Geothermal Power Plants 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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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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Sorik Marapi Unit 4 geothermal power plant in Indonesia announces COD
KS Orka Renewables Pty Ltd (KS Orka), via subsidiary PT Sorik Marapi Geothermal Power (PT SMGP), has announced the start of commercial operations of the 50-MW Sorik Marapi Unit 4 geothermal power plant in North Sumatra, Indonesia. With the acceptance of the Unit Rated Capacity Test for Sorik Marapi Unit 4, it officially commenced commercial operation on December 16, 2023 and is now ready to ...
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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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Exergy to supply geothermal binary power plant for Emirler in Denizli, Türkiye
Exergy International (Exergy) has signed a contract for the supply of an 8-MW geothermal binary power plant to Emirler Enerji Elektrik Uretim A.S. for the Emirler 1 Unit 2 geothermal power plant in Saraykoy in the Denizli region of Türkiye. “We are honored to include Emirler Enerji among our partners, with whom we want to create long-term synergies and provide services that can ...
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Injection of CO2 Started at ON Power’s Geothermal Plant in Nesjavellir, Iceland
Carbfix’s new pilot CCS plant at ON Power’s geothermal plant at Nesjavellir, Iceland is now operational and injection of CO2 and H2S has started at the site. This is a result of significant research and development carried out within the EU Horizon2020 project GECO to further improve the Carbfix technology. The captured CO2 is injected into the basaltic subsurface at the Nesjavellir injection ...
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Full Steam Ahead: Unearthing the Power of Geothermal
Geothermal energy—literally “heat from the Earth”—may be hard to see, but thanks to increasing public interest and outreach it is not hidden anymore. While geothermal power plants have delivered renewable power for more than 100 years, recent research and advancements have shown that geothermal is more than a 24/7 clean power source. “Geothermal is a triple resource: an energy source for heating, ...
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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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Salher collaborates with large engineering organisations in the energy sector
Water and energy are naturally interconnected. To generate electricity or fuel by coal, oil and gas extraction, geothermal power stations, hydroelectric plants, nuclear plants, solar power plants and, to a lesser degree, wind power plants, the water footprint can be very important. Energy and Water’s interdependence. According to a report Thirsty Energy initiative of The World Bank Group, ...
By Salher
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DOE Announces $16 Million to Support Community-Driven Pathways to Clean Energy
The U.S. Department of Energy this week (Sept 15) launched the Local Energy Action Program (Communities LEAP) an initiative designed to help environmental justice communities and communities with historical ties to fossil fuel industries take direct control of their clean energy future. The Communities LEAP pilot program provides supportive services valued at up to $16 million to help communities ...
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Calpine and GE Renewable Energy Complete Santa Ana Storage Project in Southern California
Calpine and GE Renewable Energy announced this week the completion of the Santa Ana Storage Project (SASP) in Southern California. The project contains a 20MW/80MWh (4hr) standalone battery energy storage system using GE's Reservoir energy storage technology. The system, now in commercial operation, is supported by a 20-year Resource Adequacy Power Purchase Agreement (PPA). The project will be ...
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NREL 2021 U.S. Geothermal Market Report Released
The U.S. Department of Energy's Geothermal Technologies Office (GTO) announced this week that the National Renewable Energy Laboratory has published its much-anticipated 2021 U.S. Geothermal Power Production and District Heating Market Report, which highlights areas where the geothermal power sector is primed for technological innovation. The report identifies significant opportunities for ...
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The outlook of the geothermal sector looks positive, despite COVID-19 disruption, so the geothermal decade has definitively kicked off
2010-2020 was a decade of sustained growth disrupted at the end by the economic impacts of the COVID-19 pandemic. While the effects of the crisis should be short term, the growing interest for geothermal energy in Europe is expected to boost investment in the sector. These findings come from the European Geothermal Market Report 2020 published today by the European Geothermal Energy Council ...
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GeoInnAwards2021 Nominees: On power
On power has been chosen as one of the six exceptional nominees of the Ruggero Bertani European Geothermal Innovation Awards 2021 with “Geothermal Park” project. The Geothermal Park is an innovative geothermal eco-industrial park located in Iceland. It is connected to the Hellisheidi geothermal combined heat and power plant, one of the largest geothermal plants in the world. ...
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Iceland Drilling Company has secured a drilling contract to drill 9 wells for expansion of geothermal capacity on the Azores, Portugal
EDA Renováveis have awarded Iceland Drilling Company (IDC) a new drilling contract on the Azores, for drilling geothermal wells on the islands of Sao Miguel and Terceira. This is the result following an open tender in the European Area, where the company participated in competition with two other European drilling companies. The project involves drilling for nine (9) geothermal wells, with ...
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The GRC Awards - Seeking the Best in Global Geothermal
The Geothermal Resources Council (GRC) is pleased to announce the opening of nominations for this year’s GRC Awards. The awards recognize distinguished colleagues in the geothermal community from around the world and have been a highlight of the geothermal calendar since the late 1970’s. The winners will be honored at the GRC Annual Meeting & Expo in Reno, Nevada, USA from October ...
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Best Geothermal Energy Presentations of 2017 Announced
The Geothermal Resources Council (GRC) has announced the outstanding technical presentations from the global geothermal energy community for 2017. The selections were made in each of the GRC Technical Sessions held in early October at the 41st GRC Annual Meeting in Salt Lake City, Utah, USA, the world’s largest annual geothermal energy event. The judging criteria included the technical ...
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Enel and ENAP Inaugurate South America`s First Geothermal Power Plant Cerro Pabellón
Enel and ENAP inaugurated Cerro Pabellón, which is the first geothermal power plant in South America and the world's first large-scale facility of this kind to be built at 4,500 meters above sea level. The inauguration ceremony, which follows the start of operations at the second of the plant's two 24 MW-units, was opened by Chile's President Michelle Bachelet and attended by Chile's ...
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Governments Adopt ‘Florence Declaration’ and Agree to Work Closer to Advance Geothermal Energy
Governments have agreed to work together to identify and implement measures that will significantly increase the speed of geothermal energy development around the world, following a milestone meeting between public and private leaders Florence this week. Under the terms of the ‘Florence Declaration’ – an outcome of the Global Geothermal Alliance (GGA) meeting – governments ...
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