National Taiwan Ocean University (NTOU) and the University of Texas at Austin (UT Austin) signed an MOU to collaborate on geothermal research and accelerate the development of Taiwan's geothermal resources.
The advancement of geothermal energy in Vanuatu has reached a significant milestone, with Australia-based Groundlink Energy Pty Ltd now entering the final stage of its geothermal exploration in Takara, North Efate.
Global geothermal developer, Baseload Capital, has signed the first corporate power purchase agreement (CPPA) with Google for the supply of clean geothermal energy across its operations in Taiwan.
PT Pertamina Geothermal Energy Tbk (PGE) has signed a Joint Study Agreement (JSA) with Turkish energy company Zorlu Enerji Elektrik Üretim A.Ş (Zorlu Enerji) to encourage intergovernmental cooperation in the renewable sector through joint studies of geothermal projects.
A rapid increase in investment in renewable energy projects in Asia has led to the geothermal power market growth in the region.
PT Pertamina Geothermal Energy Tbk (PGE) has recorded a positive financial year through 2024 where the company reported revenues of US$407.12mn in line with the increasing demand for clean energy in Indonesia.
The Asian Development Bank (ADB) recently signed a US$92.6mn financing agreement with PT Supreme Energy Muara Laboh (SEML) to expand Indonesia's geothermal power resources.
Toshiba Energy Systems & Solutions Corporation recently announced that it has received an order to supply a steam turbine and a generator from PT Inti Karya Persada Tehnik (IKPT), a subsidiary of Toyo Engineering Corporation, and the EPC contractor for the Patuha Geothermal Power Plant Unit 2 in West Java, Indonesia.
The handover ceremony for Muara Laboh Stage-2 Geothermal Power Plant Project was held on 13 February 2025 at the Supreme Energy Muara Laboh's (SEML) new office in Jakarta.
The Government of South Australia is showing its support to Adelaide-based star-up CoilRig which is on a mission to commercialise new technology to make the installation of geothermal heat pumps cheaper, safer and more efficient.
Project InnerSpace has launched GeoMap Asia, highlighting the region's massive store of untapped geothermal energy which has the potential of serving as an affordable domestic clean energy option to improve air quality while supporting economic growth and energy security.
By the end of 2024, the world’s nations had added 389 MWe of geothermal capacity, bringing the global installed capacity to 16,867 MWe.