Friday, July 7, 2017

Geothermal Energy News from Around the World

Global Geothermal News - Weekly Update


A Round-up of this week's geothermal energy news....... 

Click on the links to view the whole story and other news stories on Global Geothermal News.


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Monday, July 3

Africa: Funding for Geothermal Development Provided by African Union - The African Union (AU) and partners have mobilized 150 million dollars for geothermal development in East African nations.

USA, Nevada: Geothermal Lease Sale to be Held October 26 - The BLM is considering offering up to 5 parcels, comprising about 12,615.28 acres of land in northeastern Nevada in a competitive Geothermal Lease Sale to be held on Oct. 26.

Tuesday, July 4

Kenya: New Transmission Line to Deliver Geothermal Energy from Olkaria to the Coast - A new 480-kilometre Mombasa-Nairobi electricity line meant to deliver geothermal power to Mombasa has been completed.

Wednesday, July 5

Science & Technology: Opinion Piece on Cooperation Between Oil & Gas and Geothermal Technologies- Drilling resources will be redeployed to geothermal applications focusing on hot rock targets, generating – ideally – pure superheated steam.

Thursday, July 6

Africa: Japan to Fund Power Projects, Including Geothermal Energy - The Japanese government has announced an agreement with the African Development Bank (AfDB) to help fund power plant construction and other energy-related infrastructure projects in Africa.

Canada: Borealis GeoPower Taken Over By New Renewable Energy Company - P Squared Renewables Inc. has announced that it has entered into a binding term sheet with Borealis GeoPower Inc. and the shareholders of Borealis which sets out the material terms and conditions pursuant to which the parties have agreed to complete a transaction that will result in Borealis becoming a wholly owned subsidiary of P Squared.

Philippines: Large Earthquake Hits Leyte Province - Geothermal Power Plants Affected - At around 4:00 PM today (06 July 2017), a magnitude 6.5 earthquake occurred in Jaro, Leyte causing power interruptions in Leyte, Samar, and Bohol Islands. Panay, Negros, Cebu and the other areas in the Visayas.

Friday, July 7

Kenya: KenGen and GDC Look to Expand Geothermal Energy Development - The two major players in the geothermal energy subsector said they are evaluating the possibilities of going outside the fields of Olkaria and Menengai in a bid to increase energy produced from geothermal.

USA: Electricity from Renewable Energy is More Than from Nuclear - In March, and again in April, U.S. monthly electricity generation from utility-scale renewable sources exceeded nuclear generation for the first time since July 1984.

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