Organic Rankine cycle

TerraScale Inc. Announces it is an Official Authorized Reseller for Equinix, The World's Digital Infrastructure Company™

Retrieved on: 
Saturday, April 29, 2023

SANTA MONICA, Calif., April 28, 2023 /PRNewswire-PRWeb/ -- TerraScale Inc. announced today that it has been named authorized reseller for Equinix Inc. the world's digital infrastructure company™. Equinix boasts over 240 International Business Exchange™ (IBX®) data centers with an ecosystem of 10,000+ companies including 55%+ of Fortune 500. With the most peers, the most markets and the most traffic, Equinix Internet Exchange® spans over 35 peering exchange points around the globe with traffic peaks that exceed 10 terabits per second (Tbps).

Key Points: 
  • Equinix boasts over 240 International Business Exchange™ (IBX®) data centers with an ecosystem of 10,000+ companies including 55%+ of Fortune 500.
  • TerraScale became an authorized reseller for Equinix due to its green infrastructure projects in the United States and Japan and other international markets.
  • I look forward to working with TerraScale to reduce our carbon footprint and create a sustainable future for generations to come."
  • Additionally, as renewable fuel production gains traction, they will play an increasingly important role as reliable backup options.

Geothermal Technologies to Build Power Plant in Colorado’s Denver-Julesburg Basin

Retrieved on: 
Tuesday, April 11, 2023

“This is an important step forward in our plans to construct a first-of-its-kind geothermal power plant in the D-J using GTI’s proprietary suite of technologies,” said J. Gary McDaniel, CEO of GTI.

Key Points: 
  • “This is an important step forward in our plans to construct a first-of-its-kind geothermal power plant in the D-J using GTI’s proprietary suite of technologies,” said J. Gary McDaniel, CEO of GTI.
  • “We are excited about the potential that exists in Colorado for the development of advanced geothermal power.
  • Geothermal electricity is a baseload power source that is available “24/7” which dramatically complements other sources of intermittent renewable power.
  • Geothermal power has been a missing piece of the renewable power puzzle in Colorado, and elsewhere around the world.

Organic Rankine Cycle Market to Reach USD 769.27 Million by 2032 | Global Installed Capacity of the ORC System to Surpass 4,500 Mwel, Says Extrapolate

Retrieved on: 
Monday, March 27, 2023

DUBAI, UAE, March 27, 2023 /PRNewswire/ -- According to Extrapolate, the Organic Rankine Cycle (ORC) Market is expected to grow significantly over the forthcoming years.

Key Points: 
  • DUBAI, UAE, March 27, 2023 /PRNewswire/ -- According to Extrapolate, the Organic Rankine Cycle (ORC) Market is expected to grow significantly over the forthcoming years.
  • The market size is predicted to increase from USD 509.8 million in 2022 to USD 769.27 million by 2032 at a CAGR of 4.2%.
  • These countries are expected to increase their installed ORC capacity in the coming years considerably.
  • Browse the Complete Report Here: https://www.extrapolate.com/energy-and-power/organic-rankine-market/87401
    The global organic rankine cycle industry is highly competitive, with several key players operating in the market.

Organic Rankine Cycle Market to Reach USD 769.27 Million by 2032 | Global Installed Capacity of the ORC System to Surpass 4,500 Mwel, Says Extrapolate

Retrieved on: 
Monday, March 27, 2023

DUBAI, UAE, March 27, 2023 /PRNewswire/ -- According to Extrapolate, the Organic Rankine Cycle (ORC) Market is expected to grow significantly over the forthcoming years.

Key Points: 
  • DUBAI, UAE, March 27, 2023 /PRNewswire/ -- According to Extrapolate, the Organic Rankine Cycle (ORC) Market is expected to grow significantly over the forthcoming years.
  • The market size is predicted to increase from USD 509.8 million in 2022 to USD 769.27 million by 2032 at a CAGR of 4.2%.
  • These countries are expected to increase their installed ORC capacity in the coming years considerably.
  • Browse the Complete Report Here: https://www.extrapolate.com/energy-and-power/organic-rankine-market/87401
    The global organic rankine cycle industry is highly competitive, with several key players operating in the market.

Canada’s First Co-Produced Geothermal Power Project is Operational

Retrieved on: 
Wednesday, March 22, 2023

The Project is held within FutEra’s wholly owned subsidiary Swan Hills Geothermal Power Corp. (“Swan Hills Power”).

Key Points: 
  • The Project is held within FutEra’s wholly owned subsidiary Swan Hills Geothermal Power Corp. (“Swan Hills Power”).
  • Razor and FutEra are appreciative for their direct support of the Project and for the vision of partnering in geothermal power generation in Canada.
  • Emissions Reduction Alberta (“ERA”) contributed $10 million to the Project, ensuring that an Alberta company would construct and operate the first commercial co-produced geothermal power project in Canada.
  • FutEra and Razor will continue geothermal energy development with a second co-produced geothermal power project under design, and ready to construct in 2023/24.

Eavor’s next-generation geothermal project awarded €91,6 million grant from the European Innovation Fund

Retrieved on: 
Thursday, March 9, 2023

DÜSSELDORF, Germany, March 09, 2023 (GLOBE NEWSWIRE) --  Eavor Technologies Inc. and Eavor Erdwärme Geretsried GmbH (together “Eavor”), the leader in globally scalable geothermal closed-loop technology, has been awarded a €91,6 million grant from the European Innovation Fund (“EIF”), in support of the Eavor-Europe™ geothermal project already under construction in Bavaria south of Munich near the town of Geretsried, Germany.

