Halliburton has won a contract with GeoFrame Energy’s geothermal and direct lithium extraction (DLE) project where the operator will plan and design the first demonstration phase wells in the Smackover Formation in Eastern Texas.
Ormat Technologies has completed its acquisition of the Blue Mountain geothermal power plant in Nevada.
Enertech Global has unveiled its latest innovation in home comfort technology: the WV, a variable-speed hydronic heat pump designed to deliver high performance, installation ease, and outstanding flexibility.
US contractor CTA Construction Managers has landed a flagship job to build a new school fitted with pioneering geothermal heating and cooling systems.
XGS Energy and Meta Platforms have announced an agreement supporting the development of 150MW of next-generation geothermal energy in New Mexico.
Fervo Energy has successfully secured US$206mn of additional capital to continue advancing its Cape Station EGS development project.
The Organisation of Eastern Caribbean States (OECS) has reaffirmed its commitment to advancing geothermal energy in the region at a high-level summit in Florida.
A panel at the 17th Caribbean Renewable Energy Forum (CREF), held in Miami, highlighted the growing viability of geothermal energy as a clean, reliable baseload power source for the Caribbean region.
CREF is the Caribbean’s largest annual gathering for clean energy stakeholders, including government leaders, utilities, investors and private firms.
Key projects highlighted included Grenada’s plans to commence exploration drilling in 2026.
“If successful, the 15-megawatt base load capacity [geothermal plant] will provide 40% of our energy supply needed for all households in Grenada,” said Kerryne James, Grenada’s Minister of Climate Resilience.
“It has been a long journey to get to where we are — two-and-a-half years sometimes feel like 10 — but we are staying the course.”
The need for innovative financing models and enhanced regional collaboration to accelerate deployment and shorten project timelines was also addressed.
James also highlighted the value of regional collaboration and capacity building through the OECS Geothermal Energy Capacity Building for Utilisation, Investment and Local Development (OECS GEOBUILD) programme.
“OECS, in the whole process with the GEOBUILD project, has been giving us the advantage and the environment for us to learn and grow from our regional partners. It has the potential of giving us not only energy security [but] the opportunity to redefine regional integration; redefine how we collaborate amongst ourselves in the region.”
Progress was also highlighted in Dominica’s ongoing development of a geothermal plant, expected to be completed by December, as well as forthcoming drilling in St Kitts and Nevis.
Mark Brantley, Premier of Nevis, stressed the significance of geothermal in enabling small island developing states to establish clean, dependable and sustainable energy infrastructure.
Other participants at the CREF event included clean energy equipment supplier, Exergy International and Dominica Geothermal Development Company.
Canada Growth Fun Inc. (CGF) has announced a financing commitment of up to CAD$138mn to be granted to Eavor Technologies to accelerate the development and commercial deployment of geothermal technology.
In a move hailed as a transformative milestone for West Texas, the Presidio Municipal Development District (PMDD) has signed a 110 MW power purchase agreement (PPA) term sheet with Exceed Geo Energy
The Department of the Interior has announced that emergency permitting procedures have now been implemented to speed up the review of geothermal projects that pose critical for US national energy security and dominance.
According to new research by Wood Mackenzie, next-gen geothermal tech has the potential to transform the energy sector with its abundant power.
In a major step forward for clean energy innovation, the Public Utilities Commission of Nevada has officially approved a pioneering partnership between Google and NV Energy.