World Bank looking to finance geothermal exploration in developing countries

The World Bank has launched a major international effort to expand geothermal power generation in developing countries. The Global Geothermal Development Plan aims to mobilize an initial $500 million to identify promising geothermal sites and leverage financing for exploratory drilling. According to the World Bank, many developing nations have immense potential for geothermal energy, including those in the East Africa,...

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Guest post: Enhance monitoring and control for a more sustainable utility industry

Southeast Asia’s first “smart metropolis” is rising across the Strait of Johor in Malaysia. “Malaysia's Iskandar 'smart metropolis' seeks to offer a model to countries needing to accommodate the social and economic needs of fast-rising populations and environmental challenges,” said Ellis Rubinstein, president and chief executive officer of the New York Academy of Sciences. Since its inception in 2006 up to June this year,...

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Guest Post: Download SunEdison case study: Renewable projects and their approach to technology

South Africa looked globally for companies to develop in its renewable initiative to build 4GW of renewable energy. SunEdison recently closed financing on two of those projects which allows them to start construction. The company will start on the 30 megawatt AC Witkop Solar Park and 28 megawatt AC Soutpan Solar Park. When completed they will be the first utility scale solar projects to in Limpopo...

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Sustainable design: Looking with fresh eyes

With climate change’s effects becoming more and more evident, people are seeking ways to remove, or at least reduce, the environmental footprint of their activities. Sustainable design is a broad concept that pertains to designing physical objects, services or the environment itself to eliminate negative ecological impacts and achieve sustainability. In an interview with Ecoseed, Adital Ela, a member of TED Global Fellow and...

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American cleantech expert praises Asian and European industry leaders

LOS ANGELES — Clean technology researcher Ron Pernick praised the innovative initiatives that global leaders such as China and Germany have implemented in order to create a more sustainable future in downtown Los Angeles on November 15. The Founder and Managing Director of Clean Edge—a research and consulting firm revolving around clean technology—shared his insight at the LA office of global architecture...

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Blue Sphere gets approval for Ghanaian waste-to-energy project

Ghana is getting a landfill gas-to-energy project in a major landfill. Cleantech project integrator Blue Sphere Corp’s project at the Oti Sanitary Landfill has received government approval. The project will generate clean electricity as well as carbon credits, for around 200,000 to 800,000 euros in annual revenue for the next 21 years. For the Otis project, Blue Sphere is currently in the process of negotiating a...

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Study shows renewables can supply power ‘99.9% of the time by 2030’

Renewable energy could supply power to an entire large electric grid, according to a new research by the University of Delaware and Delaware Technical Community College. “These results break the conventional wisdom that renewable energy is too unreliable and expensive,” said co-author Willett Kempton, professor in the School of Marine Science and Policy in U.D.’s College of Earth, Ocean and Environment. “The key is to get the right combination of electricity sources...

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Mitsubishi breaks through Indonesia’s geothermal power sector

Mitsubishi Corporation will be acquiring 20 percent of Star Energy Geothermal Pte Ltd., a holding company that manages the operations of Indonesia’s largest geothermal power facility, the Wayang Windu. The move represents both Mitsubishi’s first operation of a geothermal power plant and its first entry in the Indonesian power market. In partnership with the Star Energy, the company said it aims to develop...

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Global renewable energy investments grow; India leads

New investments in renewable energy and fuels hit $257 billion globally in 2011, with India having the sharpest growth and China attracting the largest amount of deals, according to a report published by the Worldwatch Institute. Investment in India skyrocketed by 62 percent – the highest growth rate for any single country, over 2010 totals, the report noted. On the other hand China earned new investments of $52.2 billion in 2011, the largest sum for any country.

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Vietnam building its first geothermal power plant

Vietnam is on its way to building its pioneering geothermal power plant which will set the stage in tapping geothermal resources across its provinces in the entire country. The 25-megawatt power plant can operate for 24 hours a day without being affected by weather conditions, reported the Viet Nam News. As approved by the provincial authorities, it will be located in the Quang Tri province's Dakrong district...

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