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RSSArchive for October, 2010

TERRASource expands web presence

In Ohio, TERRASource, a provider of geothermal systems for commercial and residential usages, has set up its new web presence to serve the rising demand for its geothermal systems in the U.S. and overseas. The company provides pre-assembled geothermal products that reduce the spending of the clients. Instead of assembling the pieces of geothermal systems [...]

Colorado Capitol getting ground source heating, cooling

In Colorado, drilling has started on one of two wells that will be used to install a geothermal heating and cooling system for the Capitol building. The system is evidently an offshoot of similar work done about a year ago at the governor’s mansion. That system has reduced the mansion’s natural-gas bill by almost 70%. [...]

Jobs in Geothermal: New development is creating them in the U.S. while Kenya already lacks engineers

In California, Geothermal Energy Association (GEA), Executive Director Karl Gawell announced the findings of new industry reports that show the geothermal industry will add thousands of jobs as dozens of new clean geothermal power plants come online or enter advanced stages of development. He made the announcement at a press preview for the 2010 Geothermal [...]

Innamincka ‘Deeps’ ready for fracturing

In Australia, Geodynamics Ltd. says it has completed its Jolokia 1 well at Innamincka ‘Deeps’ Joint Venture. New liners were installed that are suited to subsurface chemistry conditions. The company will shortly begin hydraulic fracture stimulation of the granite to create a geothermal reservoir. The program will focus on stimulating fractures in the lower section [...]

Indonesia looking for UAE money for geothermal development

The United Arab Emirates (UAE) is eying investments in Indonesia’s geothermal industry, according to the Indonesian Foreign Minister. He made the comment following a meeting with representatives from the UAE government in Jakarta on Tuesday. The Indonesian government wants to attract around $12 billion in investment for its geothermal sector, and is looking to countries [...]

Northeast area tested for GT

In Iceland, national power company Landsvirkju has four boreholes blowing steam in a stress test of the high temperature geothermal area Theistareykir in the northeast section of the island. The final results of the test are expected by the middle of next year. Six holes have been drilled and while all are hot, productivity varies. [...]

Pricing delay holding back Indonesia geothermal program

In Indonesia, 10 private power developers who have been issued licenses by the Energy and Mineral Resources Ministry remain in limbo while the government’s ambitious geothermal power program remains caught up on pricing issues with the state power firm. None of the developers have concluded so-called power purchasing agreements with the sole buyer in the [...]

Opinion: 25 most important alternative energy companies has a glaring omission

Writing for seekingalpha.com, Tate Dwinnell says, “24/7 Wall St published its list of the 25 most important alternative energy companies a few days ago and broke it down by category. I thought I’d highlight the companies the article considers to be the most important in each category (which I agree with) and add in some [...]

DOE to host second energy innovation summit

In Washington, DC, the Department of Energy says it will hold the second annual ARPA-E Energy Innovation Summit February 28 – March 2, 2011 at the Gaylord Convention Center just outside the city. The event is being co-hosted by the Department’s Advanced Research Projects Agency – Energy (ARPA-E) and Clean Technology and Sustainable Industries Organization [...]

Renewable energy market to reach $614 billion by 2015

In Texas, market research provider MarketsandMarkets says that the global renewable energy market is expected to exceed $614 billion by 2015 at a CAGR of 7.5%. The report, Global Renewable Energy Market Outlook (2008 – 2015), has just been released. The M&M research is focused on the segments that are commercially viable and used globally. [...]