Category: Geothermal

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Origin sells Indo geothermal for $40m

Origin sells Indo geothermal for $40m

Origin Energy is continuing with its asset sales, banking $40 million from the sale of its stake in an Indonesian geothermal project. Origin will offload its 50 percent of OTP Geo ...

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ARENA funding kicks off geothermal mapping

ARENA funding kicks off geothermal mapping

The University of Adelaide has begun a 1.62 million project to map Australia’s geothermal resources. The Australian Renewable Energy Agency this week committed $450,000 in funding ...

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NZ teams with Philippines on geothermal

NZ teams with Philippines on geothermal

New Zealand research institute GNS Science is teaming up with Philippine geothermal firm Energy Development Corp to work on geothermal projects across a number of markets. The par ...

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$3.5 million geothermal for pioneering council

$3.5 million geothermal for pioneering council

Winton Shire Council, in Queensland’s central west has approved a $3.5 million geothermal facility that will provide power for council infrastructure. Two 150kW geothermal plants ...

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NZ/Japan sign geothermal MOU

NZ/Japan sign geothermal MOU

New Zealand has signed an agreement with Japan which will see the two countries collaborate on the development of geothermal energy. NZ Energy and Resources Minister, Simon Bridge ...

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Geodynamics gets into biogas

Geodynamics gets into biogas

Australian geothermal developer Geodynamics has made a $8 million takeover bid for biogas producer Quantum Power Ltd. The all stock offer is part of Geodynamics’ strategy to diver ...

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Kiwi geothermal consultancy leaves uni, turns profit

Kiwi geothermal consultancy leaves uni, turns profit

New Zealand’s global leadership in geothermal energy has been underlined by the performance of university spin-off International Earth Sciences, which has turned a profit just six ...

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UN agency gives geothermal big tick for agriculture

UN agency gives geothermal big tick for agriculture

The expansion of geothermal energy use in developing countries has been strongly endorsed in a report from United Nations agency the Food and Agriculture Organisation (FAO). “It’s ...

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Geodyamics explores 8MW project in Vanuatu

Geodyamics explores 8MW project in Vanuatu

ASX listed Geodynamics has received environmental approval for the exploration phase of a 8MW geothermal plant in Vanuatu. The announcement shows that while geothermal energy stru ...

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Geothermal now#2 in NZ

Geothermal now#2 in NZ

Geothermal is now second to hydro as the most important source of fuel for electricity for New Zealand, according to kiwi electricity producer and retailer Mighty River Power. Acc ...

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