ThinkGeoEnergy

OCTOBER 23, 2023

Ormat Technologies, Inc. “This transaction demonstrates our commitment to environmental stewardship, economic growth, and a greener, more sustainable future for all, aligning seamlessly with our business strategy of pursuing accretive M&A transactions alongside organic growth.”

Geothermal power 104

Geothermal power North America Technology Organic 104

Solar Industry

JANUARY 4, 2024

Ormat Technologies has closed the previously announced acquisition of a portfolio of geothermal and solar assets from Enel Green Power North America (EGPNA), a subsidiary of Enel SpA.

North America 110

North America Geothermal power Technology Energy 110

ThinkGeoEnergy

JANUARY 4, 2024

Ormat Technologies Inc. Ormat) has closed the previously announced acquisition of a portfolio of geothermal and solar assets from Enel Green Power North America (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.

Geothermal power 59

Geothermal power North America Technology Electricity 59

ThinkGeoEnergy

JUNE 7, 2024

Benjamin Burke, Chief Executive Officer, Gradient Geothermal. “We Pierce can be a world-class ‘geothermal garden’ where both heat and electricity from geothermal power benefit the entire town and provide jobs for a workforce familiar with oil and gas.” Our technologies are field-tested and commercial ready.

Geothermal power 98

Geothermal power Cooling Technology Education 98

ThinkGeoEnergy

MAY 7, 2024

This investment will go towards the scaling of Zanskar’s AI-led exploration technology to develop new geothermal resources. Zanskar is an AI-native geothermal developer leveraging a suite of new technologies to improve the geothermal discovery and development process.

Technology 59

Technology Geothermal power Resilience Investment 59

ThinkGeoEnergy

NOVEMBER 5, 2024

The project envisions a two-phase development which will include a geothermal heated greenhouse, and a 10-MW geothermal power plant. The first phase of the Latitude 53 project aims to support year-round cultivation of strawberries across a 20-acre greenhouse using approximately 50 GJ of geothermal heat per hour.

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Geothermal power Patents Technology Construction 52

ThinkGeoEnergy

MARCH 5, 2024

The State of Hawaii currently has an operating geothermal power plant – the Puna Geothermal Power Plant, located in the Island of Hawai’i. In 2018, the eruption of Kilauea Volcano damaged the power plant which had to be taken offline until eventually resuming operations in 2020.

Geothermal power 111

Geothermal power Energy Energy Technology 111

ThinkGeoEnergy

APRIL 22, 2024

Situated in southwest Utah, Cape Station is positioned to redefine geothermal energy production with an anticipated total project capacity of approximately 400 MW. The success of Cape Station will not only validate the efficacy of EGS technology but also unlock vast potential for future geothermal power projects across the United States.

North America 59

North America Energy Energy Geothermal power 59

ThinkGeoEnergy

OCTOBER 12, 2023

DEEP Earth Energy Production and Ormat Technologies have signed a Notice to Proceed Agreement for a partnership to launch the first 5-MW conventional geothermal power 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.

Geothermal power 98

Geothermal power Technology Sustainability Organic 98

ThinkGeoEnergy

SEPTEMBER 27, 2024

(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 geothermal power generation in California.

Geothermal power 52

Geothermal power Energy Energy Power grid 52

POWER Magazine

SEPTEMBER 5, 2024

POWER is proud to partner with RE+ as we provide information and insight for attendees of the largest renewable energy event in North America. RE+ celebrates its 20th anniversary this […] The post Coming Together for Clean Energy: Supplement to POWER and RE+ appeared first on POWER Magazine.

North America 69

North America Energy Energy Geothermal power 69

ThinkGeoEnergy

DECEMBER 8, 2023

In this scale-up, solar and wind will have the largest role to play, but all renewable energy technologies will be essential. The case for geothermal Currently, geothermal accounts for only about 0.5% of the total installed renewable power capacity.

North America 98

North America Cooling Geothermal power South America 98

ThinkGeoEnergy

JANUARY 8, 2024

We evaluated our existing database of power plants, compared it with numbers released from operators, national authorities, international reporting and more. The total installed geothermal power generation capacity at year-end 2023 stood at 16,335 MW, an increase of 208 MW.

