Posted by johnio78 on May 30, 2009
By Peter B. Lord (The Providence Journal) EnergyCurrent.com
Because of stronger winds and a sea floor with fewer obstacles to construction, the most favorable places for wind turbines in Rhode Island coastal waters appear to be far offshore, where the turbines will be all but invisible from the mainland.
The rest of the article can be read at EnergyCurrent.com
Posted in Ocean/wave/tidal energy | Tagged: Ocean energy, Offshore wind farms | Leave a Comment »
Posted by johnio78 on May 30, 2009
By Eize de Vries (RenewableEnergyWorld.com)
MULTIBRID, now owned by French technology giant AREVA, has ambitious plans to launch a major assault on the offshore market with its 5 MW machine. …
The rest of the article can be read at RenewableEnergyWorld.com
Posted in Ocean/wave/tidal energy | Tagged: Ocean energy, Offshore wind farms | Leave a Comment »
Posted by johnio78 on May 29, 2009
CoalSack Energy Inc. is the world’s only “Clear Coal™” (as opposed to “Clean Coal”) technology. Coal is an excellent source of oil, gas, and clear burning fuel used by utilities to create electricity. Ours is the
only technology to yield all three byproducts through one integrated process. …..
The rest of the article can be read at CoalSlack Energy
Posted in Coal to Liquids | Leave a Comment »
Posted by johnio78 on May 29, 2009
U.S. Geothermal Inc.
U.S. Geothermal, announced today that it has been selected by the U.S.
Department of Energy (“DOE”) to enter into due diligence review on an $85 million project loan
for its Neal Hot Springs project in eastern Oregon. The DOE loan is expected to provide 80% of
the $106 million estimated total capital cost. Construction of a binary cycle power plant utilizing
significantly improved technology is expected to begin in mid 2010. The new plant, designed to
deliver 22 megawatts (“MW”) of power net to the grid, is scheduled to begin commercial
operations in late 2011. The DOE loan is anticipated to be a combined construction and long
term loan and provide the project with a low cost annual interest rate.
On February 26, 2009 U.S. Geothermal submitted an application for the Neal Hot Springs
project to the DOE’s Energy Efficiency, Renewable Energy and Advanced Transmission and
Distribution Solicitation loan guarantee program under Title XVII of the Energy Policy Act of
2005. The company was notified that its project application is complete, the power plant
technology choice qualifies as new or improved under the program, and the project has been
selected to proceed in the project loan process.
The renewable energy is expected to be sold under a long term power purchase agreement that is
currently under advanced negotiations.
“Another critical milestone in the development of our project at Neal Hot Springs has been
achieved and provides us with access to a source of low cost capital”, said Daniel Kunz, CEO
and President of U.S. Geothermal. “As we enter into due diligence with the DOE on this
important $85 million loan we can now work to complete the balance of the project requirements
necessary to construct an advanced and highly efficient geothermal power plant.”
U.S. Geothermal also announced today that it made a regular annual grant of compensation
options pursuant to its Stock Option Plan to directors, employees and consultants to acquire
1,795,000 shares in capital of the company. The options are exercisable at a price of US$0.92 per
share for a term of 5 years expiring May 26, 2014. The options will vest pursuant to the schedule
included in the company’s Stock Option Plan.
Posted in Geothermal | Tagged: Geothermal energy | Leave a Comment »
Posted by johnio78 on May 26, 2009
By Maurice Picow (GreenProphet)
Ormat Technologies (ORO) is involved in the proposed construction of a giant geo-thermal electric power plant in Indonesia, a country that is now in bad need of more electric power ….
The rest of the article can be read at GreenProphet.com
Posted in Geothermal | Tagged: Geothermal energy, Geothermal power plant | Leave a Comment »
Posted by johnio78 on May 26, 2009
By Tux Turker (EmergingCurrent.com) via YellowBrix
International energy companies are looking at Maine to test new designs for massive wind turbines and support structures that would float in deep water, out of sight of the coast and in line with the strongest breezes.
The rest of the article can be read at EmergingCurrent.com
Posted in Ocean/wave/tidal energy | Tagged: Ocean energy, Offshore wind farms | Leave a Comment »
Posted by johnio78 on May 25, 2009
By Gabriela Origlia (GreenMomentum.com)
The president of the Geoglobal Energy Chile (GGE), Greg Raash, announced the discovery of a commercial geothermal field during the exploration of San Gregorio, in the region of Caracautin, IX Region. …
The rest of the article can be read at GreenMomentum.com
Posted in Geothermal | Tagged: Geothermal energy | Leave a Comment »
Posted by johnio78 on May 25, 2009
By Mathew Murphy (TheAge.com.au)
Now a few Australian companies are attempting to prove that underground coal gasification (UCG) is more than just a promising idea but a technological and financial reality.
The rest of the article can be read at TheAge.com.au
Posted in Coal to Liquids | Tagged: Coal-to-Liquids (CTL), Underground Coal Gasification (UCG) | Leave a Comment »
Posted by johnio78 on May 23, 2009
By Power Engineering Magazine (RenewableEnergyWorld.com)
Orecon, the Cornish wave energy device developer, has signed an agreement with Portuguese developer Eneólica to establish a Joint Venture company ….
The rest of the article can be read at RenewableEnergyWorld.com
Posted in Ocean/wave/tidal energy | Tagged: Ocean energy, Wave energy | Leave a Comment »
Posted by johnio78 on May 22, 2009
By Mincho (PR-Canada.net)
today announced that it has initiated a strategic partnership with AXYS Technologies Inc. (AXYS) aimed at helping wind developers design more profitable offshore wind farms.
The rest of the article can be read at PR-Canada.net
Posted in Ocean/wave/tidal energy | Tagged: Ocean energy, Offshore wind farms | Leave a Comment »