Geothermal

$50 mn US for Geothermal Heat Pump deployment

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...

Geothermal: Nevada Geothermal Power Inc.

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)

Western GeoPower acquires additional leases in California

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...

$85 mn US DOE loan considered for U.S. 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...