Raser Technology’s 15MWe Lightning Dock project in New Mexico is progressing through the drilling stage. They’ve posted a nice video to showcase how the project is moving along. Click the image to the right to view the video.
The Geothermal Energy Association will host this workshop in Las Vegas, July 22 2010. For more details:
On July 22, the Geothermal Energy Association (GEA) will explore the future of utility-scale geothermal power at an industry conference held in Las Vegas. With geothermal production expanding to 15 states, many new utilities, coops and public utility districts are considering geothermal for the first time. This session brings together utilities, coops, and PUDs familiar with geothermal to discuss how they have achieved success with geothermal developers and companies. Sessions will focus on approaches and challenges for utility-scale projects in the U.S., federal and state support for utilities and renewables, risk management, transmission issues, and more.
According to TickerSpy’s *GEOTH index, geothermal stocks have had a run up of nearly 20% since June 8, 2010. This move seems to be related to the US Government project loan guarantees and has breathed new life into developers.
First Gen-affiliate Energy Development Corporation has secured $175M in loans for “general corporate purposes.” It is speculated that this funding will be used to restructure existing debt loads for the company. Energy Development is the largest producer of geothermal power in the Philippines accounting for 62% of present production.
After a break from publishing for some time, we’re back. We’ll be posting information about renewable energy, and geothermal energy in particular, for the foreseeable future. So much has happened over the past 18 months, consolidation of industry players, the global economic meltdown, new US loan guarantees from the government, BLM lease auctions, etc. There is clearly no shortage of information as the geothermal sector heats up (pun intended.)
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