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Azerbaijan Plans Caspian-Black Sea Energy Corridor

Cars That Think

If selected, “the project could qualify for 50 percent grant financing,” says Gachechiladze. In preparation for the conference, advocates of the energy corridor have been taking international journalists on tours of the country’s energy infrastructure. It’s a huge budget. billion ($2.5 billion) toward building the cable.

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Global geothermal industry passes 12,000 MW operational

Green Car Congress

The international geothermal power industry is poised to place between 500 and 1,000 MW on line per year for the rest of the decade, said GEA. GEA member commitments to financing and development stages included MidAmerican’s $1 billion pledge to extend the life of its Salton Sea, California geothermal fields.