Geothermal
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Renewables
Officials Say No Risk of Blackout From Lava Breach at Hawaii Geothermal Plant
Officials with Hawaii Electric Light (HEL) on May 23 said the Puna Geothermal Venture power plant is secure, and that even if lava from the Kilauea eruption damages or destroys the facility, there is no danger of a blackout on the island because older, diesel-fueled plants have been brought online to provide electricity. HEL officials […]
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Press Releases
MST named finalist in 2018 AMM Awards for Steel Excellence
Midwestern seamless steel tube & pipe manufacturer among just three finalists for Tube & Pipe Producer of the Year South Lyon, Mich., [May 21, 2018] – MST Seamless Tube & Pipe, a leading manufacturer of high-quality carbon and alloy seamless cold-drawn tube and pipe, is one of a select few companies being recognized by American […]
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Renewables
New Jersey Nuclear and Renewable Energy Bills Signed by Governor
New Jersey Gov. Phil Murphy signed a few important energy bills on May 23 including one (S-2313) that establishes a zero emissions certificate (ZEC) program, which reportedly will provide the state’s nuclear power plants with $300 million a year in ratepayer subsidies. To qualify, the plants must demonstrate that they make a significant contribution to […]
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Press Releases
Ormat Announces Closing of $33.4 Million Partnership Transaction for Tungsten Mountain Geothermal Power Plant
RENO, Nev. (May 22, 2018) — Ormat Technologies Inc. announced that one of its wholly-owned subsidiaries that indirectly owns the 26-MW Tungsten Mountain Geothermal power plant entered into a partnership agreement with a private investor. Under the transaction documents, the private investor acquired membership interests in the project for an initial purchase price of approximately […]
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Press Releases
Sarulla Geothermal Power Plant Expands to 330 MW With Third and Final Unit Commencing Commercial Operation
RENO, Nev., May 08, 2018 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE:ORA) today announced that NIL 2, the third unit of the Sarulla geothermal power plant, has commenced commercial operation, bringing the project to its full capacity of 330 MW. Located in North Sumatra, Indonesia, the 330 MW Sarulla power plant is one of the […]
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Renewables
Investments in Renewables Dwarf New Coal, Gas Generation
A report from groups including the United Nations environmental arm and Bloomberg New Energy Finance (BNEF) shows renewable energy installations were responsible for 61% of the world’s net power capacity additions in 2017, more than double the new-builds from fossil fuel-powered generation. The Global Trends in Renewable Energy Investment 2018 report, compiled by BNEF, the […]
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Infographics
THE BIG PICTURE [INFOGRAPHIC]: Changing Fleets
The generating fleets owned by some of the largest companies in the U.S. (ranked here by capacity in 2017) have transformed over the past four years, in some cases dramatically, as total revenues fluctuated. Sources: Fidelity Investments (revenue data standardized by S&P Capital IQ); EIA-860 detailed data; SEC 10-K filings, and company websites. —Copy and artwork by Sonal Patel, a […]
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IIOT Power
The 4M Approach to a Connected Plant
Technology is being incorporated into operations and maintenance schemes at an ever-increasing pace. New digital tools are helping optimize assets, improve performance, and reduce overall costs. Big Data Best
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Renewables
Geothermal Generation Growing by Leaps and Bounds in Kenya
The Geothermal Resources Council, a California-based trade association, said Kenya ranks eighth in the world in geothermal energy production. And the country is poised to add substantially more
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Renewables
Growth in Renewables Matching U.S. Nuclear Generation
A business group geared toward sustainable energy says renewable sources of energy for the first time are generating nearly as much power as the entire fleet of U.S. nuclear reactors. The Business Council for Sustainable Energy (BCSE), along with Bloomberg New Energy Finance, on February 15 released the sixth edition of its Sustainable Energy in […]