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Zimbabwe to build first utility-scale geothermal power plant

ThinkGeoEnergy

Zimbabwe has announced plans of constructing a 10-MW geothermal power plant at the Chimbwawata Hot Springs in the Binga district. The announcement comes after the country has experienced increase drought frequency resulting in lower output from hydropower plants which accounts for about 69% of Zimbabwe’s energy generation.

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IRENA reports 22% lower LCOE of geothermal power in 2022

ThinkGeoEnergy

This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.” Almost all forms of renewable power became more competitive in 2022, with offshore wind and hydropower as the only exceptions.

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Eastland Group raises capital to support geothermal projects in New Zealand

ThinkGeoEnergy

Eastland Grou p has announced a successful capital raise via the sale of 50% interest in Eastland Generation to Japan-based international construction and engineering company Obayashi Corporation. Te Ahi o Maui (pictured) was Eastland Generation’s first geothermal power plant they built from the ground up.

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RENOVA participates in 17.4-MW Kiangan Hydroelectric Power Project in Philippines

Renewable Energy World

Construction of the plant began in April 2021 and is proceeding on schedule. The project is being constructed by Santa Clara International Corporation. Our participation in the Kiangan Project signifies our confidence in and commitment to the Philippines energy market, transparent and open to foreign capitals.”

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Renewable power plants need better planning and design

Renewable Energy World

In 2018, about two-thirds of new energy capacity installed was renewable. degrees Fahrenheit), the best-case scenario outlined at the Paris Climate Accord, global investment in renewable energy needs to double over the next decade. The world will need thousands of new solar, wind, and geothermal power plants.

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Event - New Frontiers in Renewable Energy and Resources

Green Market Oracle

New Frontiers in Renewable Energy and Resources will take place on November 25-26, 2019 in Rome, Italy. The theme is "Renewable Energy for a Better Future" and the it will include: Keynote talks, Plenary sessions, Discussion Panels, B2B Meetings, Poster symposia, Video Presentations, and Workshops.

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MIGA, World Bank increases insurance coverage for Tulu Moye geothermal, Ethiopia

ThinkGeoEnergy

The project consists of the design, development, construction, operation, and maintenance of Phase 1 of a planned 150-MW greenfield geothermal power plant in Oromia Regional State in Ethiopia. Drilling for the Tulu Moye geothermal project is well underway with drilling contracts signed with both KenGen and Marriott Drilling.