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Zanskar Geothermal & Minerals, Inc. is pleased to announce the acquisition of Lightning Dock Geothermal, including the Bruce Levy geothermalpower plant in Hidalgo County, New Mexico, from Cyrq Energy, LLC. The entity sale transaction was completed on May 29, 2024.
Austin Energy , the electric utility company of Austin, Texas, is partnering with Exceed Energy Inc. for a 5-MW first-of-its-kind geothermal pilot project near the Nacogdoches biomass facility. Based on what we learn, in the future, we may be able to scale up geothermal to further diversify our clean, renewable supply portfolio.
geothermalpower project co-developed with Fervo Energy in northern Nevada in the US has officially started supplying power to the local grid. The geothermalpower facility in Nevada is the full-scale EGS pilot of Fervo Energy. Google has announced that the 3.5
As part of our ongoing efforts to provide high-quality insights into the geothermal sector, we are pleased to share our annual Top 10 Geothermal Countries overview based on installed geothermalpower generation capacity as of year-end 2024. continues to lead globally in geothermal installed capacity.
DEEP Earth Energy Production Corp. DEEP) has announced a strategic collaboration with global energy technology company SLB (NYSE: SLB) to drive the development of Canadas first next-generation geothermal project, located in southeast Saskatchewan.
Stillwater Hybrid geothermal and solar – located in Churchill County, Nevada, the triple hybrid power plant consists of a geothermal binary unit, Solar PV plant, and solar thermal plant that sells its clean electricity under a long-term PPA with NV Energy. Ormat Technologies, Inc.
The Cascade Institute , a research centre at Royal Roads University, has published a roadmap towards the deployment of ultradeep geothermalpower technologies for commercial operations in Canada. The “Ultradeep Geothermal Research and Action Roadmap” can be accessed and downloaded here.
Google has entered into an agreement with Nevada electric utility company and Berkshire Hathaway Energy subsidiary NV Energy to increase the supply of geothermalpower to its data center operations from 3.5 MW to 115 MW in about six years. Source: Yahoo!
The Hawaii State Energy Office has announced plans of conducting a state-wide geothermal survey, starting in the island of Maui. A funding of $5 million, originally from COVID federal relief, has been appropriated the drilling of a slim hole in Maui which should provide data to better characterize a potential geothermal resource. “In
Ormat Technologies has closed the previously announced acquisition of a portfolio of geothermal and solar assets from Enel Green PowerNorthAmerica (EGPNA), a subsidiary of Enel SpA. The post Ormat Completes Asset Acquisition From EGPNA appeared first on Solar Industry.
The US Department of Energy (DOE) and Geothermal Technologies Office (GTO) has announced a new funding opportunity under the Geothermal Resources’ Value in Implementing Decarbonization (GRID) program. A total of USD 7 million will be available under this funding.
Department of Energy (US DOE) and the Advanced Research Projects Agency–Energy (ARPA-E) have published a Request for Information (RFI) to evaluate novel approaches to superhot enhanced geothermalpower for generating electricity and other uses. energy storage, critical minerals, hydrogen generation)?
Colorado-based Gradient Geothermal (Gradient) has announced that it will provide geothermalpower generation and fluid cooling services to Chord Energy , an independent North American oil and gas exploration and production entity.
Studies on the potential of storing renewable energy underground have been ongoing for some time. In the last few years, this field of study has gained momentum associated with the continued deployment of low-cost variable renewable energy (VRE) (Green et al., The general concept of reservoir thermal energy storage (RTES) is simple.
million in grant awards from the Colorado Energy Office for 35 innovative geothermal projects in the State of Colorado, multiple releases have been published providing more details on these projects. million Geothermal electricity generation – $3.22 Following news of the $7.7
We evaluated our existing database of power plants, compared it with numbers released from operators, national authorities, international reporting and more. The total installed geothermalpower generation capacity at year-end 2023 stood at 16,335 MW, an increase of 208 MW. MW, excluding 101.9
POWER is proud to partner with RE+ as we provide information and insight for attendees of the largest renewable energy event in NorthAmerica. RE+ celebrates its 20th anniversary this […] The post Coming Together for Clean Energy: Supplement to POWER and RE+ appeared first on POWER Magazine.
One of the biggest stories and most widely supported initiatives coming out of the 2023 UN Climate Change Conference (CO28) in Dubai, UAE is the pledge to triple the world’s installed renewable energy capacity by 2030 to limit global temperature rise to 1.5°C. The case for geothermal Currently, geothermal accounts for only about 0.5%
DEEP Earth Energy Production and Ormat Technologies have signed a Notice to Proceed Agreement for a partnership to launch the first 5-MW conventional geothermalpower plant in Canada. This development comes after years of collaboration between the two parties and is a notable first step to bringing the geothermal project online.
Discussions and stories on geothermalpower plants typically focus on the turbines, who is supplying them, and what technologies they use. To learn more about this aspect of power plant operations, we talked with Jonas Burström , Sales Manager for Motors and Generators at electrification and automation leader ABB.
The US Department of Energy has announced a total investment of USD 31 million for six projects that aim to advance geothermalenergy deployment. Funding for these projects will be under the DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy.
has been selected to provide the engineering and procurement of power plant equipment for Fervo Energy ‘s initial 90-MW phase of the Cape Station geothermal project in Utah. The contract covers the installation of three generators with six ORC turbines, ensuring optimal energy conversion from geothermal sources.
The United States Air Force (Department of the Air Force / DAF) currently has an open solicitation call for novel approaches to generate electricity at its installations using geothermalenergy. Despite its advantages, there are numerous technological and geological barriers to geothermalenergy that have hindered the U.S.
