Final Close of Copenhagen Infrastructure III with EUR 3.5 billion.

Final Close of Copenhagen Infrastructure III with EUR 3.5 billion.

Copenhagen Infrastructure Partners’ (CIP) new fund, Copenhagen Infrastructure III (CI III), held a final close on March 23, 2018 at the EUR 3.5 billion hard cap exceeding the EUR 3.0 billion target fund size. The fund obtained commitments from 42 institutional investors comprised of pension companies, insurance companies, family offices, and asset/fund managers. The fund […]

Innergex completes $1.1 billion acquisition of Alterra Power.

Innergex completes $1.1 billion acquisition of Alterra Power.

Innergex Renewable Energy Inc. completed the previously disclosed acquisition of Alterra Power Corp. by way of an arrangement agreement pursuant to which Innergex acquired all of the issued and outstanding common shares of Alterra for an aggregate consideration of $1.1 billion, including the assumption of Alterra’s debt. Innergex’s acquisition of Alterrra, its largest and most […]

U.S. Geothermal Inc. to Present at B. Riley & Co. 17th Annual Investors Conference.

U.S. Geothermal Inc. to Present at B. Riley & Co. 17th Annual Investors Conference.

U.S. Geothermal Inc. a leading renewable energy company, today announced that Douglas Glaspey, President and Chief Operating Officer, will present at B. Riley & Co.’s 17th Annual Investor Conference on Thursday, May 26, 2016 at 2:00pm PST. The conference will be held May 25-26, 2016 at Lowes Hollywood Hotel in Hollywood, California. The two-day, invitation-only […]

Indonesian President calls for review of ambitious energy strategy.

Indonesian President calls for review of ambitious energy strategy.

Indonesia’s President Joko Widodo has called for a review of the ambitious energy target by the country, which includes evaluating current tender process, financing and management by utility PLN. Earlier this month, Indonesian President Joko Widodo has called for a review of the ambitious energy target by the country. Under the current strategy, Indonesia plans […]

Philippines DOE open to FIT but with a focus on low enthalpy and small scale projects.

Philippines DOE open to FIT but with a focus on low enthalpy and small scale projects.

The Philippines Department of Energy has replied to request of a feed-in-tariff for geothermal, stating that if so it would have to go through the proper policy channels, but should be focused on low enthalpy and smaller scale projects for energy market diversification purposes. Reported by the Manial Bulletin, DOE seems to be generally open […]

More than 500 municipalities in Italy utilising geothermal energy for heating and cooling.

More than 500 municipalities in Italy utilising geothermal energy for heating and cooling.

More than 500 municipalities in Italy are utilising geothermal energy for heating and cooling. Italy is seeing a remarkable growth in renewable energy utilisation over the past ten years. From around 15% ten years ago, renewable energy now represents about 36% of energy consumption in Italy. As reported by Eco Business, “thirty-nine Italian municipalities are […]

Croatia’s first geothermal plant operation target of May 2017.

Croatia’s first geothermal plant operation target of May 2017.

Croatia’s first geothermal power plant is expected to start operation in May 2017, according to the developer. Croatia’s first geothermal power plant is currently being developed with the help of an investor from Turkey. Dragan Jurilj, the owner of Geothermal company, together with his Turkish partner Muharrem Balet, the owner of MB Holding and Mega […]

Star Energy improves output at Wayang Windu and explores 60 MW expansion.

Star Energy improves output at Wayang Windu and explores 60 MW expansion.

In a recent financial rating report, Star Energy Geothermal reports being back on track with output of its Wayang Windu geothermal power plants and is exploring a 60 MW expansion. In a rating update, Fitch Ratings provides some details on the status of geothermal operations by Star Energy Geothermal’s activities at Wayang Windu in Indonesia. […]

Small players pushing geothermal agenda in Japan.

Small players pushing geothermal agenda in Japan.

Without participation of the big corporations, it is up to smaller companies in Japan to develop geothermal projects. Without the big geothermal push happening in the country, there are still companies that are actively pursuing geothermal development in Japan. One of the companies is Tokyo-based Renova Inc., a company that started out in the waste-recycling […]

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