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Exergy targets extra 200MW geothermal by 2017 in Turkey

The Turkish division of Italian producer in the geothermal sector, Exergy, targets to add 100 megawatts (MW) of geothermal power by the end of this year and with an extra 100 MW by 2017, declared Matteo Quaia, deputy general manager of Exergy Turkey.

read more... 15/08/2016

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Nordic Investment Bank grants funding for geothermal power plant in Iceland

Nordic Investment Bank (NIB) and electricity producer Landsvirkjun signed a USD 50 million long-term loan agreement without a guarantee of collection for the construction of the Theistareykir geothermal power plant in northeast Iceland.

read more... 01/07/2016

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European Investment Bank injects 125 million euros in Icelandic 90MW geothermal plant

European Investment Bank (EIB) has inked a EUR 125 million loan agreement with Landsvirkjun, the National Power Company of Iceland, to finance a new geothermal power station and its geothermal wells at Theistareykir, near Husavik in northeastern Iceland.

read more... 13/06/2016

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Poland will develop geothermal energy since wind farms spoil landscape

Poland, under pressure from the EU to reduce its utilization of extremely polluting coal, will develop geothermal energy resources rather than wind farms which destroy the landscape, as stated by its environment minister on Wednesday.

read more... 25/02/2016

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Scottish government awards almost a quarter of a million pounds to fund investigation in geothermal sector

Five projects to explore the possibility of sites in Scotland producing geothermal energy have received funding from Scottish government.

read more... 18/06/2015

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