Ormat Technologies has Completed the Upgrade of the Steamboat 2/3 Projects

Ormat Technologies, Inc. announced the successful completion of the Steamboat 2/3 upgrade project. The upgrade included the replacement of the 4 Rotoflow centrifugal expenders originally installed at these plants with direct drive gearless 11 MW axial turbines each designed and manufactured by Ormat specifically for geothermal use. “With the completion... 

MidAmerican Energy Holdings Company Reaches Tentative Agreement to Acquire Constellation Energy

MidAmerican Energy Holdings Company and Constellation Energy announced the companies have reached a tentative agreement in which MidAmerican will purchase all of the outstanding shares of Constellation Energy for a cash consideration of approximately $4.7 billion, or $26.50 per share. The companies expect to enter into a definitive merger agreement... 

William Blair & Company Publishes Two Reports on the Energy Industry

William Blair & Company, L.L.C. announced the publication of two comprehensive reports on the energy industry—one covering alternative power generation, titled “Next-Generation Energy Technology,” and the other focusing on replacement fuels and alternative transportation, titled “Alternative Energy in the Transportation Sector: Fossil Fuels... 

Auburn School District Progresses to Next Phase with Atlantic Energy Solutions

Atlantic Energy Solutions, Inc. announce that it is entering the third and final phase of its $6.1 million energy efficiency project with the Auburn Enlarged City School District located in Central New York. This project, which has already resulted in annual savings to the school district of over a quarter of a million dollars, began in 2004 with the... 

Panasas Parallel Storage Drives Completion of Seismic Processing Jobs Up to Six Times Faster for Geofizyka Krakow

Panasas, Inc., the global leader in parallel storage solutions, today announced that, through the deployment of a Panasas AS3000 parallel storage solution, Geofizyka Krakow is completing seismic processing jobs up to six times faster. This performance boost positively impacts its geophysicists’ productivity by providing faster results and the... 

Nevada Geothermal Power Completes US$180 Million Project Financing for Blue Mountain Geothermal Power Plant

Nevada Geothermal Power Inc. announced today the close of US$180 million loan facility on for the construction of the Blue Mountain Phase 1 geothermal power plant with funds and accounts managed by TCW Asset Management Company (TCW). The “Faulkner 1″ geothermal plant will have a capacity of 49.5 MW (gross) and electricity generated will... 

Raser Wins West Java Geothermal Development Concession

Raser Technologies, Inc. announced that it was chosen to develop, in conjunction with Indonesia Power, over 100,000 acres of geothermal resources to build an estimated 110 megawatts (MW) of geothermal power in West Java, Indonesia’s most populated island. The 412 square kilometers concession surrounds the Tangkuban Perahu volcano, approximately 15... 

New plants convert waste pipeline heat into clean electricity

Pristine Power Inc. and ENMAX Green Power Inc. announced that commercial operations have started at their jointly owned Enpower 5 MW Energy Recovery Generation (ERG) project in British Columbia under the terms of a 20-year electricity purchase agreement with BC Hydro. The plant, located in Savona, about 45 km west of Kamloops, generates electricity... 

AltaRock Energy Finalizes Deal with Weyerhaeuser to Explore Engineered Geothermal System (EGS) Potential on 667,000 Acres in California, Oregon and Washington

AltaRock Energy Inc. announced it had finalized agreements with Weyerhaeuser Company and the Weyerhaeuser Company Foundation allowing it to explore the potential for developing geothermal projects in California, Oregon, and Washington. The geothermal rights, totaling nearly 667,000 acres, include approximately 25,400 acres in Northern California, 378,500... 

Nevada Geothermal Power Inc. Provides Update on Blue Mountain Geothermal Power Project

Nevada Geothermal Power Inc. provide the following update on Phase 1 development activities at its Blue Mountain, Faulkner I, 49.5 MW (gross) renewable energy geothermal power project. A financing facility for the construction of the 49.5 MW Blue Mountain Faulkner I project in Nevada is expected to close shortly. NGP continues to maintain project timelines...