North America

• Region: North America
• Topics: Geothermal
• Date: 13 Feb, 2025

ABB Energy Industries and Sage Geosystems have signed a Memorandum of Understanding (MoU) to collaborate on developing energy storage and geothermal power generation facilities.

• Region: North America
• Topics: Geothermal
• Date: 03 Feb, 2025

Subsurface technology company Teverra LLC has been awarded a US$1.2mn grant from the Department of Energy (DOE) to advance its revolutionary Drilling Dynamics Geomechanics (DDG) technology into real-time capabilities.

• Region: All
• Topics: Geothermal
• Date: Jan, 2025

Geothermal energy technology provider, Magma Power, has announced that its patented magma-based geothermal energy solutions can now be leveraged for bitcoin mining, promoting environmental sustainability. 

• Region: North American
• Topics: Geothermal
• Date: Jan, 2025

DEEP Earth Energy Production Corp. and SLB have entered a strategic collaboration to drive geothermal development in Canada with the country’s first next-generation project in Saskatchewan.

• Region: North America
• Topics: Geothermal
• Date: Jan, 2025

A new report, Geothermal Heat Pumps - Global Strategic Business Outlook 2024-2030, has been released by ResearchAndMarkets.com, providing a comprehensive analysis of the expanding geothermal heat pump industry. 

• Region: North America
• Topics: Geothermal
• Date: Jan, 2025

A new initiative led by the National Renewable Energy Laboratory (NREL), with funding from the U.S. Department of Energy’s (DOE) Geothermal Technologies Office, is exploring the potential of geothermal underground thermal energy storage (UTES) technology to tackle cooling challenges in data centres.

• Region: North America
• Topics: Geothermal
• Date: Jan, 2025

Geothermal heating and cooling start-up Bedrock Energy has received US$12mn Series A funding to advance the company’s technologies, as well as expand its deployment in Colorado, Utah and neighbouring states.

• Region: Europe
• Topics: Geothermal
• Date: Jan, 2025

On his first day in office, President Donald Trump began reshaping the nation’s energy policies with a flurry of executive orders favoring oil, gas, and coal. However, one renewable energy source found unexpected support: geothermal.

• Region: North America
• Topics: Geothermal
• Date: Jan, 2025

Geothermal and renewable energy company, Ormat Technologies, has signed a 10-year Power Purchase Agreement (PPA) with North American supplier, Calpine Energy Solutions.

The agreement enables Calpine to purchase up to 15MW of clean, renewable energy from the Mammoth 2 geothermal power plant near Mammoth Lakes, California.

The new PPA that replaces the one with the Southern California Edison Company will become applicable for energy deliveries from 2027, equipped with increased production capacities and higher price points to meet the tight supply-demand balance of carbon-differentiated electricity in California, driven by state Renewable Portfolio Standards (RPS) compliance needs and voluntary corporate demand.

Serving customised energy strategies

Sean Fallmer, President, Calpine Energy Solutions explained, “Now more than ever, it’s critical to have a robust network of strategic partners, like Ormat, that focus on alternative and renewable geothermal supply-side technologies that ensure our retail clients can procure customised, scalable energy strategies that are aligned to their unique cost, risk, and carbon goals.”

Doron Blachar, Chief Executive Officer of Ormat Technologies, commented, “We are excited to partner with Calpine Energy Solutions to provide them with reliable zero emission power from our Mammoth 2 geothermal facility. Under this agreement, Ormat will add up to 15MW of geothermal energy to Calpine Energy Solutions, reinforcing their commitment to further supporting their clients in reaching their sustainability goals. Ormat remains on track to meet its long-term targets for generation capacity growth in our Electricity segment. This new PPA with its significantly improved economics, underscores not only the robust growth in renewable power demand but also the market’s trust in our leading geothermal capabilities.”

• Region: North America
• Topics: Geothermal
• Date: Jan, 2025

The world has an enormous untapped source of energy beneath its surface– geothermal energy. Using advanced technology, we could generate electricity by tapping into the heat stored in the Earth’s crust. 

• Region: North America
• Topics: Geothermal
• Date: Jan, 2025

The U.S. Department of Energy (DOE) Advanced Research Projects Agency-Energy (ARPA-E) has announced a US$30mn programme to increase geothermal power production by unlocking superhot reservoirs deep within the Earth.

• Region: North America
• Topics: Geothermal
• Date: Jan, 2025

The Bureau of Land Management (BLM) has finalised a new categorical exclusion that will aid in the acceleration of new geothermal discovery on public lands.