Iceland, China To Collaborate On Geothermal Energy Development

Iceland will collaborate with China to increase China’s geothermal power generation, Bloomberg reported. China now considers Iceland as its primary partner in the geothermal transformation of the country, according to Olafur R. Grimsson, president of Iceland. The collaboration is likely to reduce China’s over reliance on polluting coal-power plants. China aims at generating 15% of [...]

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Energy Recovery and Geothermal Company Decides not to Bid on Ashalim Solar Thermal Energy Project

Ormat Technologies, Inc. (NYSE:ORA), announced today that following the announcement of September 13 ,2010, its subsidiary, Ormat Systems Ltd. (“Ormat”), in accordance with its business partner Solar Millennium AG, has resolved not to submit a bid for the Solar Thermal tender at Ashalim, Israel. This mutually agreed decision is a result of both companies examination [...]

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