U.S. Geothermal Nabs $102M DOE Loan Guarantee

The Department of Energy this morning announced the tenth award for a clean energy project under the long delayed loan guaranteed program. Oregon-based U.S. Geothermal has won the latest award, on a conditional basis, for $102.2 million.

Geothermal Might Be Heating Up, But Still Tepid for Investors

Geothermal power projects are “heating up” reports Jenn Kho due to increased backing from the U.S. government and new business models bringing projects online more quickly than in previous years. Kho cites numbers from the Geothermal Energy Association that says U.S. geothermal power projects grew 46 percent in 2009, up from about 30 percent in [...]

Q&A: Vulcan Power’s CEO on the Potential of Geothermal

At times it’s seemed like geothermal power is the Rodney Dangerfield of clean energy – it’s gotten little respect compared with glitzier cousins like solar and wind. But that image is changing as more investment flows into the industry and new technologies make tapping the heat below the earth’s surface cheaper and more accessible. According [...]

Geothermal Outlook in 3 Questions

CleanTechies catches up with Curt Robinson, executive director of the Geothermal Resources Council, for three quick questions:

CleanTechies: You’ve spoken at a number of conferences about the opportunities in international geothermal energy. What territories look most promising in 2010? What, in particular, is the outlook for China?

Ormat and NV Energy: 30 MW Geothermal Power Contract

Ormat and NV Energy Sign 30MW Geothermal Power Contract

Ormat Technologies, Inc. announced this week that it has signed a 20-year power purchase agreement (PPA) with NV Energy, Inc. for the purchase 30 megawatts (MW) from the McGinness Hills Geothermal project, which is currently under construction.

The PPA is subject to various approvals including the approval of the Public Utilities Commission of Nevada and is projected to come on line in 2012.

US Geothermal Stock

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Investing in Geothermal Stocks

When it comes to investing in geothermal stocks, there are only a handful of choices out there. The purpose of this article, then, will be to present all your options for investing in geothermal stocks, as well as some guidance on which ones are most likely to return nice gains. Here we go. . .