geothermal developer 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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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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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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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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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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Fervo Energy Drilling Results Show Rapid Advancement of Geothermal Performance
This week at the Stanford Geothermal Workshop, Fervo Energy published early drilling results from its Cape Station project that exceed the Department of Energy’s expectations for enhanced geothermal systems (EGS). These results substantiate the rapid learning underway in the geothermal industry and signal readiness for continued commercialization. Fervo began its drilling campaign at Cape ...
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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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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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Showcase
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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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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