Launched on Dec. 8 during an event at the 21st Conference of Parties in Paris, the alliance is made up of a coalition of 38 countries and about 20 development and industry partners. The alliance seeks to achieve a 500 percent increase in global installed capacity for geothermal power generation and a 200 percent increase in geothermal heating by 2030.
The alliance will work to overcome high upfront costs of surface geophysical studies and exploratory drilling by mitigating risks, promoting technological cooperation, coordinating regional and national initiatives, and facilitating geothermal energy investments into energy markets.
Member countries listed in the Joint Communication on the Global Geothermal Alliance are: Burundi, Comoros, El Salvador, France, Guatemala, Iceland, Indonesia, Italy, Kenya, Malaysia, Mexico, Netherlands, New Zealand, Nicaragua, Pakistan, Papua New Guinea, Philippines, Poland, Saint Vincent & Grenadines, Solomon Islands, Switzerland, Tanzania, Tonga, Turkey, Uganda, United States, Vanuatu, Zimbabwe.
Read More........