Geothermal power 141

Geothermal power North America Startups Government 141

ThinkGeoEnergy

NOVEMBER 12, 2024

The latest addition expands upon the scope of GeoMap, which initially included Nigeria as a first case study and was then updated to encompass North America. GeoMap India also identifies coal power plants with the potential for conversion to geothermal power, and industrial zones that could benefit from geothermal heat networks.

Cooling 52

Cooling Geothermal power North America Policy 52

ThinkGeoEnergy

AUGUST 27, 2024

Five projects address the need for improved wellbore constructions in enhanced geothermal systems (EGS), while one project seeks to demonstrate the use of reservoir thermal energy storage (RTES) for industrial processes.

Construction 97

Construction Energy Energy Geothermal power 97

ThinkGeoEnergy

APRIL 9, 2024

Department of Energy will be hosting the “DOE’s Pathways to Commercial Liftoff: Next-Generation Geothermal Power Webinar” on the 12th of April 2024 from 2:00-3:00 pm ET. These reports offer valuable insights, identifying key themes and interactions among various grid technologies. Click here to register.

Geothermal power 52

Geothermal power Policy Technology Energy 52

ThinkGeoEnergy

JULY 11, 2024

Other facilities and sites of interest in the Milford Valley corridor are also included, such as the Blundell geothermal power plant, Roosevelt hot springs, and solar and wind power projects. Photos, videos, and 360-degree views are offered for each of the points of interest in the virtual tour.

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Energy Monitor Solar Energy Monitor Geothermal power Wind power 52

ThinkGeoEnergy

JUNE 13, 2024

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.

Geothermal power 105

Geothermal power Technology Energy Energy 105

ThinkGeoEnergy

OCTOBER 18, 2024

The geothermal community has a new podcast to keep an eye (and ears) out for. Geothermal Unleashed seeks to explore the cutting-edge of geothermal technology and help educate and document the rise of geothermal in the global energy transition.

Geothermal power 52

Geothermal power Education Technology Policy 52

ThinkGeoEnergy

OCTOBER 3, 2024

This next phase allows us to build on our important achievements and to further develop and de-risk the tools and technologies necessary to unlock the potential of next-generation geothermal power.” The full recording of this webinar is available below. ?

Geothermal power 52

Geothermal power Technology Energy Energy 52

ThinkGeoEnergy

OCTOBER 25, 2024

An amount of $51 million will be mobilized through a contingent donation by the Clean Technology Fun (CTF) which will be activated if the exploration drilling is not successful. Instructions on how to acquire the bid documents are available at the official post of the publication of the Government of Mexico.

Geothermal power 59

Geothermal power Government Electricity Technology 59

ThinkGeoEnergy

MAY 23, 2024

A ceremonial commitment signing was held in Jakarta between Nisha Biswal, Deputy Chief Executive Officer of the DFC and representatives from PT Medco Power Indonesia and Ormat Technologies Inc. MCG is jointly owned by Medco Power (51%) and Ormat Technologies (49%).

Geothermal power 69

Geothermal power Technology Government Energy 69

ThinkGeoEnergy

MARCH 22, 2024

If we can capture the “heat beneath our feet,” it can be the clean, reliable, base-load scalable power for everybody from industries to households,” said Granholm during the announcement. For example, all federal oil and gas leases can be converted to geothermal leases without having to go through any permitting review.”

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Geothermal power Technology Energy Energy 99

ThinkGeoEnergy

SEPTEMBER 9, 2024

The full paper, “Techno-Economic Analysis of Greenfield Geothermal Hybrid Power Plants using a Solar or Natural Gas Steam Topping Cycle,” by Wendt et. Leveraging efficiency and flexibility Geothermal power plants face several challenges to competitively provide power to U.S. energy markets.

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Natural gas Geothermal power Solar Power Waste 102

ThinkGeoEnergy

APRIL 5, 2024

Heber Diez went on to say that the investment requirement of geothermal represents a slight fraction of what is spent for the oil industry. The AGM President emphasized that the exploration and deployment of geothermal power technologies may be expensive at the onset, but these are compensated enough when the facilities are operational.

