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Tesla Breaks Ground as Nevada Takes Lead for New Factory

The state has courted cleaner manufacturers through incentives such as sales and use tax reductions to manufacturers that use solar, wind, biomass, fuel cells, geothermal and...

Hitachi CEO Eyes Deeper Ties, Merger Talks With Mitsubishi

Building gas turbines and pumps for thermal, nuclear and geothermal power plants already delivers more than one-third of revenues at Mitsubishi Heavy. It's the Tokyo-based...

Orix Plans to Build as Many as 15 Geothermal Plants in Japan

Orix Corp., a Tokyo-based finance and leasing company, plans to build as many as 15 geothermal power stations in Japan in the next five years. The company, which has been...

Shinsei Plans $2 Billion of Loans for Clean Energy in Japan

The bank is also looking at wind, biomass and geothermal projects as it wants to diversify lending targets, Makizumi said. Large-scale solar will'' probably peak out this year...

China Calls for Local Planning on Geothermal Energy Use

China, the world's biggest carbon emitter, asked local authorities to draft plans for geothermal ... The nation wants to first develop geothermal power in areas with...

Drax Carbon-Capture Plan Is Biggest Winner of EU Funds

Bioenergy projects in Denmark, Estonia, Latvia, Spain and Sweden also won EU funds, as did geothermal projects in Croatia and France, wave power projects in Ireland and...

Mitsubishi Heavy Affirms Energy Push After Alstom Bid Rejected

Building gas turbines and pumps for thermal, nuclear and geothermal ... It signed a memorandum of understanding in 2010 with Reykjavik Energy, an Icelandic geothermal power utility,...

Oil Rigs in U.S. Gain to Record Amid Surging Crude Prices

Miscellaneous rigs, which usually drill for geothermal energy, were unchanged at two. Energy rigs in Canada surged by 21 to 265, following a seasonal drilling pattern. To...

Singapore Billionaire Bets Big on Energy in Africa, Asia

Geothermal ... Chandler Corp. is also pursuing geothermal energy through Orka Energy, which operates in China, Iceland and the Philippines; coal-bed methane gas in China via Hong...

Desert Hot Springs Debates Police Versus Bankruptcy Path

The 51-year-old city about 110 miles (175 kilometers) from Los Angeles boasts 15 boutique spas fed by geothermally heated mineral water. It used to lure Hollywood royalty such...

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