Archive for the " geo thermal energy " Category

U.S. Geothermal Resale Registration Statements Declared Effective

February 3rd, 2010

U.S. Geothermal Inc. (TSX: GTH)(NYSE Amex: HTM) (”U.S. Geothermal”), a renewable energy company focused on the production and sale of electricity from geothermal energy, clarified today that the Securities and Exchange Commission declared the resale registration statements filed by U.S. Geothermal, effective on January 29, 2010. The registration statements register for resale the shares [...]

Denham Capital Invests an Additional $108 Million in Geothermal Developer Vulcan Power Company

February 3rd, 2010

BEND, Ore. & BOSTON–(BUSINESS WIRE)–Vulcan Power Company (“Vulcan”), a developer of geothermal energy projects, and Denham Capital, an energy- and commodities-focused private investment firm, announced today that an affiliate of Denham Capital has invested $108 million in preferred and common stock of Vulcan. This is the second equity investment in Vulcan by such Denham Capital [...]

Mighty River Power tests $430m geothermal project, lodges consent for another

January 19th, 2010

Mighty River Power is a step closer to completing its $430 million Nga Awa Purua geothermal power station and has lodged consents for another $400 million geothermal station at Ngatamariki, near Taupo.
The state-owned company said testing at Nga Awa Purua was conducted over the weekend and electricity was added to the national grid.
The 132 MW [...]

US to tighten geothermal drilling rules amidst earthquake fears

January 19th, 2010

Leaked documents suggest geothermal energy developers will be forced to monitor seismic activity more closely.
The US Department of Energy (DoE) is to impose new safety regulations on geothermal energy projects designed to address fears that drilling deep holes in order to access energy released by so-called hot rocks could increase local earthquake risks.
According to documents [...]

Sierra Geothermal Power Concerned Shareholder Invites Fellow Shareholders to a Conference Call Today Discussing Sierra’s Future

January 14th, 2010

Sierra Geothermal Power Corp. (”Sierra” or the “Company” or “SGP”) Concerned Shareholder invites its fellow shareholders to attend a conference call today, Monday, January 11, 2010, at 11:00 a.m. PST / 2:00 p.m. EST to discuss its Proxy Circular in advance of the Company’s Special Meeting of Shareholders (”Meeting”). During the call, the Concerned Shareholder [...]

Highly Enriched Uranium Withdrawn From Turkey

January 14th, 2010

The last notable amount of highly enriched uranium in Turkey has been withdrawn and shipped back to the United States as part of Washington’s global effort to prevent terrorists from acquiring nuclear material, the National Nuclear Security Administration said yesterday (see GSN, Sept. 15, 2009).
To remove the final 11.9 pounds of uranium from Turkey, the [...]

Uranium may be last chance for prosperity

January 14th, 2010

So at last Freddie Ingram comes to his senses and supports uranium mining?
Did you notice that he did this one day after voting in favor of banning uranium mining within 25 miles of the Mega-Park-a distance that includes Coles Hill?
Still, it’s wonderful that Mr. Ingram understands the potential benefits of this billion-dollar project if it [...]

Attention Sierra Geothermal Shareholders: The “Concerned Shareholder” Is Not Concerned About You

January 13th, 2010

Sierra Geothermal Power Corp. (TSX VENTURE:SRA) (”SGP”) today cautioned its shareholders that the “concerned shareholder” behind a dissident proxy circular is not concerned with the interests of all Sierra shareholders. The “concerned shareholder” is attempting to seize control of Sierra’s Board at a special meeting scheduled for January 26, 2010.
In a letter to shareholders, Sierra’s [...]

IES and Gaia Geothermal Offer Geothermal Bundle for HVAC Engineers

January 13th, 2010

BOSTON - (Business Wire) This flexible, user-friendly Geothermal Bundle is comprised of both the IES and the Gaia Geothermal Ground Loop Design (GLD) software suite. The Bundle enables geothermal HVAC designers/engineers to first calculate hourly loads data using the Apache whole-building dynamic thermal engine built into the IES . Designers can then easily import [...]

U.S. Geothermal Annual General Meeting

December 22nd, 2009

U.S. Geothermal Inc. (”U.S. Geothermal”) (TSX: GTH)(NYSE Amex: HTM), a renewable energy company focused on the production and sale of electricity from geothermal energy, announced a corporate update on business conducted at their Annual General Meeting (”AGM”) held on December 17th at the corporate headquarters in Boise, Idaho. All proposals submitted to shareholders for [...]