geothermal power News
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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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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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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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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 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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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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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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Potential of Offshore Geothermal Energy as a Future Global Resource
CGG, a global technology and Earth science leader, has released a white paper outlining the potential of offshore geothermal energy as a green energy resource of global significance and setting out a framework for its responsible development.Research by CGG scientists strongly indicates the existence of vast, untapped geothermal resources along the magmatically active ocean floor spreading ...
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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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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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