Archive for January, 2011
Feed-in Tariffs: Making the case for Canada to include geothermal
One of the ways in which to make Ontario’s FIT (Feed-in Tariff) program successful is to create an environment of stability and continuity within the policy framework. For example, the German framework has been regarded as successful because it has created a high level of investor certainty; in the case of Ontario, this would mean [...]
Enel signs on to develop geothermal in Turkey
In Italy, Enel Green Power said it had reached an agreement with the Turkish group Uzun to develop geothermal plants in Turkey. The agreement provides for the establishment of a research and exploration company, owned and managed by EGP, with Meteor, a company that is 70% owned by Uzun and 30% by Turkish geothermal consultancy [...]
Greece to lease mining areas for geothermal development
In Greece, the country’s Ministry of Environment, Energy and Climate Change has announced that it is looking for to lease geothermal exploration rights in a number of areas throughout the country. The winner will be allowed to explore for five years Greece’s geothermal potential of the public mining areas and hold an option for unilateral [...]
EBRD looks to assess Turkey’s geothermal market
In Turkey, the European Bank for Reconstruction and Development (EBRD) is looking for a consultant to assess the geothermal potential in the country. EBRD’s objective is to enable the bank to effectively assess geothermal project risks and make informed decisions on the financing of these projects. The consultant will be asked to required to review [...]
CanGEA to get new director
In Canada, the Canadien Geothermal Energy Association (CanGEA) is set to name Alexander Richter as the association’s new director. Richter comes to CanGEA by way of Islandsbanki,where he has been a major part of the bank’s geothermal energy team, and was a founding member of the original team at Glitnir Bank, which became Íslandsbanki. Richter [...]
Green economy growing jobs fastest, with GT leading the way
In California, the “Many Shades of Green” report finds that the growth of green jobs has far outpaced the rest of the job market in California, with energy generation and green consulting jobs being the North Coast’s dominant market. It is the second edition of the report and was commissioned by Next 10, an organization [...]
China, France funding Kenyan rig buys
In Kenya, the Export-Import Bank of China and the French Development Agency have pledged $163 million in 2011 for the country to buy five drilling rigs for geothermal projects. Exim Bank will provide $90 million for three rigs. Agence Francaise de Developpement, owned by France, will supply the remaining $73 million. Kenya acquired two drilling [...]
Growing ground source sales creates sales director position
In Kentucky, piping products fabricator and distributor ISCO Industries has added Michael Raider as the director of geothermal sales. The new position was created to support ISCO’s growing geothermal division. “We are seeing a lot of innovation and expansion within ISCO’s geothermal division,” said ISCO sales & marketing director Cheryl Hofmaier. “For this reason, Mike [...]
Bankrupt co-op not giving up on GT project
In Alaska, papers filed in U.S. Bankruptcy Court by Naknek Electric Association state that the group believes it can finish a rework of its troubled geothermal “in March or earlier”. Cost overruns and other problems with the project forced the power cooperative to file for Chapter 11 protection from creditors in September. The co-op got [...]
Opinion: Does a new (Hawai’i geothermal) report promise too much, too soon?
Writing for the Big Island Weekly, Alan D. Mcnarie notes that a state legislature authorized “Geothermal Working Group” was to “analyze the potential development of geothermal energy as the primary energy source to meet the baseload demand for electricity on the Big Island.” And an an Interim Report came back with a “Yes.” However, Mcnarie [...]
