To the readers of Geothermal Digest:
It is with deep regret that I must inform you that this newsletter and web site will be shut down, effective immediately. The nearly two-year old experiment has simply not produced the results necessary to keep it alive. I have truly enjoyed following the exploits of the geothermal industry at what is truly a very [...]
Helping Hand: DOE lets loose $70 million to advance geothermal and backs a $350 million loan
In Washington, D.C., DOE Secretary Steven Chu is making up to $70 million in new funding over three years for technology advancements in geothermal energy to accelerate the technology’s development. At about the same time, Ormat Technologies, Inc. announced that its subsidiary, Ormat Nevada Inc. received an offer of a conditional commitment from the DOE [...]
Native-to-Native: Hawaiian group signs on to help New Zealand geothermal development
In New Zealand, Innovations Development Group (IDG), based in Honolulu, has signed with New Zealand’s Eastland Group to develop the Te Ahi O Maui geothermal project. The deal includes the exclusive development right for 420 acres in Kawerau on a trust block belonging to the indigenous Maori people.
There is an existing commercially viable geothermal [...]
Money Guide: DOE’s NREL, Navigant co-author guidebook to geothermal power finance
In Washington D.C., the U.S. Department of Energy’s National Renewable Energy Laboratory, along with co-author Navigant, have released the Guidebook to Geothermal Power Finance. The guidebook is offered to counter changes in investment in conventional geothermal projects since the economic downturn began in 2008.
Ultimately, it is intended to facilitate further investment in conventional geothermal [...]
