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Ormat signs PPA for new geothermal power plant in Guadeloupe

ThinkGeoEnergy

(Ormat) has signed a 30-year Power Purchase Agreement (PPA) with Electricité de France (EDF) for the development of a new 10-MW geothermal power plant on the Island of Guadeloupe. The power plant, of which 63.75% in equity interest will be held by Ormat, is expected to be operational by the end of 2025.

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Qingshui geothermal power plant, Taiwan hits 38m-kWh milestone

ThinkGeoEnergy

The operators of the Qingshui geothermal power plant in Yilan County, Taiwan, have announced that the project has now produced more than 38 million kWh of electricity as of the end of July 2023 since i ts opening in October 2021. The reservoir temperature is around 180 degrees Celsius at a depth from 1,200 to 2,100 meters.

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Environmental permit granted for Dora-5 geothermal power project in Aydin, Türkiye

ThinkGeoEnergy

MW Dora-5 geothermal power plant in the Kosk district of Aydin, Türkiye. We had previously reported on the start of the permitting process for the Dora-5 geothermal power project. MWe, the power plant is expected to generate 133, 293 MWh of clean electricity per year. At a capacity of 19.8

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Taipower inaugurates Renze geothermal power plant in Yilan County, Taiwan

ThinkGeoEnergy

State-owned electricity company Taiwan Power Co. Taipower) has inaugurated the 840-kW Renze geothermal power plant in Yilan County, Taiwan. The power plant is set to begin commercial operations by the end of this year. In a statement, Taipower said that the Renze geothermal power plant will generate 4.7

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Prešov region to support PW Energy for first geothermal power plant in Slovakia

ThinkGeoEnergy

The Prešov self-governing region has signed a memorandum of mutual cooperation with developer PW Energy for a geothermal power project in L’ubotice within the Prešov district. If the project proceeds, this will be first geothermal power plant in Slovakia. The planned geothermal project has a target capacity of 6.5

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IRENA reports 22% lower LCOE of geothermal power in 2022

ThinkGeoEnergy

Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”

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HEPCO, Obayashi commence geothermal exploration in Rusutsu, Japan

ThinkGeoEnergy

The Hokkaido Electric Power Company (HEPCO) with Obayashi Corporation have announced the start of an exploration campaign for geothermal power generation in the village of Rusutsu in Hokkaido, Japan near the southern foot of Mt. Shiribetsu.