GreenFire Energy, Inc. announced the appointment of Joseph Osha to its Advisory Board. Joe is a Managing Director and the senior analyst in charge of alternative energy and energy technology equity research at JMP Group. JMP is an investment banking and asset management firm based in San Francisco, CA. Joe was an early member of the...
Chevron Corporation announced that its wholly-owned subsidiaries have entered into a sales and purchase agreement with Star Energy Consortium to sell Chevron's Indonesian and Philippines Geothermal assets. "These assets deliver reliable energy to support the needs of Asia-Pacific's growing economies," said Jay Johnson, executive vice...
Canoe Reach Energy Inc. ("CRE"), a privately held B.C. based company focused on developing geothermal projects throughout B.C.'s Valemount (Robson Valley) Region, is launching a $1.8 million capital raise to develop, market and operate a GeoHeat Park. Geothermal heat and electricity production is an industry that has been used throughout the...
The 1st EOI will allow interested applicants to submit a proposal for surface study funding up to €600,000 and contingency drilling grants up to €5.8 million. The ten eligible Latin American countries are: Bolivia, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, and Perú. You can begin the process by...
The Geothermal Exchange Organization (GEO) today expressed extreme disappointment that the House stopgap spending bill to fund the U.S. Government does not include an extension of the Investment Tax Credit for geothermal heat pumps. The expiration of these tax credits, which apply to a range of efficiency technologies, will threaten...
Exergy has done it again! For the second time this year the EXERGY Denizli Tosunlar ORC geothermal power plant received award as Top Plant in Renewable energy project category assigned by Power Magazine within their "Power Awards" competition. The prize has been announced and published in the December issue of the magazine. EXERGY...
An industry sector will start to market itself as a major contributor to Canada's energy and environmental challenge. The average household in Canada consumes 30,500 kilowatt-hours (kWh) of energy each year, according to government data, with the vast majority needed for temperature applications of space heating, water heating and air...
EXERGY proves once again top performances in the Turkish market. The Italian leader in the design and manufacturing of Organic Rankine Cycle systems with its pioneering Radial Outflow Turbine technology has worked alongside their customers to obtain Ministry Acceptance for five different geothermal units in five days. During the last week of...
Funding Opportunity Announcement "Geothermal Deep Direct-Use Feasibility Studies," DE-FOA-0001601 The Department of Energy announces the release of a Funding Opportunity Announcement (FOA) entitled "Geothermal Deep Direct-Use Feasibility Studies." The Geothermal Technologies Office will fund up to $4 million to conduct feasibility studies...
Alberta-based Terrapin Geothermics announces a new innovative technology to generate clean, renewable and reliable power for Alberta. Terrapin has developed a proprietary low temperature geothermal engine capable of generating renewable electricity from industrial waste heat streams. It can also capture the geothermal energy available in Alberta's...