geothermal steam News
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Drilling Project Starting in Montserrat
Drilling Project Starting in Montserrat Iceland Drilling Company has reached an agreement with DFID (Department for International Development) for a geothermal drilling project in the Caribbean Island, Montserrat. The drilling contract was signed on 8th of April 2016. The project involves drilling the 3rd geothermal well, but in the year 2013 two exploration wells were drilled giving around 2 ...
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Iceland Drilling completes IDDP-2 well at Reykjanes
A significant milestone has been reached in the IDDP-2 Project at the Reykjanes Peninsula in Iceland as drilling was completed in mid-January at 4,650 meter depth. All of the initial targets were reached. These targets were to drill deep, extract drilling cores, measure the temperature and search for permeability. Temperature at the bottom of the well has already been measured at 427 degrees ...
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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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Team Nevada debuts at Renewable Energy World Conference
Sun. Wind. Steam. Nevada has plenty of each and it's taking a major step to become a leader in developing renewable energy by attracting businesses large and small, while supporting new and proven technology.'Team Nevada' debuts at the Renewable Energy World Conference & Expo-North America March 10-12 in Las Vegas. Led by the Nevada Commission on Economic Development (NCED) and NV Energy -- ...
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Ormat and Toshiba Sign Strategic Collaboration Agreement
Ormat Technologies Inc. (NYSE: ORA) and Toshiba Corporation (TOKYO: 6502) announced today that the two companies have signed a strategic collaboration agreement (SCA) to develop strategic opportunities for collaboration in the areas of geothermal power generation systems and related equipment. Under the terms of the agreement, the parties will explore and develop strategic opportunities that ...
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Ormat and Toshiba Sign Strategic Collaboration Agreement
Ormat Technologies Inc. (NYSE: ORA) and Toshiba Corporation (TOKYO: 6502) announced today that the two companies have signed a strategic collaboration agreement (SCA) to develop strategic opportunities for collaboration in the areas of geothermal power generation systems and related equipment. Under the terms of the agreement, the parties will explore and develop strategic opportunities that ...
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Renewables Take the Lead in New Generating Capacity in 2016
According to the latest issue of the Federal Energy Regulatory Commission's (FERC) monthly "Energy Infrastructure Update" (with data through October 31, 2016), renewable energy now accounts for the largest share of new U.S. electrical generation put into service thus far in 2016. Combined, newly installed capacity from renewable sources (i.e., biomass, geothermal, hydropower, solar, wind) totals ...
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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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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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Best Geothermal Energy Presentations of 2014 Announced
The Geothermal Resources Council (GRC) has announced the outstanding technical presentations from the global geothermal community for 2014. The selections were made in each of the GRC Technical Sessions held in late September/early October at the 38th GRC Annual Meeting in Portland, Oregon, USA, the world’s largest annual geothermal energy event. The judging criteria included the technical ...
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100,000 more pumps will be operated by coal-fired power plants by 2015
Coal-fired power plants throughout the world presently operate 300,000 pumps. This number will increase to over 400,000 by 2015. These pumps will be moving over 1.2 billion gallons/minute. Annual revenues for new pumps will increase from $542 million this year to $776 million in 2015. These are the conclusions reached in the newest expansion of Pumps: World Markets an online publication of the ...
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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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Ormat Signs 25-Year PPA and Steam Supply Agreement for the 35 MW Menengai Geothermal Project in Kenya
Ormat Technologies, Inc. (NYSE: ORA) today (Nov 3, 2014) announced that its majority owned Kenyan subsidiary (the Project Company) owned by Ormat (51%), Symbion Power LLC (24.5%) and Civicon Ltd. (24.5%), signed a 25-year Power Purchase Agreement (PPA) with Kenya Power and Lighting Co. Ltd (KPLC) and a project implementation and steam supply agreement (PISSA) with Geothermal Development Company ...
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Full Steam Ahead: Unearthing the Power of Geothermal
Geothermal energy—literally “heat from the Earth”—may be hard to see, but thanks to increasing public interest and outreach it is not hidden anymore. While geothermal power plants have delivered renewable power for more than 100 years, recent research and advancements have shown that geothermal is more than a 24/7 clean power source. “Geothermal is a triple resource: an energy source for heating, ...
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Best Geothermal Energy Presentations of 2015 Announced
The Geothermal Resources Council (GRC) has announced the outstanding technical presentations from the global geothermal community for 2015. The selections were made in each of the GRC Technical Sessions held in late September at the 39th GRC Annual Meeting in Reno, Nevada, USA, the world’s largest annual geothermal energy event. The judging criteria included the technical content, the ...
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Hyperlight Energy Awarded $1.5 Million from U. S. Department of Energy to Advance Low-Cost Concentrated Solar Power (CSP) Collector
Hyperlight Energy, a developer and manufacturer of low cost Concentrated Solar Power (CSP) technology, announced today that it was selected by the U. S. Department of Energy’s SunShot Initiative to receive a $1.5 million award to develop a pilot CSP production line in San Diego, CA. The project will also validate a rapid field deployment design in a one-megawatt demonstration project at the ...
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Geothermal: the dark horse of renewable energy
Geothermal energy is clean, quiet, virtually inexhaustible and able meet the world’s annual electricity and heating needs many times over with little impact on the climate or the environment. In many jurisdictions, geothermal energy is emerging as a reliable and affordable alternative to fossil fuels. This fourth article in the GLOBE-Net series on renewable energy discusses the dark horse of ...
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Ormat successfully completed the Ngatamariki Geothermal Plant
Ormat Technologies, Inc. (NYSE: ORA) announced today that it has successfully completed the 100 MW installed capacity Ngatamariki geothermal power plant in New Zealand under the $142 million Supply and Engineering, Procurement and Construction (EPC) contracts signed with Mighty River Power (MRP) in June 2011. Mighty River Power’s modular Ngatamariki geothermal power plant is the largest ...
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The 330 MW Sarulla Geothermal Power Project In Indonesia Signed Project Agreements
RENO, Nev., April 4, 2013 /PRNewswire/ -- Ormat Technologies, Inc. (NYSE: ORA) announced today that Sarulla Operations Ltd. (SOL) has signed a Joint Operating Contract (JOC) and Energy Sales Contract (ESC)for the 330 MW Sarulla geothermal power project in Tapanuli Utara, North Sumatra in Indonesia. Ormat participation in this project includes two roles. Ormat designed the plant and will supply ...
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