Latest News

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

While geothermal developments in America have been in the picture ever since the 19th century, they were mostly driven by steam power. The recent ones are being increasingly capacitated by binary cycle, which means the heating of a secondary fluid to gear a turbine. 

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

The FY25 Phase 1 Release 2 Notice of Funding Opportunity was recently released on 27 December 2024 by the US Department of Energy's Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programmes.

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

Leader in next-gen geothermal development, Fervo Energy recently announced that it has secured US$255mn in funding which comprises both opportunistic corporate equity and new debt financing.

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

Nominations for the Ruggero Bertani European Geothermal Innovation Award came to an end last week, with applications currently being evaluated on grounds of originality, innovation, reliability, emission reductions, and improvements in energy output.

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

Stellantis has unveiled a cutting-edge geothermal system at its manufacturing site in Caen, France, designed to provide sustainable heating and cooling solutions for the facility.

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

Clean energy technology provider Exergy International has signed an agreement with Maren Maras Elektrik Uretim AS for the supply of two new geothermal power plants in Turkey.

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

The Caribbean Development Bank (CDB) has approved a US$34.8mn loan to the Government Power Company (GPC) of Dominica for the construction of a 10MW geothermal power plant in a bid to strengthen the region’s energy security, reduce the production costs of electricity, and lower carbon emissions within the sector.

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

As the world faces growing energy demands due to the rise of artificial intelligence, data centers, and electrification, one promising solution lies beneath our feet.

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

Geothermal energy is rapidly gaining recognition as a sustainable solution for both industrial and residential energy needs, offering significant environmental and economic benefits.

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

Gradient Geothermal, a Colorado-based geothermal energy pioneer, has taken a significant step in bridging the gap between traditional energy production and sustainable practices.

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

Spurred by economies re-opening after the global pandemic and with fuel supply chains drastically affected by the Russian invasion of Ukraine, the UK has been gripped by an energy crisis since the Autumn of 2021 with energy prices steadily climbing to reportedly be higher than all but three EU states.

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

Across the globe, momentum is building behind geothermal energy. In the US, the Biden-Harris administration identified it as one of the crucial components of facilitating a carbon-neutral grid by 2035, recently committing a further US$31mn to six geothermal projects across the country.