Tag: Geothermal

Turkish youth say they will pay 10% more for renewables

It's easy to put your mouth on your money before you start your career, yet Turkey has captured the sentiment of youth in a new study that find Turkish youth will pay 10% more on renewable energy. 

Israel’s geothermal giant celebrates 20 years on the New York Stock Exchange

Ormat collects heat energy from the earth's crust transforming it into electricity.

Investing in green bonds with RE Royalties and Peter Leighton

How fast countries support businesses and award tenders for solar power plants and wind turbines depends not only on governments but the corporate funding mechanisms in place and the people who want to support green energy.

World’s Biggest 100 MW Geothermal Plant Built by Israel’s Ormat in New Zealand

The New York Stock Exchange-traded company Ormat Technologies (NYSE:ORA) has built what's being cited as the world's largest geothermal...

Could Ethiopia’s Geothermal Exploration Relax Dam Plans?

Given that 85 percent of the country's residents lack access to electricity, it is no surprise that Ethiopia has...

MENA Geothermal’s Largest System in the Middle East is Complete

MENA Geothermal has completed the largest geothermal heating and cooling system in the Middle East and North Africa. Completed...

Cornell and Israel’s Technion Unveil Net-Zero Energy Tech Hub Plans

Earlier this year Cornell and Technion, Israel Institute for Technology won the privilege of developing a new tech campus...

Masdar Looks to Make Good on Solar Power in Saudi Arabia

Saudi Arabia is looking to continue to ensure their promises of bolstering the Gulf Kingdom’s alternative energy is maintained....

Ormat Rising Stocks A Boon For Israel Geothermal

For years, the goldmine for Israeli cleantech companies has been the American economy. And as Israel deploys innovative technologies...

Ormat Gets DOE “Solyndra” Loan Before Tea Party Shuts Down Program

Three geothermal projects totaling 113 MW from Israel's geothermal giant Ormat got approvals just in time to get US government support under the Recovery Act Section 1705 loan guarantee this week. Nevada has some of the best geothermal potential among the US states, but has barely begun to develop it: the 113 MW will increase Nevada's geothermal power production by nearly 25%. Under the same program as Solyndra if Ormat Nevada Inc could line up an investor with up private financing by September 30th, under Section 1705, the US Department of Energy would provide a US government guarantee to back the loan in the unlikely event that Ormat was not able to repay its investors. However the loan guarantee has been anathema to the party that now controls the US congress (Utility-Scale Renewable Projects Become a Casualty of Republican Hostage-Taking) and will end this week.

Ormat Lands Its Largest Geothermal Deal in New Zealand at $130 m.

The US subsidiary of the Israeli company lands the largest geothermal deal in New Zealand, with Maoris. Geothermal heats...

Palestine’s Geothermal Pioneer Shares Expertise Online

The University of Madaba’s geothermal system, the largest in the Middle East Khaled Al-Sabawi, founder and president of Palestinian green...