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Geothermal Plant Gets Funding

Geothermal Plant Gets Funding
DOE funds will help finance construction of a geothermal facility using advanced technology. The U.S. Department of Energy has offered a $102.2 million loan guarantee, its first for geothermal energy, to U.S. Geothermal , based in Boise, ID. The guarantee is designed to support construction of a 22-megawatt plant at Neal Hot Springs, near Vale, OR.

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Kenya Seeks $920 Million of Loans for Geothermal Power Plants

Kenya Seeks $920 Million of Loans for Geothermal Power Plants
March 30 (Bloomberg) — Kenya Electricity Generating Co. , the east African nation’s biggest power producer, is seeking $920 million of international loans to build two geothermal power plants.

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