Geothermal News
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The EU Committee of the Regions Backs Geothermal Energy
The European Committee of the Regions’ plenary adopted its Opinion entitled “On the role of geothermal in localising energy production”, led by József Ribányi from the European Conservatives & Reformist Group (ECR), with nearly total support. This reiterates that geothermal is the technology of choice for municipalities all over Europe. This is because it is ...
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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 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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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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Vulcan Energie Ressourcen GmbH, winner of the Ruggero Bertani European Geothermal Innovation Award 2024
EGEC is thrilled to announce Vulcan Energie Ressourcen GmbH as the recipient of the prestigious Ruggero Bertani European Geothermal Innovation Award 2024. The award recognises Vulcan Energie Ressourcen GmbH’s innovative project, the Lithium Extraction Optimization Plant (LEOP) from geothermal, designed to revolutionise the production of sustainable lithium in ...
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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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Celebrating Success: EGEC reaches +200 Members Milestone
EGEC is thrilled to announce its membership has surpassed the remarkable number of more than 200 esteemed members, with 30 new members joined EGEC in 2023. This is a significant milestone in EGEC’s mission towards establishing geothermal as a unique energy source in Europe and beyond. This achievement reflects the growing recognition and support for geothermal energy as a sustainable, ...
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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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Geothermal panel startup closes CHF1.3 million seed financing round
Enerdrape, a startup based in Vaud, Switzerland pioneering pre-fabricated geothermal panel technology, has just concluded a CHF 1.3 million (approx. UD 1.5 million) seed financing round. Swiss investors, including Après-demain through the initiative GeneRActions Planet and Romande Energie led the seed round, aligning themselves with enerdrape’s vision for a sustainable future. ...
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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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Munich, Germany utility seeks to optimize geothermal heating with AI
The city utility of Munich, Germany, Stadtwerke München (SWM), has announced a new research project that aims to use AI to optimize the operations of geothermal district heating networks. The project, called “EnEff_Netzregulation” is funded by the Federal Ministry of Economic Affairs and Climate Protection and will be carried out with project partners Institute for Automation ...
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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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DeepPower CEO Andrew Van Noy Discusses Geothermal Growth with the CEO of the International Geothermal Association
Dr. Marit Brommer describes the pace at which the geothermal energy industry has advanced over the past 6 years DeepPower, Inc., the developer of a breakthrough geothermal drilling technology to access the Earth’s unlimited source of clean energy, today announced that in a recent Company podcast CEO Andrew Van Noy spoke with the CEO of the International Geothermal Association (IGA) Dr. ...
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DeepPower CEO Andrew Van Noy Discusses Geothermal Growth
DeepPower, Inc., the developer of a breakthrough geothermal drilling technology to access the Earth's unlimited source of clean energy, this week (Oct 11) announced that in a recent Company podcast CEO Andrew Van Noy spoke with the CEO of the International Geothermal Association (IGA), Dr. Marit Brommer, about geothermal energy and the advancements the industry has experienced over the past 6 ...
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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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DeepPower CEO Andrew Van Noy Discusses Advances in Geothermal Drilling
In a recent podcast, Andrew Van Noy, CEO of DeepPower, Inc., spoke with drilling technology expert Malcolm Ross about advances in geothermal drilling and the benefit of using closed-loop technology. During the conversation, Mr. Ross explained, "Closed-loop was the breakthrough technology in geothermal. While a lot of effort has been put into EGS and it has been around for a while, closed-loop ...
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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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