geothermal company News
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Majority stake offered for geothermal development in Babina Greda, Croatia
A public tender has been announced for 89.92% stake in geothermal company Geotermalni Izvori which holds an exploration permit for the Babina Greda 2 area in the county of Vukovar-Srijem in Croatia. Bidding starts at a price of EUR 898,000. The deadline to submit bids will be on 26 January 2024. Geotermalni Izvori was jointly founded in 2020 by the County of Vukovar-Srijem and the Municipality ...
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Q&A: Where Chevron is headed on carbon capture, hydrogen
Chevron launched its low-carbon energy unit three years ago to jump-start projects in everything from biofuels and hydrogen to carbon capture and geothermal. Now, the oil and gas company and its rivals are weighing how much to invest in those emerging areas. “We still will support and grow our oil and gas business because billions of people depend on that each and every day,” Jeff ...
By E&E News
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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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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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