The Fort Nelson First Nation (FNFN) in British Columbia, Canada, is spearheading the Tu Deh-Kah geothermal project, which has received US$1.2mn in funding from the Government of Canada through Natural Resources Canada.
Ignis H2 Energy Inc., a geothermal exploration and development startup, has successfully closed its Series A funding round, raising US$12.5mn from a consortium of investors, including leading funds and private individuals.
Swegon has entered into an agreement to acquire American Geothermal, a US-based manufacturer of heating and cooling systems for the concrete industry, as well as heat pumps and chillers for various sectors including healthcare, commercial, industrial, government, and institutional buildings.
GreenFire Energy, has announced two strategic additions to its leadership team with the appointment of Derek Dixon as Vice President of Business Development, and Cory Draper and Vice President of Asset Management.
400C Energy, a tech-driven enhanced geothermal developer, has announced the acquisition of an existing well in Utah, located near the DOE FORGE project.
Zanskar Geothermal & Minerals is making waves in the geothermal energy sector with a development at its Lightning Dock geothermal power plant.
ABB Energy Industries and Sage Geosystems have signed a Memorandum of Understanding (MoU) to collaborate on developing energy storage and geothermal power generation facilities.
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.
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.
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.
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.
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.