ThinkGeoEnergy

OCTOBER 23, 2023

Greenfield development projects – Ormat has acquired the rights to explore and potentially develop two greenfield projects, one adjacent to the Cove Fort power plant, and the other in a high-potential geothermal resource area in California. Ormat Technologies, Inc. Highway at Cove Fort historic site in Utah, U.S.

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ThinkGeoEnergy

APRIL 5, 2024

Heber Diez went on to say that the investment requirement of geothermal represents a slight fraction of what is spent for the oil industry. Geothermal power plants have a higher capacity factor, even compared to gas plants, and can operate regardless of time of day and weather conditions.

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ThinkGeoEnergy

MARCH 27, 2024

The original developer of the Makushin geothermal power project in city of Unalaska in Alaska has now been removed from the project following the expiry of the PPA that has been signed with the City. However, there is hope yet for the geothermal project as the City seems to have plans of developing it under a different structure.

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