Geothermal Energy News

Vulcan Energy Announces December Quarterly Activities Report
Germany >> 2/2/2023 - Vulcan Energy Resources Limited continued to operate its commercial renewable energy plant successfully and deliver on its strategy to develop the Zero Carbon Lithium™ Project during the December 2022...
Veolia & Innargi Will Explore the Potential for Geothermal Energy in Poznan
Poland >> 2/1/2023 - Veolia Energia Polska, Veolia Energia Poznan and Innargi have entered into an agreement on exploring the potential for 100 MW of geothermal energy for district heating. The project is aimed at decar...
Baker & FFI to Collaborate on Exploring Green Hydrogen and Geothermal Projects
Italy >> 1/30/2023 - Memorandum of understanding sets groundwork for collaboration to decarbonize hard-to-abate industries including mining, steel and cement Collaboration to leverage respective expertise to explore pote...
DOE Analysis Highlights Opportunities to Expand Clean, Affordable Geothermal Power
United States >> 1/25/2023 - The U.S. Department of Energy (DOE) released a new analysis quantifying the potential of enhanced geothermal systems (EGS) as a widespread renewable energy option in the United States. Prepared by DOE...
AboitizPower Holds Groundbreaking Ceremony for New 17MW Binary Geothermal Plant
Philippines >> 1/20/2023 - Aboitiz Power Corporation (AboitizPower), through its subsidiary AP Renewables Inc., hosted the groundbreaking ceremony for the new Tiwi Binary Geothermal Power Plant Project today, 17 January 2023, i...
Vulcan and Stellantis Explore Geothermal Energy to Supply Rüsselsheim Plant
Netherlands/Holland >> 1/17/2023 - • Project marks Stellantis’ first potential use of geothermal energy to decarbonize and localize its European operations, among renewable energy supply portfolio
• Stellantis plans to be the indu...
ZeroGeo Energy and Sage Geosystems Announce Partnership on Geothermal Baseload Projects
United States >> 1/16/2023 - ZeroGeo Energy GmbH (ZGS) and Sage Geosystems Inc. (Sage) announce a Joint Venture Agreement (JVA) to jointly engage in the business of energy storage in the earth and/or geothermal baseload energy (d...
Ormat Secured a Financing Agreement for the Development of Ijen Geothermal Project
Indonesia >> 1/12/2023 - Ormat Technologies (ORA) and PT Medco Power Indonesia (“Medco Power”) through their subsidiary company, PT Medco Cahaya Geothermal (“MCG”), signed a Financing Agreement with PT Sarana Multi Infrastruk...
Market Leaders in Closed Loop Geothermal Sign Exclusive Heads of Terms to Drive Large Industrial
United Kingdom >> 1/12/2023 - Two market leaders aim to pioneer large-scale commercial geothermal heating networks to meet the challenge and resilience of UK energy by building scalable cost-effective heat networks, as CeraPhi Ene...
Getech Signs Strategic Agreement to Jointly Evaluate Geothermal Energy Projects
United Kingdom >> 1/10/2023 - Getech, the geoenergy and green hydrogen company, has announced the signing of a Strategic Collaboration Agreement with Eavor Technology, a global geothermal technology company.

The Strateg...
DoD Issues Request for Proposal for Onsite Geothermal Electricity Generation Prototypes
United States >> 1/10/2023 - The Department of Defense (DoD) announced a Request for Proposal (RFP) for an onsite geothermal electricity-generation prototype via the Defense Innovation Unit (DIU) website.

Given geotherma...
GreenFire & CPC Enter into MOU for Closed-Loop Geothermal
Taiwan >> 1/10/2023 - GreenFire Energy Inc. and CPC Corporation, Taiwan (“CPC”), have signed a memorandum of understanding (MOU) to work together to develop geothermal projects in Taiwan. This agreement enables both compan...
Enhanced Geothermal Systems Pilot May Provide Infinite Energy Source for JBSA
United States >> 1/9/2023 - Enhanced Geothermal Systems, or EGS, are promising technologies which, by tapping into heat stranded in rocks below the Earth’s surface, may enable reliable electric power production across the nation...
KenGen Announces New Year Plan to Fast Track Deployment of Renewable Energy
Kenya >> 1/5/2023 - Kenya Electricity Generating Company PLC (KenGen) has announced a renewed plan to scale up the deployment of renewable energy in the country by adding an additional 3000MW.

This new campaig...
INPEX Joins the Rajabasa Geothermal Project in Indonesia
Indonesia >> 1/4/2023 - INPEX CORPORATION (INPEX) announced it has joined the Rajabasa Geothermal Project (the Project) in Indonesia through INPEX GEOTHERMAL, LTD. (INPEX GEOTHERMAL), a subsidiary established for the purp...
Conclusion of Finance-Related Agreement Concerning Geothermal Power Generation Project
Japan >> 12/28/2022 - RENOVA, Inc. (“RENOVA”) informs that it has changed its planned schedule for commencing operation of Minami Aso Yunotani Geothermal Power Project from December 2022 to March 2023 upon facility inspect...
INPEX GEOTHERMAL Establishes Jakarta Office
Indonesia >> 12/21/2022 - INPEX CORPORATION (INPEX) announced that its wholly owned subsidiary INPEX GEOTHERMAL, Ltd. (INPEX Geothermal), which was established for the purpose of conducting geothermal business operations, ha...
Globeleq Signs Financing Agreement with Senior Lenders on $108M in Kenya
Kenya >> 12/15/2022 - Globeleq, the leading private power company in Africa, announces that it has signed financing agreements with the African Development Bank (AfDB) (as mandated lead arranger), Finnfund and the Eastern ...
US DOE Announces over $15M to Drive down Costs of Geothermal Drilling
United States >> 12/14/2022 - The U.S. Department of Energy (DOE) announced over $15 million in funding for two projects that will reduce the cost of developing geothermal energy by generating at least a 25% improvement in geother...
Chevron & Baseload Capital Create JV to Explore Geothermal Development Opportunities
United States >> 12/14/2022 - Chevron Corporation (CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States. The two companies will co...

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