Geothermal Engineering News
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Geothermal Energy
Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain position, ...
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The Ruggero Bertani European Geothermal Innovation Award 2024: Inspiring Geothermal Innovations
At EGEC, we continue celebrating the innovation and excellence of the Ruggero Bertani European Geothermal Innovation Award (EGIA) 2024 awardee, Vulcan Energie Ressourcen GmbH, along with the four finalists. The video titled “The Ruggero Bertani European Geothermal Innovation Award 2024: Inspiring Geothermal Innovations” showcases the journey of the winner and finalists, providing ...
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Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy
Quaise Energy, a company seeking to unlock terawatt-scale geothermal, announced this week the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen its supply chain ...
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In an effort to accelerate terawatt-scale geothermal energy, Quaise Energy has raised $21 million.
CAMBRIDGE, Mass. — Quaise Energy, the company unlocking terawatt-scale geothermal, announced today the closing of a $21 Million Series A1 financing round led by Prelude Ventures and Safar Partners. Mitsubishi Corporation and Standard Investments are among several new investors participating in the round. This latest funding will enhance the company’s field operations and strengthen ...
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European Geothermal Research and Innovation Search Engine (EGRISE)
ETIP-Geothermal proudly unveils the European Geothermal Research & Innovation Search Engine (EGRISE). With more than 10.000 publications/tools available, the EGRISE v2.0 enables the discovery of research products (e.g. project deliverables, papers, datasets) produced in EU-funded geothermal projects and by the whole geothermal community worldwide. This empowered version of EGRISE, developed ...
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Biden- Harris Administration Invests $60 Million to Expand Clean, Renewable Geothermal Energy
In support of President Biden's Investing in America agenda, the U.S. Department of Energy this week (Feb 13) announced the selection of three projects that will receive up to $60 million to demonstrate the efficacy and scalability of enhanced geothermal systems (EGS). Funded by the landmark Bipartisan Infrastructure Law, the pilot projects will use innovative technology and a variety of ...
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Announcing the Top 5 Most Innovative Geothermal Projects in 2024
EGEC is thrilled to announce the five endorsed nominations for the Ruggero Bertani European Geothermal Innovation Award 2024. The winner will be announced at GeoTHERM expo & congress, taking place between 29 February and 1 March 2024 in Offenburg, Germany. The distinguished finalists, listed in alphabetical order by company, are: Canopus Drilling Solutions Geothermal BV (Netherlands), with ...
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Geo Dipa, KKT to collaborate on North Patuha geothermal project, Indonesia
PT Geo Dipa Energi (Persero) and Kopjasa Ahli Teknosa (KKT) have signed a Memorandum of Understanding for a collaboration to develop ta geothermal project in the North Patuha area in Bandung Regency, Java, Indonesia. The MOU was signed by Ilen Kardani, Geo Dipa’s Director of Exploration and Commercial Development, and Hermawati Parinduri, Director of KKT, at the KKT Office in Jakarta. ...
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Geothermal project in Gauting, Germany presses on despite funding uncertainty
The Asto Group intends to continue with the geothermal project being developed in the municipality of Gauting in Bavaria, Germany, despite the cancellation of federal funding for such projects. “We don’t stop anything,” said Dr. Bernd Schulte-Middelich, Head of Geothermal at Asto Group. “We are in the middle of things, we are on schedule and we are not thinking about ...
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Geothermal action plan signed in North Brabant, Netherlands
The province of North Brabant in the Netherlands has signed the “Geothermal acceleration action plan” / “Actieplan versnelling Geothermie” which outlines the challenges for geothermal development in the province and designates a list of actions to address these challenges. Co-signing the action plan are the municipalities of Helmond, Tilburg, Breda, Eindhoven, ...
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2023 Retrospective – The ThinkGeoEnergy geothermal interviews series
The ThinkGeoEnergy 2023 Retrospective series is our way of looking back into the year that was, taking stock of our milestones as a media and research organization for the geothermal industry. While we have been conducting in-depth interviews for the past several years, we made a more concerted effort in 2023 to engage more frequently geothermal developers and service providers. Through these ...
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U.S. Department of Defense Turns to Advanced Geothermal for Energy Resilience
To power mission activities Department of Defense (DoD) installations often use electricity delivered through miles of electrical lines and fuel transported from distant locations. Prolonged power disruptions from wildfires, extreme weather, cybersecurity attacks and other events increase risks to DoD missions . Local and carbon-free sources of energy, such as from geothermal technologies, can ...
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Fervo Energy Announces Technology Breakthrough in Next-Generation Geothermal
Fervo Energy, a leader in next-generation geothermal technology, this week (July 18) announced that it has successfully completed the well test at its full-scale commercial pilot, Project Red, in northern Nevada. The company notes that the successful well test confirms the commercial viability of Fervo's drilling technology and establishes Project Red as the most productive enhanced geothermal ...
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Report from WGA Chairman Shows How West Can Lead on Geothermal Energy
The potential of geothermal energy in the West is vast and offers significant advantages and benefits in efforts to expand the portfolio of renewable energy resources, according to a report published in June by the Western Governors' Association. Advances in technology and increased interest in developing domestic sources of low-cost, reliable, clean energy have brought greater attention to the ...
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OU joins search for geothermal energy’s holy grail
From an obscure research facility on a forgotten edge of the University of Oklahoma’s North Campus, a professor and his students have begun a journey that someday may lead to the doorstep of Earth’s molten core. They are targeting a geological stratum known as the “superhot rock zone,” where temperatures approach 800 degrees Fahrenheit. Finding it is not a problem, but ...
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Europe's Six Most Innovative Geothermal Projects of 2022
In March 2023 the European Geothermal Energy Council (EGEC) will announce the final winner among the six endorsed nominations for the Ruggero Bertani European Geothermal Innovation Award 2023. The six finalists are (in alphabetical order by company): BRGM (France), with the project INHIBIOSOURCExpert.The safe use of low enthalpy geothermal installations in the Dogger Aquifer of the Paris Basin ...
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Biden-Harris Administration Announces $74 Million to Advance Enhanced Geothermal Systems
The U.S. Department of Energy this week (Feb 8) announced a funding opportunity of up to $74 million for up to seven pilot projects that will test the efficacy and scalability of enhanced geothermal systems (EGS). Directed by the landmark Bipartisan Infrastructure Law (BIL), the pilot projects will use innovative technology and a variety of development techniques to capture the Earth's abundant ...
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DOE Analysis Highlights Opportunities to Expand Clean, Affordable Geothermal Power
The U.S. Department of Energy this week 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's National Renewable Energy Laboratory (NREL), the Enhanced Geothermal Shot Analysis for the Geothermal Technologies Office finds that the goal of significantly expanding EGS deployment by ...
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First-of-its-kind Cross-Collaborative Study Highlights Momentum for Geothermal Energy in Texas
After a multi-year, multi-disciplinary, cross-collaborative effort, researchers at five Texas universities, the University Lands Office, and the International Energy Agency published a landmark study, "The Future of Geothermal in Texas: The Coming Century of Growth & Prosperity in the Lone Star State." Collaborators include researchers from multiple research institutions across the State, ...
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Enhanced Geothermal Systems Pilot May Provide Infinite Eenergy Source for JBSA
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, according to the Department of Defense. Overall, EGS technologies are in the early demonstration project phase, but that may change once they are tested through a new DOD pilot program for ...
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