geothermal energy

BP's oil spill in the Gulf of Mexico garnered front page headlines again this week as debate over the amount of oil still floating in the Gulf heated up. 

Here are the Top 10 Renewable Energy News Stories You May Have Missed This Week:

A 120-megawatt geothermal energy plant is slated to be built on the Caribbean island of Saint Lucia.

Geothermal is often an energy-efficiency wallflower compared with the more popular solar and wind technologies. Although it offers advantages over other technologies, geothermal projects are slow to get going and expensive.

The Geothermal Energy Association (GEA) has released figures estimating that the geothermal industry could be worth up to $22.5 billion over the next 30 years in the US state of Nevada.

US Geothermal Inc. (AMEX:HTM) has announced a USD$30 million agreement with TAS Energy Inc., to build a 8.6 net megawatt geothermal power plant in Northern Nevada.

The World Bank has given US$330 million to the Kenya Electricity Expansion Project.  The funds will be used to increase geothermal capacity, as well as strengthen the country's electric grid.

This week's Renewable Energy Leader's Forum features an executive hailing from Iceland.  Alexander Richter helps coordinate the geothermal funding projects of a major Icelandic bank, Islandsbanki (translated, "Iceland's bank").  Islandsbanki is a major resource for the geothermal sector, which historically has a more difficul

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