Geothermal Energy
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‘The Heat is There’: Is There a Future for Geothermal Energy in Australia?
In July 2010, the Australian Renewable Energy Agency (Arena) took a $32m gamble on geothermal energy, investing in Australia’s first demonstration of geothermal electricity generation. Six years later, the wells in South Australia’s Cooper Basin have been filled with concrete…
NIS and Betec Sign a Co-Operation Agreement on Developing Geothermal Energy in Serbia
NIS a Serbian energy company and Betec a geothermal development firm in Belgrade have signed a Co-Operation Agreement on developing Geothermal energy in Serbia. The companies will jointly develop geothermal active areas in northern Serbia by drilling new production wells…
World Bank Approves $1.8 Million Grant to Boost Chilean Geothermal Market
The World Bank Board has approved a US$1.8 million Clean Technology Fund grant to strengthen the Chilean Ministry of Energy’s capacity to further develop the country’s geothermal sector and improve its energy security. The grant will contribute to Chile’s Energy…
Iran to build three power plants in Kazakhstan
Iran, Kazakhstan sign deal to construct 3 power plants – 2 wind plants and 1 thermal plant in Kazakhstan’s Caspian Sea Coast. Tehran and Astana have signed a contract worth $600 million to build three power plants in Kazakhstan, Iran’s…
Renewable energy increased in 2015
Renewable generation capacity increased by 152 gigawatts (GW) or 8.3% during 2015, the highest annual growth rate on record, according to new data released by the International Renewable Energy Agency (IRENA). Renewable Capacity Statistics 2016 finds that as of the…