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Showing posts with the label Power Purchase

Eavor Inks A Deal To Supply Geretsreid With Geothermal Energy

Geretsried Sets the Stage for Climate Neutrality with Innovative Geothermal Energy Project By: Robert Buluma Nestled in the heart of Bavaria, the picturesque town of Geretsried is poised to become a beacon of sustainable living and environmental stewardship with its latest groundbreaking initiative – a pioneering geothermal energy project. In a triumphant collaboration between the local government, the Geretsried Municipal Utilities, and Eavor Erdwärme Geretsried GmbH, the town has embarked on a journey towards a greener, more resilient future. The recent signing of a heat supply contract marks a significant milestone in Geretsried's quest for renewable energy dominance. With the agreement in place, Isar Loisach Naturwärme GmbH, a subsidiary of the Geretsried Municipal Utilities, will receive up to 81,200 MWh/year of clean, CO2-free heat from Eavor Erdwärme Geretsried GmbH. This partnership heralds a new era of sustainable energy production, positioning Geretsried as a trailblazer

Ormat Technologies and EDF Sign A Power Purchase Agreement For Guadeloupe Geothermal Plant

Revolutionizing Renewable Energy: Ormat Technologies' Geothermal Power Plant in Guadeloupe By : Robert Buluma In a significant leap towards a sustainable future, Ormat Technologies, Inc. has announced the signing of a groundbreaking Power Purchase Agreement (PPA) with Electricité de France (EDF) for the development of a new geothermal power plant on the picturesque Island of Guadeloupe. This partnership marks a pivotal moment in the renewable energy sector, emphasizing the crucial role of geothermal energy in combating climate change and fostering global energy transition efforts. Driving Sustainable Energy Solutions Ormat Technologies, a leading renewable energy company with over five decades of experience, continues to spearhead innovation in the field of geothermal power generation. The new 10MW geothermal power plant will complement Ormat’s existing 15MW Bouillante geothermal power plant, consolidating its position as a key player in the renewable energy landscape. Harnessing t

Geothermal Energy Auction,ON Power Seeks Buyers for Sustainable Electricity

Green Energy Auction: ON Power Seeks Buyers for Sustainable Electricity By  Robert Buluma As the world's focus increasingly turns towards sustainable energy solutions, ON Power, a leading provider of clean electricity, is making waves with its latest initiative. With operations in the Hengill area and Burgarfjordur, ON Power is dedicated to providing sustainable energy solutions for their community needs and beyond. With the expiration of their current contract imminent, ON Power is actively seeking buyers for 150 MW of clean electricity generated from Geothermal and Hydropower plants. Through a European bidding platform, the company aims to secure buyers for the next 2-4 years. CEO Arni Hrannar emphasizes that transparency and fairness will be at the forefront of this process, ensuring that all stakeholders have equal opportunities to participate. "This initiative not only benefits the company but also contributes to a more energy-efficient future for all," states CEO Ar