Geothermal Energy News

Innargi to Explore Geothermal District Heating in Kiel, Germany
Germany >> 3/18/2023 - Danish geothermal heating developer Innargi has signed an agreement with local utility Stadtwerke Kiel to investigate the potential for geothermal district heating in the city of Kiel in Schleswig-Hol...
Geothermal Plant Investment Supports Clean Energy in Indonesia
Indonesia >> 3/17/2023 - The geothermal power plant project has the potential to become a mainstay in the energy transition from fossil energy to New and Renewable Energy (NRE). Member of the National Energy Council (DEN), Sa...
EGEC Response to the Critical Raw Materials and Net-Zero Industry Acts from the Commission
Belgium >> 3/16/2023 - EGEC welcomes the European Commission’s proposals for a Critical Raw Materials Act and the Net Zero Industry Act. It is vital to strengthen existing European industrial value-chains for geothermal ene...
Stadtwerke Kiel and Innargi Investigate the Potential for Geothermal District Heating
Germany >> 3/15/2023 - Stadtwerke Kiel and the Danish geothermal developer Innargi has agreed to investigate the potential for a geothermal district heating project in Kiel. The purpose of the agreement is to further dec...
TAQA and Reykjavik Geothermal Sign JV Agreement to form TAQA Geothermal Energy
Saudi Arabia >> 3/15/2023 - During the Public Investment Fund (PIF) Private Sector Forum in Riyadh, the Industrialization and Energy Services Company (TAQA) and Reykjavik Geothermal (RG), signed a Joint Venture agreement to esta...
Clean Air Task Force Director Shares Positive Outlook on Geothermal Future
United States >> 3/15/2023 - DeepPower, Inc., the developer of a breakthrough geothermal drilling technology to access the Earth’s unlimited source of clean energy, announced that CEO Andrew Van Noy recently discussed geothermal ...
Ministry Signs MoU to Exploit Geothermal Energy
Jordan >> 3/14/2023 - The Ministry of Energy and Mineral Resources and Harmony Investment Company signed a memorandum of understanding (MoU) on Tuesday to explore the potential of harnessing the Risha Gas Field's geotherma...
EGEC Response to the Electricity Market Design from the Commission
Bermuda >> 3/14/2023 - EGEC welcomes the European Commission’s proposal on Electricity Market Design (EMD) and more specifically the support brought to geothermal electricity.

The aim of the legislative proposa...
Finland’s First Geothermal Heating Plant Producing District Heat Starts Operating in Vantaa
Finland >> 3/13/2023 - Vantaa Energy’s geothermal heating plant in the Varisto district of Vantaa is completed. Upon its start-up, the plant is Finland’s first geothermal heating plant producing clean, fully renewable geoth...
QHeat´s Geothermal Plant Contributes to Vantaa Energy’s Progress Towards Carbon Neutrality in 2030
Finland >> 3/9/2023 - Geothermal heating plant built by QHeat for Vantaan Energia has started operations in Varisto, Vantaa. The plant consists of three heating wells about 800 metres deep. Estimated annual energy producti...
OLI Systems to Develop Predictive Corrosion and Mineral Scaling Models for Geothermal Energy
United States >> 3/9/2023 - OLI Systems, a global leader in delivering process design and operations insights for complex chemical processes, has received a DOE SBIR Phase II Award from the US Department of Energy (DOE) for adva...
Eavor’s Next-Generation Geothermal Project Awarded €91,6M Grant from the European Innovation Fund
Germany >> 3/9/2023 - Eavor Technologies Inc. and Eavor Erdwärme Geretsried GmbH (together “Eavor”), the leader in globally scalable geothermal closed-loop technology, has been awarded a €91,6 million grant from the Europe...
NREL-Led Team Explores Potential of Underground Geothermal Energy Storage for All Seasons
United States >> 3/9/2023 - Renewable energy storage technologies with long-duration capabilities are essential as the U.S. power grid and wider energy economy move toward decarbonization. To meet these needs, researchers are ex...
Wien Energie & OMV to Develop Deep Geothermal Energy in the Vienna Region
Austria >> 3/8/2023 - Joint Venture planned for the design and development of geothermal potential in the Vienna Basin as well as for the operational management of deep geothermal plants
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Geothermal Engineering Secures £15M Funding from Kerogen Capital and Thrive Renewables
United Kingdom >> 3/8/2023 - • Investment from Kerogen Capital and Thrive Renewables PLC will fund UK’s first deep geothermal plant at United Downs site in Cornwall
• The funds will be used by Geothermal Engineering Ltd to...
Alliance between Ecopetrol, Baker Hughes and CHEC to Foster the Use of Geothermal Energy in Colombia
Colombia >> 3/8/2023 - • This initiative seeks to generate between 50 and 100MW of renewable energy

Ecopetrol, Baker Hughes and the hydroelectric power plant Central Hidroeléctrica de Caldas (CHEC for its Sp...
EGS Pilot Demonstrations Letters of Intent Due March 8
United States >> 3/8/2023 - On February 8, 2023, the U.S. Department of Energy (DOE) announced up to $74 million to support enhanced geothermal systems (EGS) pilot demonstration projects called for in President Biden’s landmark ...
Full Steam Ahead: Unearthing the Power of Geothermal
United States >> 3/7/2023 - 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 deli...
XGS Energy Secures $19M in Financing & Adds Industry Leaders to Board of Directors
United States >> 3/6/2023 - XGS Energy, a leader in geothermal energy technology, announced that it has secured $19M in financing, including a $14M Series A led by Anzu Partners. XGS Energy will use this funding to develop its g...
Geothermal Energy for the Heat Transition: LIAG Leads Research Project on Data Campaign
Germany >> 3/5/2023 - The BMWK is funding the major project "WärmeGut" led by the LIAG for research and data provision for a nationwide standardised database with accessible and processed information on local geothermal po...

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