geothermal

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 […]

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 […]

The U.S. Department of Energy (DOE) over the past two weeks has made a string of funding announcements, including nearly a half-billion dollars of new investment in power-related initiatives. The funding backs advancements in cybersecurity, advanced nuclear, solar, bioenergy, fuel cells, geothermal, and energy storage. $25 Million for Cybersecurity.On April 16, the DOE’s Office of […]

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

Documents obtained by The Washington Post show the Trump administration is prepared to ask Congress to cut the Department of Energy’s (DOE’s) renewable energy and energy efficiency programs by as much as 72% in fiscal year 2019. The newspaper in a January 31 report says Congress likely would not support many of the cuts, but […]

EGEC Reaction to the European Parliament plenary vote on the first half of the Clean Energy Package Brussels, 17th January 2018 – The European Parliament proved ambitious and consistent with the objectives of the Paris agreement while voting on the Renewable Energy Directive, the Energy Efficiency Directive and the Governance Regulation this Wednesday. The vote sets […]

The 330-MW Sarulla Geothermal Power Plant in Indonesia took decades to develop. Backed by a multinational financing effort along with support from the Indonesian government, the $1.6 billion project may be on

A unique collaborative effort by a consortium of Icelandic power companies and the Icelandic government to determine whether using supercritical geothermal fluids would improve the economics of power

Brussels, 17th May 2017 – EGEC, the European Geothermal Energy Council, has published the sixth edition of its annual study evaluating the development of the geothermal sector in Europe. In conjunction with the release of the report, EGEC has also unveiled its new logo and website. The report shows that over the last five years […]

The first of three 110-MW units at the $1 billion Sarulla geothermal power plant in Indonesia’s North Sumatra province commenced commercial operation this March. When the next two units come online as