This post brings you geothermal headlines from Mexico, Nicaragua, St. Kitts and Nevis, Kenya, New Zealand and The Philippines.
Click below to read the international geothermal roundup.
*Mexico: Government Conducting Research on Public Policy
Via SENER, the Energy Agency in Mexico- the Secretary of Energy of Mexico is conducting a research on public policy in order to promote and enhance the development of the geothermal industry in Mexico. In the event that the outcome of the research under process shows that carrying out public bid procedures on geothermal areas will be the best way to promote and encourage the industry, then the tenders containing the areas, terms and conditions of the individual procedures shall be made public through the institutional channels and the Federal Official Gazette.
*Nicaragua: San Jacinto-Tizate to Get Two New Wells
Polaris Energy Nicaragua SA (PENSA) and Iceland Drilling Co have signed a rig services agreement for work at the San Jacinto-Tizate geothermal project in Nicaragua. The work will include two new production wells and the work-over of four existing injection wells, with an option for a third new well. The drilling is expected to begin early next month.
*St. Kitts and Nevis: Geothermal Analysis Taps Guadeloupe Expertise
Teranov, a company based in Guadeloupe, will analyze the geothermal resource in St. Kitts according to a new memorandum of understanding. “Geothermal energy represents an essential resource for the Caribbean islands: it takes into account its environmental and social potential and constraints,” Jacques Chouraki, president of Teranov is quoted in local press. “To achieve this, we can rely on the French expertise and regional presence. To date, Guadeloupe remains the only Caribbean island that has a geothermal plant in operation: it is an asset that should be put forward.”
*Kenya: Energy Independence Increasing
Kenya’s Energy Regulatory Commission told press electricity imports from neighboring countries have decreased by 51.7% thanks to geothermal energy additions. Between July and December of last year, 280 MW of geothermal power was added into the national grid. In the first half of this year, Kenya imported 27.97 million kWh from Uganda and Ethiopia combined, down from 57.91 million kWh in same period the previous year. Kenya, Uganda and Rwanda have also discussed building a transmission line from Olkaria through Uganda to Birembo in Rwanda.
Asia and the Pacific
*New Zealand: Te Ahi O Maui Geothermal Gets $120M Approved
Eastland Group’s $120 million investment has been approved for the 20-MW Te Ahi O Maui geothermal development in Kawerau, New Zealand, a partnership with Kawerau A8D Whenua Trust. Chief executive Matt Todd told press drilling could begin April 2016, with operations predicted two-and-a-half years after that. “Geothermal will provide complementary base load generation to support an emerging market where solar photovoltaic (PV) plays a greater part in meeting the country’s energy needs,” he told press.
*The Philippines: PSALM to Discuss Next Moves for Unified Leyte
The Power Sector Assets Liabilities Management Corp. (PSALM) will soon meet to discuss the next move for the sale of remaining contracted capacity at the Unified Leyte Geothermal Power Plant (ULGPP). PSALM may then move to negotiate with Unified Leyte Geothermal Energy, Inc. (ULGEI), the sole company to bid on ULGPP in the recent auction; or PSALM may conduct another round of bids for the contract.
*The Philippines: Bac-Man Secures Funds
Geothermal power producer in the Philippines Bac-Man Geothermal Inc., a subsidiary of Energy Development Corp., has secured financial arrangements with Bank of the Philippine Islands, BDO Unibank, Inc. and Security Bank Corp. for loan agreements totaling P5 billion. Funds will be used to refinance debt from reimbursement costs of rehabilitating the Bac-Man geothermal complex, then for other capital expenditures including Bac-Man 3.