Latest news
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
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
Spain's Abengoa inks an agreement with creditors for emergency loan
Spanish thermal solar power and engineering company Abengoa inked an accord with its creditor banks on Thursday for a 106-million-euro ($116.1 million) credit line to aid prevent what would be Spain's biggest-ever bankruptcy.
read more... 28/12/2015
Engie will vend thermal plants in U.S.
French gas and electricity conglomerate Engie intends to announce the sale of its thermal power generation plants in United States, and others might follow, as reported in the financial daily Les Echos.
read more... 11/12/2015
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