by piotr | Jun 5, 2009 | Geothermal
The U.S. DOE is offering nearly $50 million in funds from the ARRA (American Reinvestment and Recovery Act) to advance the commercial deployment of geothermal heat pumps (GHP) in three areas:Innovative Technology Demonstrations - cost-shared technology...
by piotr | Jun 4, 2009 | Geothermal
GE Energy Financial Services has sealed a deal to acquire the 300-MW Dokie Ridge wind project, the largest wind farm under construction in British Columbia, from EarthFirst Canada. According to the companies, GE Energy and Plutonic Power Inc. plan to resume...
by piotr | Jun 4, 2009 | Geothermal
Nevada Geothermal Power Inc. indicates that its Blue Mountain ‘Faulkner 1′ 49.5 MW geothermal project is ahead of schedule with commissioning expected to start during August 2009. (Source: Nevada Geothermal, June 1, 2009)
by piotr | Jun 4, 2009 | Geothermal
British Columbia-based Magma Energy Corp. is looking to raise a minimum of $50 million CDN ($45 million US) in its initial public offering. The company currently owns the Soda Lake power generation plant in Fallon, Nevada and it is looking to expand, with four...
by piotr | Jun 2, 2009 | Geothermal
Western GeoPower Corp. (WGP) has acquired approximately 3,000 acres of private geothermal leases with a confirmed high-temperature geothermal reservoir at South Brawley, Imperial County, California giving WGP the right to develop the geothermal reservoir and to build...
by piotr | Jun 2, 2009 | Geothermal
The City of Reno is looking to convince geothermal companies to locate within the city. “We are the Saudi Arabia, when it comes to geothermal power development in Nevada”, said Councilman Dave Alvey. Source: Reno Gazette Journal, May 14, 2009)
by piotr | Jun 2, 2009 | Geothermal
Nevada Geothermal Power has sealed a procurement and construction agreement with Industrial Builders Inc. for turnkey construction services for a geothermal fluid gathering and re-injection system connecting to the power plant and production and injection wells at its...
by piotr | Jun 2, 2009 | Geothermal
U.S. Geothermal Inc. has been selected by the U.S. DOE “to enter into due diligence review on an $85 million US project loan” for its Neal Hot Springs project in eastern Oregon - providing 80% of the $106 million US estimated total capital cost. The...