Gallery: DOE Loans to Make Nevada the “Saudi Arabia of Geothermal Energ...

 

Of all the ‘mainstream’ forms of renewable energy, it seems that geothermal power is always left in the shadows compared to solar and wind power. However, that looks set to change with news that the US Department of Energy will fund geothermal projects in northwestern Nevada and southeast Oregon. With funds from the American Reinvestment and Recovery Act, the DOE has stated a “conditional commitment” to provide a partial guarantee for a rumoured $98.5 million loan to the Nevada Geothermal Power Company (NGP).

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