Ok I am constantly on the
lookout for excellent ideas on
Alternative Energy Sources. Now, I
come across a very
nice article that talks
about Eco Energy Sources from a different
light. Today’s article is titled Geothermal Energy Companies .
Article by Amit Raju
The geo thermo heating has lots of advantages over other processes of generating electricity. Hence a large number of private as well as public enterprise companies have turned into geothermo companies and have entered into the business of producing electricity from geo thermo sources like natural geysers or areas where there is enough heat under the rocks of earth.
A large number of MNCs are into the production of electricity from geothermal energy stores inside the earth. The US counts itself as the largest producer of geothermal energy. The nation produces more than 2000 megawatts of geothermal power.
There are many other countries where geothermal companies are active in producing electricity from power plants established near the geysers or the areas which are rich in geo heat.
With the rise in competition among themselves more and more such geothermal companies are selling shares in the stock market too. Some people consider it as a good investment to buy geothermal shares because it is expected to rise in the years to come. This has been proved by the company called Ormat Technologies which has derived a gain of more than 150%.
This Ormat Technologies is one such company which is into recovered energy generation (REG) and is dedicated to find more solutions for geothermal power and remote power. The company specializes in building, developing, designing, and operating geothermal energy based power plants in different places around the globe. They try to develop technological requirements to overcome some of the disadvantages of geothermal power plants so that it doesn’t harm the environment in the coming days. They have been able to provide more than 800 MW of electricity in different parts of the world.
Like Ormat there are thousands of geothermal companies operating in different countries around the world or in those places which have rich sources of geo heating. They take into consideration both the pros and cons of geothermal heating and try to make the best utilization of such energy sources. Let us have a look at some other big companies which area acting as geothermal enterprises.
Magma Power Company is working in California and it is also in the search and development of processes and technological advancements to make geothermal energy one of the best possible alternative sources like solar energy. This company is the pioneer in producing geothermal energy in the US. Then we have more companies like Vulcan which is also considered as a very good company of geothermo sources.
The other geothermo companies are Enel which is an Italian company, Econar and Borel Geothermal, Delaware in China, Chevron Corporation which is the largest producer of geothermal energy in the world. Then you have more companies in different places around the globe like KenGen, Olkaria, Wairakei and Kawerau, Calpine Corporation, AMAX and others.
Amit Raju owns and operates http://www.lacasseheating.com, focusing on Geo Thermo heating and cooling.
Geothermal Energy Companies
Best regards,
JamesGallo
ekonenargi@gmail.com
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