The Southern California-based World Energy Center is reporting that it has heeded and exceeded President Obama and Vice President Joe Biden’s call for the use of renewable electricity. The administration has called, as part of its “new energy plan” for America, to develop and use 25 percent renewable electricity by 2025. This will spur clean energy jobs, says the Obama …
2013 Brought Global Growth to Geothermal
This year marks strong global growth for the geothermal industry and is positioned to see greater growth by 2020. In 2013, the Geothermal Energy Association (GEA) identified 70 countries moving forward with nearly 700 geothermal power projects. In 2007, the number was only 46 countries developing or considering geothermal projects. In addition, more U.S. companies are pursuing projects in other …
DOE Announces $150M in Clean Energy Tax Credits
The U.S. Department of Energy (DOE) has announced $150 million in clean energy tax credits to build U.S. capabilities in clean energy manufacturing. The credits will go towards investments in domestic manufacturing equipment by 12 businesses. Through the Advanced Energy Manufacturing Tax Credit program (48C Program), DOE says these awards will help create thousands of jobs across the country and …
GEA Names Winners of GEA Honors 2013
The Geothermal Energy Association (GEA) has announced the winners for the GEA Honors, which recognize companies and individuals that have made significant contributions during the past year to advancing technology, spurring economic development and protecting the environment. The winners were selected in categories including Technological Advancement, Economic Development and Environmental Stewardship. Now in its third year, GEA also provides special …
McGinness Hills Geothermal Project Expands
Ormat Technologies has announced that a key milestone was reached in the 30MW expansion of the McGinness Hills geothermal plant complex located in Lander County, Nevada. NV Energy and Ormat signed an amendment to the existing McGinness Hills power purchase agreement (PPA) allowing Ormat to sell 63.7 MW (net average annual capacity) from the complex. Under the amendment, a new …
New Report Highlights the Power of Geothermal
The Geothermal Energy Association (GEA) and Geothermal Resources Council (GRC) have released a new joint report, “The Values of Geothermal Energy: A Discussion of the Benefits of Geothermal Power Provides to the Future of U.S. Power System“. The report addresses the role geothermal energy can play in states with Renewable Portfolio Standards (RPS) or Renewable Electricity Standards (RES) who are …
Strong Optimism for Geothermal Globally
The GRC Annual Meeting & GEA Geothermal Energy Expo hosted nearly 2,000 delegates in Las Vegas, Nevada for an event that featured the latest technologies in geothermal, and frank discussions on opportunities and challenges internationally as well as within the United States. Optimism was felt throughout the conference and was underscored by the release of Geothermal Energy Association’s (GEA) release …
GEA Announces Finalists for GEA Honors
The Geothermal Energy Association (GEA) has announced the finalists for the GEA Honors, which recognize companies and individuals that have made significant contributions during the past year to advancing technology, spurring economic development and protecting the environment. Now in its third year, GEA also provides special recognition of companies and individuals who have made notable advances and achievements for geothermal …
Ormat to Build Geothermal Project in Indonesia
President Obama’s U.S. Asia Pacific Comprehensive Energy Partnership (USACEP) is encouraging U.S. companies to develop renewable energy in South East Asian countries and Ormat Technologies has heeded the call. The company has signed an agreement for the development of the Hu’u Dompu geothermal project in Indonesia. The agreement was signed in the presence of Penny Pritzker, Secretary of Commerce for …
Report: Renewable Energy Gains Market Share
Renewable energy sources, particularly solar, wind, and biofuels, continue to make gains when it comes to the share of energy produced and used in this country. According to SUN DAY Campaign, a non-profit research and educational organization, the latest numbers from U.S. Energy Information Administration (EIA) shows through the first half of this year, renewable energy made up 10 percent …