Package Geothermal News on energy-xprt.com

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 power ...

Mar. 31, 2014

By Asian Development Bank

Geothermal heating and cooling systems subject of new Google startup

A geothermal heating and cooling company that began in a “moonshot factory” started by Google became its own company on July 6. Dandelion Energy Inc. is the name of the stand-alone company coming out of Google’s Alphabet Moonshot Factory. The factory, formerly known as Google X, is an innovation engine that incubates new technical and scientific projects ...

Jul. 14, 2017

By National Ground Water Association (NGWA)

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 ...

Apr. 4, 2013

By Ormat Technologies, Inc.

The 330 MW Sarulla Geothermal Power Project in Indonesia Signed Project Agreements

Ormat named power plant technology provider. Among the world’s largest single-contract geothermal power plant. Project company expects to complete financing and begin construction in one year 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 ...

Apr. 4, 2013

By Ormat Technologies, Inc.

Sarulla Consortium Signs $1.17 Billion Financing Agreements for 330 MW Sarulla Geothermal Project in Indonesia

Ormat Technologies, Inc. (NYSE: ORA) announced today that members of the Sarulla Consortium comprising of Medco, Itochu, Kyushu and Ormat signed $1.17 billion project financing agreements to finance the development and construction of the 330-megawatt (MW) Sarulla geothermal project in Tapanuli Utara, North Sumatra in Indonesia. Closing is expected in the second quarter of 2014 subject to ...

Mar. 28, 2014

By Ormat Technologies, Inc.

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 ...

May 9, 2012

By Frost & Sullivan

Department of Energy finalizes $197 million loan guarantee to SoloPower, Inc. for a solar manufacturing facility

U.S. Energy Secretary Steven Chu announced the Department has finalized a $197 million loan guarantee to SoloPower, Inc. The loan guarantee will support the construction and operation of state-of-the-art thin-film solar module manufacturing facilities at two sites in Portland, Oregon and an existing site in San Jose, California. When completed and at full capacity, the facilities are ...

Aug. 19, 2011

By US Department of Energy

Ground Source Heat Pump Association

Check against delivery Good morning. I am delighted to be speaking here today at the Ground Source Heat Pump Association’s fourth technical seminar with so many esteemed representatives from across industry and academia… and not just from the UK! I’m always keen to see the progress that other countries are making on renewable energy so it’s good to see delegates ...

Dec. 5, 2013

By Department of Energy and Climate Change

Sustainable energy a keystone for local development, Hübner tells conference in Southern Italy

Sustainable energy is a keystone for local development. That is the central message Danuta Hübner, Commissioner for Regional Policy, will deliver at a conference on energy in Bari, Southern Italy, today. The conference, organised to develop Italy's regional development policy for 2007-2013, is entitled 'Sustainable, Competitive and Safe Energy'. Mr Pier Luigi Bersani, Minister of Economic ...

Jan. 24, 2008

By European Commission, DG Regional Policy

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