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Geothermal Summit set for summer
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Geothermal Summit set for summer
T
HE GEOTHERMAL Energy Association plans to holds its annual GEA ‘Geothermal’ Summit to kick off in Reno, Nevada, 5–6 August at the Grand Sierra Resort. The event, now in its fourth year, draws wide range of geothermal professionals to discuss the opportunities and challenges facing geothermal industry growth. Policy makers, utilities officials, industry leaders and geothermal professionals will gather to discuss the opportunities and challenges facing geothermal industry growth. Often referred to as the “the global business center for geothermal,” Nevada is home to 12 major geothermal developers/operators. Additionally, the geothermal energy plants surrounding Reno produce enough power to support the city’s residential load. “The United States is the leader in geothermal, and the Western States are trailblazers for the technology,” noted Kari Gawell, GEA executive director. “But there is much work to be done for geothermal to reach its potential. It is imperative to bring together policy makers and business leaders to examine the challenges that are holding back geothermal.” Presentations and break-out sessions scheduled to take place at the GEA Summit will address a range of topics. Confirmed speakers include: Commissioner David Hochschild, California Energy Commission; Karen Edson, Vice President, Policy and Client Services, California ISO; Barry Dong, Manager Geothermal/Biomass, Los Angeles Department of Water and Power (LADWP); Carl Stills, Energy Manager, Imperial Irrigation District, Keith Martin, Partner, Chadboune Parke LLP; Randy Keller, Director of Development, Transmission & Land Assets, CalEnergy; and Bob Sullivan, Vice President of Business Development, Ormat. U.S. Senate Majority Leader Harry Reid (D-NV) will provide a video greeting.
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May/June 2014 | Renewable Energy Focus
Vergnet expands services for UK market
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IND TURBINE manufacturer Vergnet will provide operation and maintenance service for its UK clients. For Vergnet, which boasts a 25-year track record working with developers worldwide, the announcement comes at a time of growth for the medium wind energy company. With more than 20 wind projects in the UK, Vergnet to date has installed medium scale wind turbines on farms in Cornwall, Leicester, Lincolnshire, Northamptonshire, Northumberland, Nottinghamshire, Suffolk, Scotland and Northern Ireland. The dedicated UK operations and maintenance service will provide Vergnet’s customers with a full aftersales service while offering additional benefits, such as better security for business planning and control of expenditure and performance. Diana Popa, Vergnet’s UK spokesperson, commented on the announcement, which was made at the recent All Energy 2014 Conference in Aberdeen, Scotland. “For over 20 years, Vergnet has been a partner of choice for developers worldwide and with a growing record of success in the UK. Effective O&M services are an extremely important consideration for
Vergnet’s medium-scale wind turbines are used for wind energy projects from 200 to 500kW, with a broad range of options depending on site conditions. developers of medium wind projects, and the right service will help to manage costs, reduce downtime and maximise profit throughout the lifetime of the project.” Popa said the opening a dedicated service in the UK allows Vergnet to deliver this service in closer proximity to a growing number of turbines. ”
Noesis Energy taps former EPA executive to head new finance unit
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OESIS ENERGY has tapped Michael Park, a former US Department of Energy executive, to lead newly formed project finance group at Noesis. The hiring of Mr. Park is in keeping with Noesis Energy’s expanding role as a provider of financing solutions for energy project developers. Scott Harmon, CEO of Noesis Energy, sees Mr. Park playing a crucial role in supporting energy project developers as they create energy efficiency proposals. “Many of the developers who use the Noesis platform to analyze and verify energy savings have limited experience presenting
financing solutions to the ultimate decision maker: the CFO,” Harmon explained. “Michael brings the CFO perspective and can provide essential support to ensure energy project developers have access to the most suitable financing products at the best terms.” In his previous capacity at the DoE, Mr. Park was a senior investment officer in the loan guarantee programs office. There, he formulated deal terms in the underwriting and due diligence process for investment in high-profile innovative renewable energy projects, totaling more than $2 billion in loan requests.
