Drilling has commenced at the Geothermie-Projekt Groß-Gerau in Trebur, a neighborhood in Groß-Gerau district in Hessen, near Frankfurt in Germany.
The geothermal power from the hot dry rock being a renewable power source is anticipated to strengthen the non-fossil fuel based on the economy of the future. Not too long ago, a investigation was performed on HDR technologies. The study, revealed that mining big amounts of heat stored as thermal power in the earth’s hard rock crust, could provide a important share of the electrical energy for future. This is expected to be obtained at competitive costs and with minimal environmental outcomes.
We signed our initial geothermal energy agreement in 1983, and our clients are now benefiting from more than 385 megawatts of installed geothermal power capacity in Nevada. And, we have new contracts for a lot more than 150 megawatts of additional geothermal energy, which is in the building or development stage. According to the Geothermal Energy Association, Nevada leads the nation in geothermal power development.
Ormat Technologies, Inc. announced currently it has signed an Investment Agreement and Shareholders Agreement with Sageos holding, a fully owned subsidiary of Bureau de Recherches Géologiques et Minières (BRGM) , the French governmental geological survey corporation, to obtain, progressively, 85% of Geothermie Bouillante SA GB owns and operates the Bouillante geothermal power plant. This plant at present generates roughly ten MW, and owns two exploration licenses with a total further prospective capacity of up to 30 MW, all located in Guadeloupe Island, a French territory in the Caribbean.
Concentrated solar is a different way of generating renewable electricity making use of the energy of the sun. At present there are a substantial number of approaches of doing this, but there are generally some similarities in all concentrated solar projects. This, as the name would suggest, is the truth that they utilise some approach to concentrate the energy of the sun into a smaller location than it would commonly take place in, and this is typically performed working with a mirrored surface.