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Philippines Invests in Geothermal Energy
The Philippines’ PetroEnergy Resources Corp. has signed an energy sales agreement with partner Trans-Asia Oil and Energy Development Corp. to purchase electricity generated by the 20 megawatt Maibarara geothermal project, which is schedule to come online...
Multilateral Investment Guarantee Agency Supports Geothermal Power Project in Kenya
The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, announced, on Tuesday in a statement issued in Nairobi, that it is continuing to support a geothermal power project that is providing clean,...
India, Iceland Jointly Explore Geothermal Energy
Due to Iceland’s unique geology, which includes a high concentration of volcanoes, five major geothermal power plants produce approximately 26.2 percent of the nation’s energy, while geothermal heating provides for the heating and hot water requirements...
Rwanda Needs $935m to Extract 310 Megawatt of Electricity From Geothermal Energy
Rwanda needs $935 million to extract 310 megawatt of electricity from geothermal energy in the next seven years. According to a press statement from the Rwandan Ministry of Infrastructure, the government plans to install geothermal drilling infrastructure...
Geothermal Capacity Could More Than Double By 2020
Increasing global investment in geothermal power could result in a 134% increase in total geothermal capacity between 2010 and 2020, according to a report released on March 7 by Pike Research.
Ethiopian Government to Implement Programs to Adapt to the Impacts of Climate Change
Ethiopia is preparing a draft program to help adapt to the effects of climate change in the country. According to local media reports-Ethiopian Radio, the Ethiopian Environmental Protection Authority (EPA) said that the country is developing hydro, wind...
Kenya Invites Foreign Investors to Help Develop Geothermal Fields
Kenyan Prime Minister, Raila Odinga has invited foreign private investors to develop geothermal fields in Kenya saying the country had the potential to provide 7,000 MW of clean and reliable geothermal energy. He noted that 90 per cent of the wells so...
