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IRENA reports 22% lower LCOE of geothermal power in 2022

ThinkGeoEnergy

Between 2021 and 2022, the global weighted average levelized cost of electricity (LCOE) of ten newly commissioned geothermal projects fell by 22% to USD 0.056 kWh. This statistic was reported by the International Renewable Energy Agency (IRENA) in their newly published document, “Renewable Power Generation Costs in 2022.”

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Zorlu Energy obtains geothermal operation license in Aydin, Türkiye

ThinkGeoEnergy

(Zorlu Geothermal) has obtained a 30-year operating license for its Kuyucak and Nazilli geothermal resource exploration sites in Aydin, Türkiye, Enerji Gunlugu reported. MW in geothermal and 272 MW in wind energy, accounting for 78% of the company’s total installed capacity in Türkiye from renewable energy sources.

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World’s 1st geothermal direct use cement project sets model for sustainable industry

ThinkGeoEnergy

STEAM”) has nearly 40 years of experience in geothermal engineering and consulting. Their latest assignment in Kenya showcases the potential of geothermal energy to revolutionize high-emissions industrial processes and contribute to global climate goals. Established in 1987, Steam S.r.l.

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What should homeowners consider when switching to renewable energy?

Smart Energy International

Emily Newton, editor-in-chief of Revolutionized Magazine , writes on some of the most important factors for homeowners to consider when making the switch to renewable energy. Sustainability is becoming a more prominent topic and more homeowners are considering switching to green power. Available renewable energy sources.

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Greentown Labs Member Milestones — November 2022

Greentown Labs

Dandelion Energy raised a $70M Series B-1 round to install geothermal heating and cooling solutions. investment in its vegetation intelligence platform that helps utilities reduce the risk of power outages and wildfires. Department of Energy to extract nickel and magnesium from mining waste. Overstory announced a $5.2M

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Utah FORGE offers virtual tour of EGS research and drilling site

ThinkGeoEnergy

The Utah Frontier Observatory for Research in Geothermal Energy (Utah FORGE) has published a fantastic virtual tour of its field laboratory facilities near Milford, Utah, as well as the Renewable Energy Corridor of the Milford Valley. Check out the Utah FORGE virtual tour here.

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Goktekin Tarim plans geothermal drilling in Afyon, Türkiye

ThinkGeoEnergy

one of Goktekin Energy companies, is planning a geothermal resource exploration project with drilling in the Sandikli and Kiziloren districts of the Afyonkarahisar Province in Türkiye. Within the scope of the project, seven drilling areas have been determined and the planned drilling depths are 800 meters. Goktekin Tarim A.S.,