ormat

Italian power and gas giant Enel Group has agreed to sell its entire geothermal power portfolio in the U.S., along with several small solar plants, to Ormat Technologies for $271 million. The multinational’s 2008-founded renewables subsidiary, Enel Green Power, on Oct. 23 said it reached an agreement with Reno, Nevada–headquartered Ormat for the sale of […]

The first geothermal power plant built in more than three decades within the California Independent System Operator (CAISO) balancing authority has come online. Mammoth Pacific Geothermal, an Ormat Co. subsidiary, declared the 30-MW Casa Diablo IV (CD4) commercially operational on July 20. CD4 is located on public land two miles east of the Town of […]

After several years of stagnancy, prospects for the geothermal power industry are heating up. Over the past year, it has seen a flurry of legislative boosts, an uptick of power purchase agreements, and

Geothermal power generation continues to increase in Turkey, as the country works toward a goal of at least 2 GW of installed capacity by the end of 2019, a rise of almost 50% since the end of 2018. Geothermal

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 […]

After years of stressing the conventional virtues of geothermal power production—reliable, baseload renewable energy from geological sources—the geothermal industry and the U.S. government are looking at ways technology can change the hot rocks game and give a boost to an often-overlooked resource. Legendary venture capitalist Vinod Khosla, who made a pile of money in information […]