North America

• Date: 11th June 2026

Ormat Technologies has introduced Ormega100, a revolutionary new surface power generation unit designed to deliver higher output than other binary solutions currently on the market, marking an accelerated opportunity to commercialise and scale its EGS developments. 

• Region: North America
• Topics: Geothermal
• Date: 11th June 2026

Fervo Energy has promoted Sarah Jewett to Chief Operating Officer, where she will take leadership of the company’s corporate operations and help create the infrastructure required to execute ‘the most significant commercial opportunity for clean, firm power in history’. 

• Region: North America
• Topics: Geothermal
• Date: 9th June 2026

Calpine has announced the completion of a 25 MW expansion project at The Geysers geothermal complex in Sonoma County, California.

The addition builds on continued investments in The Geysers over decades and follows the completion of a 38 MW energy storage system at the site in 2024.

The new capacity will generate enough electricity to power over 25,000 homes each year, according to Aimee Blaine, Senior Vice President of Calpine's geothermal region.

“As California's electricity demand continues to grow, investments in reliable, around-the-clock renewable energy are more important than ever,” said Blaine.

“The Geysers is one of the nation's most important geothermal resources, and this expansion reflects our commitment to strengthening grid reliability while advancing California’s clean energy goals.”

For over 65 years, The Geysers has provided clean, geothermal energy across California, and is operated by Calpine, a unit of Constellation Energy Corporation, a Fortune 200 company headquartered in Baltimore and the nation's largest producer of clean energy.

Of the 25 MW expansion, 18 MW will be directed to Clean Power Alliance (CPA), a locally operated, not-for-profit electricity provider which serves customers across Southern California, providing reliable, around-the-clock renewable power as demand for clean electricity continues to grow.

The remaining 7 MW, which was brought online last year, is being supplied to MCE to support Bay Area residents and businesses.

“Clean Power Alliance is committed to delivering dependable clean energy to our customers, and geothermal power plays an important role in providing around-the-clock renewable electricity,” said Matthew Langer, Chief Operating Officer, Clean Power Alliance.

“Partnerships like this strengthen California's clean energy future while supporting a more resilient and sustainable grid.”

• Region: North America
• Topics: Geothermal
• Date: 3rd June 2026

Geothermal specialist Enertech Global celebrated its 30th anniversary on June 2, 2026 — a true pioneer of the industry in the USA.

Founded in 1996 in Greenville, Illinois, it is a leading manufacturer and distributor of ground-source heat pumps for geothermal HVAC applications and air-source heat pumps for hydronic HVAC applications.

The company puts its success down to a track record of innovation, perseverance and an unwavering commitment to customers, partners and its team members.

What began in 1996 as a successful distributor of geothermal heating and cooling systems throughout the Midwest has now grown into an internationally recognised manufacturer known for engineering excellence and industry-leading innovation.

“As thankful and appreciative as I am for the past, I cannot help but be even more excited about our future,” said Tim Wright, CEO.

“The talented people who call Enertech home continue to inspire me every day. This team has already demonstrated what is possible through passion, creativity and hard work — and we are just getting started.”

Over the past three decades, Enertech has challenged convention and redefined what is possible within the HVAC and geothermal industries.Fuelled by the curiosity, ingenuity, and determination of its team members, the company has achieved groundbreaking milestones, including:

• Developing the industry's first multi-position packaged geothermal unit
• Manufacturing the first variable-speed water-to-water geothermal system made in the USA
• Introducing NIBE's advanced air-to-water heat pump technology to the US and Canadian markets
• Expanding innovative applications for residential, commercial, and mixed-use developments through creative engineering and system integration

Today, Enertech is positioned to help shape the future of sustainable heating and cooling by delivering affordable, energy-efficient solutions for homes, businesses, and communities across North America and beyond, according to Wright.

“Without question, we have the best group of talented team members in the industry,” he said.

“Together, we are building something truly special. As we celebrate 30 years, we also look ahead with excitement and confidence toward the next 30 years of making our mark on this incredible industry.”

• Region: North America
• Topics: Geothermal
• Date: 31st May 2026

Geothermal may hold the answer to building out the energy required as Canada accelerates toward an ‘age of electricity,’ according to Tim Weber, Co-Founder and CEO of Diverso Energy.

• Region: North America
• Topics: Geothermal
• Date: 28th May 2026

Tekcapital Plc, the UK intellectual property investment group, has announced the formation of its fifth portfolio company Vesari Inc, a new U.S. incorporated company (Vesari.ai) set up to acquire, develop and commercialise generative AI intellectual property in the field of geothermal-powered hyperscale data centres.

• Region: North America
• Topics: Geothermal
• Date: 21st May 2026

XGS Energy has announced the appointment of Richard Chong as Chief Financial Officer, bringing over 25 years of energy finance experience to the role.

• Region: North America
• Topics: Geothermal
• Date: 20th May 2026

Energy services giant Baker Hughes has teamed up with Helmerich & Payne, Inc. (H&P), a provider of drilling solutions and technologies, to explore opportunties in geothermal.

• Region: North America
• Topics: Geothermal
• Date: 18th May 2026

The USA produced nearly three times as much solar, wind and geothermal power in 2025 – around 20% of the nation’s power – as it did in 2016, with overall growth in 49 states.

• Region: North America
• Topics: Geothermal
• Date: 12th May 2026

Nevada-based geothermal developer Zanskar has signed a 20-year power purchase agreement (PPA) with NV Energy to supply 100 megawatts of carbon-free electricity by 2030, marking a major expansion of geothermal energy generation in the state.

• Region: North America
• Topics: Geothermal
• Date: 8th May 2026

Fervo Energy has launched an investor roadshow ahead of its upcoming initial public offering (IPO) on the Nasdaq market that it hopes will value the company at up to US$6.5bn.

It hopes to tap into improved sentiment for clean energy firms, including geothermal, with plans to to raise up to US$1.3bn in the IPO by offering 55.6 million shares priced ​between US$21 and US$24 apiece.

In a filing with the US Securities and Exchange Commission on May 4, 2026, the company stated that Fervo Energy is positioned to become the “next great American energy company”.

In his introduction, Tim Latimer, CEO, said Fervo Energy is working to build a different type of energy company — one that treats each geothermal power facility as a repeatable product, not a one-off, complicated project.

“We intend to deliver power in standardised, 50-megawatt ORC units, relentlessly reducing complexity with every well drilled and every turbine installed,” he noted.

“With few locational constraints on our subsurface operations, we can develop sites to multi-gigawatt sites, harnessing learning curves to drive continuous improvement and make geothermal cheaper than it has ever been.”

The group also hopes to tap into interest in the alternative energy space driven by the rapid growth in AI data centres.

The Houston-based company’s first utility-scale deployment in the Cape Station site will provide a baseline for its core product, he added.

“We expect that each power unit built thereafter will improve on this baseline by using learnings to streamline engineering design.”

The progress of the IPO is set to be keenly tracked by other geothermal energy companies as the industry gains greater exposure and key test of investor appetite.

“American economic dynamism has long depended on reliable energy,” said Latimer. “The reliable energy of our time is next-generation geothermal.”

JP Morgan, BofA Securities, RBC Capital Markets, and Barclays are acting as joint lead bookrunning managers for the proposed IPO.

Baird, BBVA, Guggenheim Securities, MUFG, Societe Generale, William Blair, Piper Sandler, and Wolfe | Nomura Alliance are acting as additional bookrunners.

• Region: North America
• Topics: Geothermal
• Date: 7th May 2026

The Organisation of Eastern Caribbean States Commission has successfully concluded a strategic technical mission to Europe in a move to strengthen geothermal partnerships.