Latest News

• Region: Asia Pacific
• Topics: Geothermal
• Date: 5 June, 2025

Project InnerSpace, a nonprofit organization focused on removing barriers to large-scale geothermal development, has partnered with the Institute for Essential Services Reform (IESR), a leading energy think tank in Indonesia, to help accelerate the growth of Indonesia’s geothermal sector.

• Region: North America
• Topics: Geothermal
• Date: 4th June, 2025

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.

• Topics: Geothermal
• Date: 2nd June 2025

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 

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

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.

• Region: Europe
• Topics: Geothermal
• Date: 29th May 2025

Denmark’s Innargi has outlined progress at its Aarhus geothermal project with Kredsløb, which supplies district heating to 330,000 people in the municipality.

• Region: All
• Topics: Geothermal
• Date: 28 May, 2025

According to new research by Wood Mackenzie, next-gen geothermal tech has the potential to transform the energy sector with its abundant power.

• Region: Asia Pacific
• Topics: Geothermal
• Date: 27 May, 2025

Energy industry giant ABB has outlined its keenness to play a role in growing Indonesia’s geothermal industry.

In a news article posted on the group’s website on 26 May, 2025, Abhinav Harikumar, Vice President ABB Energy Industries, Southeast Asia, highlighted the country’s huge geothermal energy  potential.

“Indonesia is harnessing its vast geothermal potential to drive a sustainable energy transition,” said Harikumar.

As one of the world’s leading geothermal-rich nations, the country is strategically integrating this clean energy into its national mix to bolster energy security, he added.

“Geothermal plays a central role in Indonesia’s National Energy Policy and is key to achieving its ambitious renewable energy targets, including net-zero emissions by 2060 and new pathways for economic growth and energy independence.”

ABB already has a strong track record in Indonesia’s geothermal sector through the Wayang Windu geothermal power plant operated by Star Energy.

In collaborations with companies like ABB, Star Energy retrofitted its cooling tower, with ABB upgrading the Distributed Control System (DCS) to boost capacity.

Another project within this plant involved the upgrade of Human Machine Interface (HMI) enhanced operational efficiency and safety of the plant’s operation.

Harikumar said such projects and collaborations were vital to underpinning the successful long-term growth of the sector.

“Realising geothermal energy’s potential requires clear strategies and industry collaboration,” he noted.

“Private sector collaboration is essential to advancing Indonesia's geothermal projects, with companies like ABB providing critical expertise in automation and electrification. These help to enhance efficiency and address challenges such as connectivity in remote areas.”

Given the high upfront investment for exploration and development, he also added that long-term partnerships will be crucial for scaling geothermal energy and ensuring projects become operational.

“As Indonesia pursues its 2060 net-zero target, maximising geothermal resources will be the key to its renewable energy transition – shaping a more resilient and sustainable energy future.”

• Region: Europe
• Topics: Geothermal
• Date: 26 May, 2025

Global investor Legal & General (L&G) has finalised a US$50mn investment with Landsvirkjun, Iceland’s National Power Company, through L&G's Institutional Retirement business.  

• Region: North America
• Topics: Geothermal
• Date: 23 May, 2025

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. 

• Region: Europe
• Topics: Geothermal
• Date: 22 May, 2025

There exist numerous geothermal technologies exhibiting varying levels of maturity, that can operate on different ranges of temperature. 

• Region: North America
• Topics: Geothermal
• Date: 21 May, 2025

GreenFire Energy has launched its first commercial next-gen geothermal demonstration project at The Geysers.

• Region: North America
• Topics: Geothermal
• Date: 20 May 2025

Oil & gas and geothermal energy sectors both require skills, data, technology and supply chain elements that show a significant overlap, indicating that these skills are indeed transferable between sectors. 

Considering the large scale innovations taking place in the geothermal energy sector, it has been observed that techniques such as subsurface evaluation, modelling, drilling and surface operations that are involved in the development of new geothermal projects, are very similar processes to those used in many upstream oil and gas projects. 

This means that the expertise offered by oil & gas professionals as well as the resources from the industry, can be used in the development of next-generation geothermal technologies. One notable example as mentioned in a report by the International Energy Agency (IEA), is the reliance of enhanced geothermal systems (EGSs) on well stimulation, including hydraulic fracturing and directional drilling techniques that were refined for shale gas and tight oil operations in the US.

The report concluded that findings obtained through the examination of investment components revealed that around two-thirds of every dollar invested in conventional geothermal operations has a significant overlap with the oil and gas industry. This further confirms the close relationship between the required investments and the expertise and skills involved in the two sectors.