Canada:

Canadian Geothermal Firm Finds Hot Opportunities Abroad (The Globe and Mail)

For Vancouver-based Alterra Power Corp., today’s big geothermal energy opportunities lie outside Canada. Publicly traded renewable energy specialist Alterra operates two geothermal plants in Iceland with a total capacity of 172 MWe and a 23 MWe capacity facility in Soda Lake near Reno, Nev. It owns the latter outright and the former with Icelandic pension funds.

Alterra’s largest and most promising new geothermal development is the Mariposa project in Chile, which CEO John Carson says could be the country’s premier known geothermal resource. Located south of Santiago, Mariposa has an inferred capacity of 320 MWe. Alterra is preparing for large-scale production drilling next fall. Its partner on the project is Manila-based geothermal producer Energy Development Corp., which is contributing about $60-million.

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