Benelux_Infrastructure_Forum_171
10 November 2015 2015 01:37 AM GMT

U.S. Geothermal Inc. Signs Deal to Buy Geothermal Equipment

U.S. Geothermal Inc. has signed an agreement to acquire all of the major and long lead equipment for the construction of three binary geothermal power plants at what it called “a significant discount.”

The equipment was part of an order for six power plant units by another geothermal developer, but only three were installed. The components for the three units being purchased are all new and unused, and have been held in storage. Upon closing of the transaction, they will be moved to a company owned site.

The equipment is from the same manufacturers, and is of a similar size and design, to that installed at the company’s Neal Hot Springs and San Emidio power plants. The design output of the acquired units totals approximately 35 megawatts. Actual output of each unit will be determined by resource conditions found at the sites at which the equipment is ultimately installed.

The three equipment packages which represent approximately 70% of the components needed for the complete plants, will meet the major and long lead equipment requirements for the company’s proposed Crescent Valley I power plant (25MW) and San Emidio II power plant (10MW).

August 5th 2017
Invenergy, GE Renewable Energy Announce 2GW Facility: Largest Wind Farm In US

Invenergy and GE Renewable Energy have announced a 2GW wind farm that will be the largest in the U.S. and second-largest in the world, once operational, in 2020. The Wind Catcher facility is under construction in the Oklahoma panhandle and will use 800 state-of-the-art GE 2.5 MW turbines. It will link more than 1.1 million customers with wind energy harvested domestically, saving them more than $7 billion, and will support 4,000 direct and 4,400 indirect jobs annually during construction and 80 permanent jobs once operational. “Wind Catcher shows American leadership in bringing low-cost clean energy to market at Giga scale,” said Invenergy’s Founder and CEO Michael Polsky.

August 4th 2017
Enel Awarded 339 MW Of Solar Capacity In Spanish Renewables Tender

Enel S.p.A., acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 339 MW of solar capacity in Spain. The award followed the tender aiming at collecting 3 GW from renewable energies, launched by the Spanish Government to help the country achieve its target to cover 20% of energy consumption from renewables by 2020. The solar capacity adds to the 540 MW of wind power capacity that EGPE was already awarded last May. “This new milestone confirms our commitment to green energy in Spain, a country which continues to offer growth opportunities for our renewable projects,” said Antonio Cammisecra, Enel’s Head of Global Renewable Energies.