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• Business, Energy

  Sierra Geothermal’s release on auction

  08.22.07 | Permalink | Comments Off on Sierra Geothermal’s release on auction

  Originally published at Montara Energy Ventures. Via Sierra Geothermal: 8/17/2007 11:12:21 AM ET News Release Index Sierra Geothermal Power Corp Secures New Geothermal Leases in Nevada Sierra Geothermal Power Corp (SGP); TSX-V: SRA, is pleased to announce that it was the successful bidder for 18,103 acres of geothermal lease rights in the areas of Dixie […]

• Business, Energy

  Land Auction Redux

  08.21.07 | Permalink | Comments Off on Land Auction Redux

  Originally published at Montara Energy Ventures. After writing about the BLM land auction last week we said we’d correct any information that wasn’t right once the results were posted. Well, the results have been posted and here are the California corrections: We believed Binkley Geo Resources won two parcels. In fact, they won one 470 […]

• Business, Energy

  Ormat International wins Indonesian contract

  08.21.07 | Permalink | Comments Off on Ormat International wins Indonesian contract

  Originally published at Montara Energy Ventures. Ormat International, parent company of Ormat, announced today that they’ve been awarded the contract to build and operate a 340MW facility in Indonesia called the Sarulla Project. This is a joint venture between Japan’s Itochu and Indonesia’s Medco Energi Internasional Tbk that amounts to an estimated $800M investment. At […]

• Business, Energy

  BLM raises $19.6M through geothermal lease option sale

  08.14.07 | Permalink | Comments Off on BLM raises $19.6M through geothermal lease option sale

  Originally published at Montara Energy Ventures. Today, forty-nine land parcels with geothermal leases were auctioned at the Reno, Nevada Bureau of Land Management office. We estimate some 50 people were in attendance at the auction today representing companies including Ormat, Calpine, US Renewables, and Raser Technologies. Note regarding accuracy: we recorded winning bidder numbers on […]

• Business, Energy

  Chevron adds 110MW to portfolio

  08.14.07 | Permalink | Comments Off on Chevron adds 110MW to portfolio

  Originally published at Montara Energy Ventures. With the start of commercial operations of the Darajat III plant in Indonesia, Chevron now operates some 1,273 MW of geothermal plants globally. Investment in Indonesia has largely dried up due to risks in the political and legal climates. This can only be viewed as a step forward though […]

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