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€200 Million Dutch Geothermal Financing Accelerates Sustainable Greenhouse Heat Growth

€200 Million Financing Accelerates Dutch Geothermal Energy Cluster in Centraal Oostland A new financing framework of up to €200 million is set to accelerate the development of a major geothermal energy cluster in Centraal Oostland, a greenhouse horticulture region in South Holland, the Netherlands. The facility, arranged by ING and Rabobank for renewable heat infrastructure platform 85 Degrees Renewable, will support the next phase of geothermal development in the region. The funding is expected to finance new geothermal wells, expand heat distribution infrastructure and strengthen the long-term growth of an integrated renewable heat platform serving greenhouse growers. The transaction is significant not only because of its size, but also because it demonstrates the growing ability of geothermal heat projects to attract institutional and bank financing. It highlights a shift from treating geothermal energy as a collection of individual drilling projects toward developing integrated hea...

Appi Geothermal Power Plant In Japan Starts Operations

Bringing Clean Energy to Life: Appi Geothermal Power Plant Goes Online


By Robert Buluma

In a significant stride towards sustainable energy production, the Appi Geothermal Power Plant has commenced commercial operations. This joint venture project, spearheaded by Appi Geothermal Energy Corporation (AGE), in collaboration with Mitsubishi Materials Corporation (MMC), Mitsubishi Gas Chemical Company Inc. (MGC), and Electric Power Development Co., Ltd. (J-POWER), marks a milestone in Japan's renewable energy journey.

The Power of Geothermal Energy:

Located in the picturesque Hachimantai region of Iwate Prefecture, the Appi Geothermal Power Plant harnesses the Earth's natural heat to generate electricity. With an impressive output capacity of 14,900 kW, this facility utilizes steam power through a single flash system, showcasing the potential of geothermal resources in meeting Japan's energy needs.

A Commitment to Sustainability:

The construction of the Appi Geothermal Power Plant commenced in August 2019, driven by a collective commitment to reducing CO2 emissions and ensuring a stable electricity supply. This endeavor aligns with Japan's broader goals of promoting renewable energy sources and mitigating the impacts of climate change.

Industry Collaboration for a Greener Future:

The successful operation of the Appi Geothermal Power Plant is a testament to the collaborative efforts of AGE, MMC, MGC, and J-POWER. Building upon the success of the Wasabizawa Geothermal Power Plant, this joint venture signifies a strategic partnership aimed at advancing renewable energy technologies and expanding their adoption across Japan.

Empowering Communities Through Renewable Energy:

The electricity generated by the Appi Geothermal Power Plant will be supplied to society under the Feed-In Tariff (FIT) system for renewable energy, contributing to the region's socio-economic development while promoting environmental sustainability. Moreover, this project is supported by the Japan Organization for Metals and Energy Security, underscoring its significance in national energy security efforts.

Looking Ahead:

As Japan continues its transition towards a low-carbon future, initiatives like the Appi Geothermal Power Plant serve as beacons of hope, demonstrating the feasibility and efficacy of renewable energy solutions. Through ongoing innovation and collaboration, stakeholders across industries are poised to accelerate the shift towards cleaner, more sustainable energy systems 

This article has a Similar way on how feed in Tariffs are done

The inauguration of the Appi Geothermal Power Plant marks a significant milestone in Japan's renewable energy landscape. By harnessing the Earth's natural resources in an environmentally responsible manner, this project exemplifies the potential of geothermal energy to drive positive change and pave the way towards a greener, more sustainable future. As we celebrate this achievement, let us renew our commitment to advancing renewable energy technologies and building a brighter tomorrow for generations to come. 

Source: Alphaxioms

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