ZITON secures a long-term and viable capital structure
Wind Energy – Capital Lenders and shareholders of ZITON have reached an agreement which will significantly improve the capital structure
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Finance
US DOE offers funds for geothermal deployment at federal sites
U.S. Congress building, Washington, DC, U.S. (source: flickr/ prameya, creative commons) Working with a team led by ORNL, the U.S.
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Ormat signs 20-year PPA with California’s CC Power
Flow tests at Mammoth Lakes, California (source: flickr, Ormat/ BLM) The PPA between Ormat and CC Power, an agency of
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Criterion Energy Partners secures DOE grant
Fred Hartman Bridge, Baytown, Texas (source: flickr/ Patrick Feller, creative commons) Criterion Energy Partners has won a U.S. DOE grant
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PT Pertamina Geothermal Energy IPO allegedly already registered
Lahendong geothermal power plant, Indonsia (source: Pertamina Geothermal Energy) News from Indonesia report that registration for the planned IPO of
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EDC to receive USD 266 million funding for growth initiatives
Mindanao geothermal plant, Philippines (source: EDC) EDC is expected to spend an earmarked budget of USD 220 million to fund
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Indonesia revises regulation on funding facilities for geothermal development
In late April 2022, the Indonesian has revised important regulation on funding facilities for geothermal development in Indonesia. Since 2017,
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BLM Utah leases eight parcels during geothermal lease sale
Twin Peaks cinder cones, Black Rock Desert, Utah (source: flickr/ Fool-On-The-Hill, creative commons) The geothermal lease sale of BLM Utah
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CROWDTHERMAL introduces services for community-funded geothermal projects
CROWDTHERMAL First International Conference, 7 April 2022 (source: YouTube screenshot, CROWDTHERMAL project) During their first international conference, the CROWDTHERMAL project
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Californian aggregator signs 15-year PPA with Ormat
26 MW Heber repowered binary geothermal facility, California (source: Ormat) Effective January 1, 2023, Peninsula Clean Energy will be purchasing
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Chinese geothermal company issues first green bond in geothermal sector
Shanghai Stock Exchange, China (source: flickr/ shankar s., creative commons) Chinese geothermal heating company Sinopec Green Energy Geothermal Development, a
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