Geothermal Energy News

DOE Unveils Roadmap for the Next Generation of Geothermal Power
United States >> 3/18/2024 - The U.S. Department of Energy (DOE) announced the release of its latest Pathways to Commercial Liftoff report, focusing on the potential of next-generation geothermal power to transform the U.S. energ...
Heads of Terms Signed with Geothermal Developer CeraPhi Energy
Australia >> 3/14/2024 - Whitebark Energy Limited (ASX:WBE) (“Whitebark”) is pleased to announce the signing of a Heads of Terms with international Geothermal Developer CeraPhi Energy to support the development of the Company...
Quaise Energy Raises $21 Million to Accelerate Terawatt-Scale Deep Geothermal Energy
United States >> 3/12/2024 - 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 Corporatio...
Quaise Energy Raises $21M to Accelerate Terawatt-Scale Geothermal Energy
United States >> 3/12/2024 - 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 Corporatio...
President of Kenya Unveils Green-Powered Mega Data Center in collaboration with the UAE
Kenya >> 3/7/2024 - Kenya's EcoCloud and UAE's G42 to develop world-class 1 Gigawatt data center powered by geothermal energy.

The new facility will mark the beginning of a new era for cloud computing and AI s...
Innargi partners with Vattenfall Wärme Berlin to explore Berlin’s geothermal potential
Germany >> 3/7/2024 - Vattenfall Wärme Berlin and Innargi Sign MoU (Memorandum of Understanding) to Assess Geothermal Potential for Berlin’s District Heating System.

Vattenfall Wärme Berlin AG and Innargi – a com...
G42 and Kenya’s EcoCloud Unveil Green-Powered Mega Data Center Collaboration
Kenya >> 3/6/2024 - In an unprecedented move that positions Kenya at the forefront of the global digital economy, His Excellency President William Samoei Ruto has proudly witnessed the MoU signing between EcoCloud and G4...
Updates on Croatian Geothermal Project Licence and Funding
Croatia (Hrvatska) >> 3/5/2024 - Cindrigo (LSE:CINH) announces that its subsidiary Dravacel Ltd (“Dravacel”) has applied for a further six month extension to the exploration licence at its Slatina 3 geothermal project in Croatia (th...
Ormat Technologies Signs PPA for a New Geothermal Power Plant in Guadeloupe
France >> 3/4/2024 - Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, announced today that it has signed a 30-year Power Purchase Agreement (PPA) with Electricité de France (EDF) for the developme...
Innargi and Norfors agree to study the potential for geothermal energy in Hørsholm, Denmark
Denmark >> 2/29/2024 - Norfors has entered into a framework agreement (Letter of Intent) with the energy company Innargi A/S to investigate the potential of geothermal energy as a new renewable and reliable source of distri...
Brightcore Energy Commences Construction on Innovative Geothermal Project at Bard College
United States >> 2/27/2024 - Brightcore Energy, a leading provider of end-to-end renewable energy solutions is pleased to announce that it has commenced construction of a new state-of-the-art geothermal heating and cooling projec...
U.S. Department of Energy Announces Winners of 2023 Geothermal Collegiate Competition
United States >> 2/15/2024 - The U.S. Department of Energy (DOE) announced the winners of the 2023 Geothermal Collegiate Competition, an annual challenge that offers college students experience in the renewable energy industry an...
Sage Geosystems Raises $17M in Series A
United States >> 2/15/2024 - Sage Geosystems announced today the first close of $17 million in Series A funding led by Chesapeake Energy Corporation (“Chesapeake”) and joined by technology investor Arch Meredith, Helium-3 Venture...
Subterra & Enercare Launch Fully Integrated Heating & Cooling Solution
Canada >> 2/15/2024 - Groundbreaking collaboration helps Canadian developers and consumers transition away from fossil-fuel powered systems to renewable geothermal energy
Subterra to provide geothermal drilling and ex...
ORNL study projects geothermal heat pumps’ impact on carbon emissions and electrical grid by 2050
United States >> 2/14/2024 - A modeling analysis led by the Department of Energy’s Oak Ridge National Laboratory gives the first detailed look at how geothermal energy can relieve the electric power system and reduce carbon emiss...
Biden- Harris Administration Invests $60 Million to Expand Clean, Renewable Geothermal Energy
United States >> 2/13/2024 - In support of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE), announced the selection of three projects that will receive up to $60 million to demonstrate the effic...
GreenFire Energy Inc. Retains a Representative for Geothermal Projects in the Philippines
Philippines >> 2/13/2024 - GreenFire Energy Inc. (GreenFire) announced that it has entered an agreement with Alberto (Bert) R. Dalusung III to act as a representative of GreenFire Energy in the Philippines. Bert will assist Gre...
CGG Releases White Paper on Potential of Offshore Geothermal Energy as a Future Global Resource
France >> 2/13/2024 - 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 ...
Fervo Energy Drilling Results Show Rapid Advancement of Geothermal
United States >> 2/12/2024 - At the Stanford Geothermal Workshop, Fervo Energy (“Fervo”) published early drilling results from its Cape Station project that exceed the Department of Energy’s (DOE) expectations for enhanced geothe...
Ormat Secures Approval for PPA Amendments Between Its Puna Geothermal Venture and Hawaiian Electric
United States >> 2/12/2024 - Ormat Technologies, Inc. (NYSE: ORA), a leading renewable energy company, announces Hawai’i Public Utilities Commission’s (HPUC) approval of two final amendments to the Power Purchase Agreement (PPA) ...

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