Key Points: 
  • John Redfern, President, CEO and Co-Founder at Eavor Technologies Inc., stated: “I’d like to thank the European Commission.
  • We at Eavor are humbled to be included in the EIF program alongside so many prestigious European multinationals.
  • The project will result in 8,2 MWe and ~44.000 tCO2e GHG emissions avoided per year including anticipated heat offtake and power sales.
  • Philippe Dumas, Secretary General at the European Geothermal Energy Council, stated: “I’m glad to see the EC Innovation Fund supporting the geothermal project submitted by Eavor GmbH to commercially demonstrate innovative renewable district heating and power supply in Geretsried, Germany.

Success Achieved in "Next-Generation Oilless Cryogenic ORC Turbine Generator" Operation by Liquid Nitrogen

Retrieved on: 
Tuesday, February 28, 2023

The innovative generator adapts the turbine generator featuring a hermetically sealed oilless structure, of the kind used in ORC generation, to cryogenic power generation(1).

Key Points: 
  • The innovative generator adapts the turbine generator featuring a hermetically sealed oilless structure, of the kind used in ORC generation, to cryogenic power generation(1).
  • The testing demonstrated that with use of liquid nitrogen as the cryogenic energy source it is possible to secure a stable refrigerant cycle and the specified regeneration output without freezing-induced clogging, etc.
  • even under conditions more severe than the low temperatures of conventional LNG (liquefied natural gas) cryogenic generation.
  • The new ORC turbine generator, developed in-house applying MHI Group's comprehensive turbine and cryo-temperature technologies, adopts oilless magnetic bearings and a hermetically sealed structure that prevents refrigerant leakage outside the system.

Professor Robert Dibble Joins TerraScale Inc.'s Advisory Board

Retrieved on: 
Thursday, January 26, 2023

SANTA MONICA, Calif., Jan. 26, 2023 /PRNewswire-PRWeb/ -- TerraScale Inc., a five-time award-winning green development, infrastructure and finance firm formed with the goal of accelerating the transition to a more sustainable planet, today appointed Professor Robert Dibble to its Advisory Board. Dr. Dibble will serve under the leadership of advisory board chairman, LT. General (Ret.) Russel Honoré.

Key Points: 
  • SANTA MONICA, Calif., Jan. 26, 2023 /PRNewswire-PRWeb/ -- TerraScale Inc. , a five-time award-winning green development, infrastructure and finance firm formed with the goal of accelerating the transition to a more sustainable planet, today appointed Professor Robert Dibble to its Advisory Board.
  • Dr. Dibble will serve under the leadership of advisory board chairman, LT. General (Ret.)
  • "We have been honored to collaborate with Professor Dibble since 2021.
  • "We are extremely honored to welcome the esteemed Dr. Dibble to the TerraScale advisory board and team."

The Waste Heat To Power Market Is Expected To Grow At A 13% Annual Rate Supported By Government Initiatives, By The Business Research company

Retrieved on: 
Tuesday, November 15, 2022

LONDON, Nov. 15, 2022 /PRNewswire/ -- Government initiatives on maximizing energy efficiency will drive the waste heat to power market growth. The government initiatives on the managing of waste heat from the oil, gas, or cement industry will impact the market in a positive way. For instance, in January 2022, the government of India, announced it intends to achieve net zero emissions by 2070 and to meet 50% of its electricity needs from renewable sources by 2030, marking a watershed point in the global effort to combat climate change. India is setting the bar for a novel approach to economic growth that might sidestep the carbon-intensive strategies many nations have previously adopted and serve as a model for other emerging markets.  Government initiatives will support the waste heat to power market going forward.

Key Points: 
  • LONDON, Nov. 15, 2022 /PRNewswire/ --Government initiatives on maximizing energy efficiency will drive the waste heat to power market growth.
  • The global waste heat to power market is expected to grow from $13.44 billion in 2021 to $15.67 billion in 2022 at a compound annual growth rate (CAGR) of 16.6%.
  • The waste heat to power market share is expected to reach $25.65 billion in 2026 at a CAGR of 13.1%.
  • As per the waste heat to power market research , product innovation is a key trend gaining popularity in the waste heat to power market with companies coming up with innovative waste heat to power processes and systems.

The Waste Heat To Power Market Is Expected To Grow At A 13% Annual Rate Supported By Government Initiatives, By The Business Research company

Retrieved on: 
Tuesday, November 15, 2022

LONDON, Nov. 15, 2022 /PRNewswire/ -- Government initiatives on maximizing energy efficiency will drive the waste heat to power market growth. The government initiatives on the managing of waste heat from the oil, gas, or cement industry will impact the market in a positive way. For instance, in January 2022, the government of India, announced it intends to achieve net zero emissions by 2070 and to meet 50% of its electricity needs from renewable sources by 2030, marking a watershed point in the global effort to combat climate change. India is setting the bar for a novel approach to economic growth that might sidestep the carbon-intensive strategies many nations have previously adopted and serve as a model for other emerging markets.  Government initiatives will support the waste heat to power market going forward.

Key Points: 
  • LONDON, Nov. 15, 2022 /PRNewswire/ --Government initiatives on maximizing energy efficiency will drive the waste heat to power market growth.
  • The global waste heat to power market is expected to grow from $13.44 billion in 2021 to $15.67 billion in 2022 at a compound annual growth rate (CAGR) of 16.6%.
  • The waste heat to power market share is expected to reach $25.65 billion in 2026 at a CAGR of 13.1%.
  • As per the waste heat to power market research , product innovation is a key trend gaining popularity in the waste heat to power market with companies coming up with innovative waste heat to power processes and systems.