Several research institutions and technology companies are working on ways to safely and economically harness these resources, which has the potential to accelerate the growth of geothermalenergy capacity in the coming years. Both report on research showing that superhot geothermal “can be viable,” he says.
The legislation amends the Energy Policy Act of 2005 to allow for new categorical exclusions for geothermal projects, under permitting requirements set by the National Environmental Policy Act. Geothermalenergy is a vital tool to make America more energy independent and less reliant on our adversaries.
(CTR) has broken ground on the construction of an integrated geothermalpower plant and lithium production facility at the Salton Sea in California. This is the first of seven project stages building towards a multi-billion-dollar clean energy precinct, the “Lithium Valley Campus.” ” The 1.85-billion-dollar
A new study done by a group of researchers from the National Renewable Energy Laboratory (NREL) and Idaho National Laboratory (INL) looks at the technical and commercial viability of geothermal hybrid power plants. energy markets. can be accessed via this link: [link].
Ignis H2 Energy Inc. Ignis Energy), a geothermal exploration and development startup, announced today the successful first closing of its Series A funding round, securing $12.5 Instead, it manages a risk-balanced portfolio of geothermalpower-producing opportunities across high-enthalpy environments worldwide.
(Ormat) has closed the previously announced acquisition of a portfolio of geothermal and solar assets from Enel Green PowerNorthAmerica (EGPNA), a subsidiary of Enel SpA (ENEL.MI, LLC). Under the agreement, Ormat paid $271 million for 100% of the equity interest in the portfolio assets.
Mt Princeton Geothermal (MPG) has announced a partnership with Western Geothermal and Reykjavik Geothermal for geothermal exploration and development in Chaffee County, Colorado. Princeton Geothermal, noted that this is the first foray of the Reykjavik Geothermal into a geothermal investment in the United States.
Newly elected Mexican President Claudia Sheinbaum has submitted a series of energy reform initiatives to the Joint Committee on Energy and Legislative Studies of the Senate and the Chamber of Deputies. These changes aim to improve regulatory efficiency and strengthening energy planning.
A new legislation has been proposed in the US by House Science, Space, and Technology Committee Chairman Frank Lucas (R-OK) and Representative Andrea Salinas (D-OR) that seeks to support research, development, and testing of supercritical geothermal technologies. I’m proud to sponsor this bill and I thank Rep.
The status of geothermal as the emerging renewable energy sector seems to have strengthened further following this year’s CERAWeek in Houston, Texas. The report shows how next-generation geothermal can be cost-competitive, with the potential to increase the United States’ geothermalenergy production to 90 GW or more by 2050.
Department of Defense (DoD) Defense Innovation Unit (DIU), and the Environmental Security Technology Certification Program (ESTCP), Sage will evaluate the potential for geothermal baseload power generation to provide clean and resilient energy at the military base. military installations.
The IGA is continuing the webinar series with two upcoming sessions: Geothermal Heating & Cooling: A Deep Dive with Adele Manzella (22nd November 2023 14:00 UTC) Luis Gutierrez-Negrin Explores GeothermalPower Generation (24th November 2023 16:00 UTC) More details and registration for the two sessions can be done via this link.
In mid-2023, the PMDD approved funding of USD 15,000 to conduct a feasibility study for a geothermalpower plant in South Presidio County. Source: Marfa Public Radio The post Presidio County, Texas shows promise for geothermal development first appeared on ThinkGeoEnergy - GeothermalEnergy News.
(Sage) has signed a Memorandum of Understanding (MOU) with the California Resources Corporation (NYSE: CRC) to establish a collaborative framework for pursuing commercial projects and joint funding opportunities related to subsurface energy storage and geothermalpower generation in California.
reports the signing of a 10-year Power Purchase Agreement (PPA) with Calpine Energy Solutions, one of NorthAmericas largest energy suppliers. Source: Company release The post Ormat signs 15 MW PPA for Mammoth 2 plant with Calpine first appeared on ThinkGeoEnergy - GeothermalEnergy News.
Constellation Energy has agreed to acquire Calpine Energy in a deal that combines two of the largest electricity generators in the United States. Notably, Calpine Energy operates the Geysers geothermalpower complex in California , making it the largest geothermal operator in the US.
XGS Energy, an innovator in next-generation geothermalenergy technology and project development, has announced its acquisition of Capuano Engineering Company , a global geothermal drilling and completion services provider. I am excited to be a part of the future of geothermal.”
An excellent piece written by Aidan Mackenzie, Infrastructure Fellow at Institute for Progress, looks at the disparity of permitting requirements between geothermal and oil and gas in the context of the U.S., These CEs have been perpetuated as part of Section 390 of the Energy Policy Act of 2005.
Department of Energy (DOE) has published a new report that highlights pathways for the expansion of geothermal heating and cooling. The full report, “Pathways to Commercial Liftoff: Geothermal Heating and Cooling,” can be accessed via this link.
Government across several critical sectors, including financing for infrastructure and renewable energy. The Ijen Geothermalpower plant is a key part of Indonesia’s ambitious strategy for an energy transition,” said Nisha Biswal. This project also reinforces our shared goals through the U.S.-Indonesia
Greenfire Energy has been selected for the Launch Alaska Portfolio, joining a group of 41 companies that are deploying climate-friendly energy, industry, and transportation technologies in Alaska and beyond. By connecting climate tech companies, Launch Alaska aims to catalyze Alaska’s clean energy economy.
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