Latest Updates from Geothermal Energy

That's huge - 540 MW. Good luck to Kenya, Africa has significant renewable energy sources, and it is time they started using them. Let's hope many other African countries undertake such ambitious schemes for rengen..

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Toyota to Build Sh40 Billion Geothermal Power Plants | Electric Power News | Energy Central - http://www.energycentral.com/functional/news/news_detail.cfm?did=22275971

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1st Ever National GEA Geothermal Energy Summit - http://cleantechnica.com/2011/08/19/1st-ever-national-gea-geothermal-energy-summit/

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Green light for half billion dollar geothermal power station

New Zealand's growing reliance on geothermal steam to generate electricity will go up another notch in mid-2013, with state-owned MightyRiverPower Ltd announcing a new 82 Megawatt plant to be built at Ngatamariki, north of Taupo.

The $466 million project will be MRP's third in three years, having brought the 90MW Kawerau plant into production in 2008 and the 140MW Nga Awa Purua station on-line last year, in a plan announced in 2008 to build up to 400MW of new geothermal production.

http://www.stuff.co.nz/business/industries/5114250/Green-light-for-half-billion-dollar-geothermal-power-station

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What the Geothermal Heat Pump Industry Can Learn From the Solar Pros

While geothermal is the most efficient HVAC system to operate, it's a reliable and proven technology, provides solid financial returns, and directly decreases our country's use of imported oil, the solar photovoltaic industry has succeeded in being the fastest growing industry in the USA, according to SEIA, the solar energy industries association. Last year the solar industry grew by 67% compared to 30% for geothermal heat pump industry. The geothermal industry needs take its rightful place and make the investment and critical decisions needed to further increase growth of the industry.

http://www.renewableenergyworld.com/rea/blog/post/2011/06/what-the-geothermal-heat-pump-industry-can-learn-from-the-solar-pros

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A Guide to Geothermal Heat Pump (GHP) Investing, Part I

According to the Solar Energy Industry Association (SEIA), in 2010 solar was the fastest growing industry in the US, growing at 67%. The geothermal heat pump (GHP) industry still grew quickly compared to the whole economy, but it only grew at a modest 32% compared to solar.

According to Solar Buzz, at the end of 2009, the global solar market was $38.5 billion with the US installing nearly 8% solar, or $3.1 billion of the world market.

http://www.altenergystocks.com/archives/2011/06/a_guide_to_geothermal_heat_pump_ghp_investing_part_i.html

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Google, GE to Collaborate on Smart Grid, Geothermal - GE and Google don’t have a lot in common, but the industrial giant and the Internet powerhouse share an interesting in renewable energy. So they have come together to lobby for a so-called smart electricity grid and to collaborate, albeit in an unspecified way, in research into geothermal energy. - http://www.theenergycollective.com/TheEnergyCollective/28035

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New USGS Study Says Geothermal Has High Potential - A study today from the U.S. Geological Survey suggests geothermal has the potential to generate 529.9 gigawatts of electricity in the United States. Of the untapped potential, about 9 GW could come from conventional, identified geothermal systems, the study said. More than 30 GW could come from conventional, undiscovered geothermal resources, and the remainder could come from unconventional geothermal systems with high temperatures but low permeability of rock formations. - http://www.cleantech.com/news/3592/geothermal-could-add-529-gw-us

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New USGS Study Says Geothermal Has High Potential - A study today from the U.S. Geological Survey suggests geothermal has the potential to generate 529.9 gigawatts of electricity in the United States. Of the untapped potential, about 9 GW could come from conventional, identified geothermal systems, the study said. More than 30 GW could come from conventional, undiscovered geothermal resources, and the remainder could come from unconventional geothermal systems with high temperatures but low permeability of rock formations. - http://www.cleantech.com/news/3592/geothermal-could-add-529-gw-us

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Glitnir projects $29B U.S. geothermal energy sales - Iceland bank says potential electricity sales from enhanced geothermal tech in the US could be as high as $29 billion a year, according to Iceland’s Glitnir Bank. Glitnir, a leading geothermal investor in North America, noted that the United States leads the rest of the world in geothermal energy production, with 2,958 megawatts installed. The Philippines is the second largest geothermal producer in the world - http://www.cleantech.com/news/3638/glitnir-sees-surge-us-geothermal-projects

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