Enel Green Power has received final regulatory approval to construct its groundbreaking hybrid solar and geothermal power plant in Nevada.
In the age of renewable energy targets the magic numbers seem to be 2015 and 2020. For the European Union the target is to source 20% of its energy needs from renewables by 2020. California made 2015 the target to reach 20% renewable energy generation.
In its recently released Sixth Edition of the Geothermal Report, ABS Energy Research concludes that although 2009 was a very difficult year for the geothermal industry, the market will continue to grow over the next five years.
The European Union's long-term renewable energy strategy is yet another example which shows the geothermal industry, despite receiving less media attention, and even less funding than the solar, wind, and biofuel industries, continues to produce positive results.