Geothermal power plant coming to Iron County
Raser Technologies is planning for the 10-megawatt plant to supply power to California by the end of 2009.
County officials estimate the plant will bring $13 million to the county over 20 years.
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Japanese utilities buy into vast offshore wind farm in UK
TOKYO - Two of Japan's biggest power companies will buy around 40% of a German-owned developer of offshore wind farms in the U.K., seeking to learn from Britain's lead in this sector and bring the know-how back home.
Tokyo-based Electric Power Development, better known as J-Power, will join Osaka regional utility Kansai Electric Power in investing in a unit of Germany's Innogy.
The deal, estimated to be worth around $900 million, will give J-Power a 25% stake and Kansai Electric a roughly 16% share. It will mark the first investment in an offshore wind project by Japanese power companies.
Innogy plans to start…