Geothermal Summit set for summer
T
HE GEOTHERMAL Energy Association plans to holds its annual GEA ‘Geothermal’ Summit to kick off in Reno, Nevada, 5–6 August at the Grand Sierra Resort. The event, now in its fourth year, draws wide range of geothermal professionals to discuss the opportunities and challenges facing geothermal industry growth. Policy makers, utilities officials, industry leaders and geothermal professionals will gather to discuss the opportunities and challenges facing geothermal industry growth. Often referred to as the “the global business center for geothermal,” Nevada is home to 12 major geothermal developers/operators. Additionally, the geothermal energy plants surrounding Reno produce enough power to support the city’s residential load. “The United States is the leader in geothermal, and the Western States are trailblazers for the technology,” noted Kari Gawell, GEA executive director. “But there is much work to be done for geothermal to reach its potential. It is imperative to bring together policy makers and business leaders to examine the challenges that are holding back geothermal.” Presentations and break-out sessions scheduled to take place at the GEA Summit will address a range of topics. Confirmed speakers include: Commissioner David Hochschild, California Energy Commission; Karen Edson, Vice President, Policy and Client Services, California ISO; Barry Dong, Manager Geothermal/Biomass, Los Angeles Department of Water and Power (LADWP); Carl Stills, Energy Manager, Imperial Irrigation District, Keith Martin, Partner, Chadboune Parke LLP; Randy Keller, Director of Development, Transmission & Land Assets, CalEnergy; and Bob Sullivan, Vice President of Business Development, Ormat. U.S. Senate Majority Leader Harry Reid (D-NV) will provide a video greeting.
8
May/June 2014 | Renewable Energy Focus
Vergnet expands services for UK market
W
IND TURBINE manufacturer Vergnet will provide operation and maintenance service for its UK clients. For Vergnet, which boasts a 25-year track record working with developers worldwide, the announcement comes at a time of growth for the medium wind energy company. With more than 20 wind projects in the UK, Vergnet to date has installed medium scale wind turbines on farms in Cornwall, Leicester, Lincolnshire, Northamptonshire, Northumberland, Nottinghamshire, Suffolk, Scotland and Northern Ireland. The dedicated UK operations and maintenance service will provide Vergnet’s customers with a full aftersales service while offering additional benefits, such as better security for business planning and control of expenditure and performance. Diana Popa, Vergnet’s UK spokesperson, commented on the announcement, which was made at the recent All Energy 2014 Conference in Aberdeen, Scotland. “For over 20 years, Vergnet has been a partner of choice for developers worldwide and with a growing record of success in the UK. Effective O&M services are an extremely important consideration for
Vergnet’s medium-scale wind turbines are used for wind energy projects from 200 to 500kW, with a broad range of options depending on site conditions. developers of medium wind projects, and the right service will help to manage costs, reduce downtime and maximise profit throughout the lifetime of the project.” Popa said the opening a dedicated service in the UK allows Vergnet to deliver this service in closer proximity to a growing number of turbines. ”
Noesis Energy taps former EPA executive to head new finance unit
N
OESIS ENERGY has tapped Michael Park, a former US Department of Energy executive, to lead newly formed project finance group at Noesis. The hiring of Mr. Park is in keeping with Noesis Energy’s expanding role as a provider of financing solutions for energy project developers. Scott Harmon, CEO of Noesis Energy, sees Mr. Park playing a crucial role in supporting energy project developers as they create energy efficiency proposals. “Many of the developers who use the Noesis platform to analyze and verify energy savings have limited experience presenting
financing solutions to the ultimate decision maker: the CFO,” Harmon explained. “Michael brings the CFO perspective and can provide essential support to ensure energy project developers have access to the most suitable financing products at the best terms.” In his previous capacity at the DoE, Mr. Park was a senior investment officer in the loan guarantee programs office. There, he formulated deal terms in the underwriting and due diligence process for investment in high-profile innovative renewable energy projects, totaling more than $2 billion in loan requests.