermal field in Kenya on a Build-Own-Transfer (BOT) basis. The award is the result of an international tender for the design, ...
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Ormat Technologies Awarded BOT Agreement for 45 MW Geothermal Power Project in New Zealand
Ormat Technologies, Inc. (NYSE: ORA) ("Ormat") today announced that its subsidiary has entered into a Build, Operate and Transfer Agreement ("BOT Agreement") with Tikitere Geothermal Power Limited ("TGL") to explore, develop, supply, construct, own and operate a geothermal power plant in the Tikitere geothermal area near Rotorua, New Zealand. Ormat was awarded the project following a ...
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