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GeothermalEnergy News Headlines

Think GeoEnergy ? Geothermal Energy News
ThinkGeoEnergy is the leading geothermal energy news website, with news from the global geothermal power and large scale direct use industry.


Stockholders of Calpine approve sale to consortium around Energy Capital Part...
by Alexander Richter
15 Dec 2017 at 8:39am
The shareholders of Calpine Corp. have approved the sale of the company to Energy Capital Partners with a consortium of investors. Calpine is one of the largest geothermal operators today.


Barito Pacific to raise $1 billion for the acquisition of Star Energy in Indo...
by Alexander Richter
15 Dec 2017 at 3:29am
Indonesian petrochemical group Barito Pacific is raising $1 billion in a share issue on the stock exchange for the acquisition of Star Energy Group Holdings, following the signing of a conditional sale purchase agreement this week.


Central America moves ahead on interconnected Clean Energy Transmission Corridor
by Alexander Richter
14 Dec 2017 at 2:57pm
Central America is moving forward with its interconnected clean energy (transmission) corridor, which will allow clean energy to be distributed across the region, strengthening efforts for geothermal power generation in the region.


PGE allocates $300 million in funding for geothermal development 2018
by Alexander Richter
14 Dec 2017 at 2:44pm
Pertamina Geothermal Energy allocates $300 million in investments into geothermal projects, specifically for the 60 MW Bukit Daun project and for the Seulawah project in Aceh.


ADB approves loan to help clean air in Bejing with among others geothermal he...
by Alexander Richter
14 Dec 2017 at 2:33pm
The Asian Development Bank (ADB) has approved a $499 million loan facility aimed at supporting efforts on improving air quality in the greater Beijing-Tianjin-Hebei area with among others geothermal-based district heating.


Thai investor receives approval for geothermal investment plans in Japan
by Alexander Richter
14 Dec 2017 at 2:21pm
Thailand-based Thai Luxe Enterprises receives regulatory approval for an investment of up to $24 million into a series of small-scale geothermal power projects in Japan.


Pertamina aims to reach 2,300 MW in geothermal power generation capacity by 2030
by Alexander Richter
14 Dec 2017 at 1:35pm
At its annual meeting, Pertamina in Indonesia has announced ambitious plans on its renewable energy efforts, and has set itself a goal of 2,300 MW in geothermal power generation capacity to be reached by 2030.


New geothermal industry alliance founded in Beijing, China
by Alexander Richter
14 Dec 2017 at 1:05pm
China National Nuclear Corporation (CNNC) has founded a geothermal industry alliane with the goal to to accelerate the development of China's geothermal energy industry.


Bill Gates sees geothermal power as a key clean energy investment area of int...
by Alexander Richter
14 Dec 2017 at 5:39am
As part of his climate change efforts, Bill Gates recently described geothermal power to be one of five key areas of interest for a clean energy fund by Breakthrough Energy Ventures, an effort founded by him and other philanthropists.


African Renewable Energy Fund receives $20m equity funding from IFC
by Alexander Richter
13 Dec 2017 at 7:56am
IFC is providing $20 million in equity funding to the Africa Renewable Energy Fund (AREF) managed by Berkeley Energy, replacing an investor that stepped out. AREF is invested in the Corbetti geothermal project in Ethiopia.


Pertamina supporting scheme with opportunities for geothermal B2B tariffs
by Alexander Richter
13 Dec 2017 at 7:50am
Pertamina supports new government regulation that would allow a process of determining geothermal tariffs by way of business-to-business between PLN and IPPs.


Join your national geothermal associations ? the industry?s change agents
by Alexander Richter
13 Dec 2017 at 7:24am
The geothermal energy associations, industry or education focused, national or international are important actors to help promote geothermal energy and represent the industry's interests. Help them through your membership.


U.S. DOE/ GTO ? Request for information: lowering cost and risk of geothermal...
by Alexander Richter
13 Dec 2017 at 7:01am
The Geothermal Technologies Office of U.S. Department of Energy?s Office of Energy Efficiency and Renewable Energy (EERE), has released a Request for Information (RFI) seeking feedback from the public regarding challenges and opportunities associated with drilling geothermal wells.


U.S. Geothermal takes step for full ownership of Raft River geothermal plant,...
by Alexander Richter
13 Dec 2017 at 6:27am
U.S. Geothermal has reached an agreement with Goldman Sachs, to acquire the remaining ownership interest in its 18 MW Raft River geothermal plant in Idaho. This will allow implementing capital upgrades to increase output of the plant.


Zorlu Energy to accelerate investment for two new geothermal plants in Turkey
by Alexander Richter
13 Dec 2017 at 6:21am
Zorlu Energy has announced an accelerated investment plan for up to $450 million for the development of two new geothermal plants, Alasehir 2 and Kizildere 4 in Turkey.

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