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Geothermal power Energy Energy Investment 52

ThinkGeoEnergy

OCTOBER 4, 2024

(Sage) has been selected to conduct conduct geothermal project development initiatives at the Naval Air Station (NAS) Corpus Christi in Texas. These analyses could pave the way for expanding geothermal energy solutions across additional U.S. In partnership with the U.S. military installations.

Geothermal power 59

Geothermal power Resilience Technology Energy 59

ThinkGeoEnergy

JUNE 4, 2024

TerraLithium , a wholly owned subsidiary of Occidental, has patented DLE technologies that have the potential to process any lithium-containing brine into a responsibly sourced supply of high-purity lithium. The joint venture also plans to license the technology and develop commercial lithium production facilities outside the Imperial Valley.

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Lithium Geothermal power Patents Technology 59

ThinkGeoEnergy

OCTOBER 9, 2024

Dr. Alper Baba, Vice Rector of Izmir Institute of Technology (IZTECH) and Professor in the Department of Environmental Engineering, has been included in the list of the world’s most influential scientists, prepared by Stanford University. Dr. Baba was recognized particularly for his work in water resources and geothermal energy.

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Geothermal power Sustainability Energy Energy 52

ThinkGeoEnergy

JULY 9, 2024

XGS Energy, an innovator in next-generation geothermal energy technology and project development, has announced its acquisition of Capuano Engineering Company , a global geothermal drilling and completion services provider. With the additional expertise of Capuano Engineering Founder, President, and CEO Louis (Lou) Capuano, Jr.

Energy 59

Energy Energy Geothermal power Technology 59

ThinkGeoEnergy

MAY 2, 2024

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. GreenFire Energy is aiming to develop geothermal energy projects in Alaska primarily by deploying the GreenLoop technology.

Energy 52

Energy Energy Geothermal power Technology 52

ThinkGeoEnergy

SEPTEMBER 10, 2024

During its second annual Technology Day, Fervo Energy (Fervo) announced a series of technical and commercial breakthroughs that the company has achieved at its Cape Station geothermal project in Beaver County, Utah. The 30-day test, a standard for geothermal, achieved a maximum flow rate of 107 kg/s at high temperature.

Geothermal power 52

Geothermal power Fossil fuels Construction Energy 52

ThinkGeoEnergy

APRIL 23, 2024

The funding massively upscales Canada’s research and development efforts in geothermal power and supports its national commitment to achieve net-zero emissions by 2050 to address the climate crisis. The program focuses on deep geothermal systems in hot, dry rock five to 10 kilometers below Earth’s surface.

Climate change 72

Climate change Geothermal power Innovation Energy 72

ThinkGeoEnergy

MARCH 12, 2024

Quaise Energy , a geothermal drilling technology startup pioneering millimeter wave drilling technology, has just closed a $21 million Series A1 funding round led by Prelude Ventures and Safar Partners, with Mitsubishi Corporation and Standard Investments joining the company’s list of new investors.

Energy 52

Energy Energy Carbon-neutral Geothermal power 52

ThinkGeoEnergy

JULY 3, 2024

million for 35 innovative geothermal projects, ranging from heat pump installations to geothermal power generation. Multiple opportunities for geothermal in Colorado One of the more important conclusions from the report is that Colorado can utilize multiple existing technologies to utilize its diverse geothermal temperatures.

Geothermal power 59

Geothermal power Technology Electricity Carbon 59

ThinkGeoEnergy

SEPTEMBER 10, 2024

With the geothermal sector gaining momentum, the SPE Workshop serves as a focal point for stakeholders to come together and come up with solutions to the unique challenges of the region. There is even work being done at aquaponics using geothermal. Efforts to develop unconventional geothermal systems are underway in Canada.

Technology 52

Technology Innovation Geothermal power Hydropower 52

ThinkGeoEnergy

OCTOBER 24, 2024

Just recently, Fervo Energy received the approval from the Bureau of Land Management for the Fervo Cape Geothermal Power Project, an Enhanced Geothermal System (EGS) project that is aiming for a total installed capacity of 2 GW. Bill Heyborne, Dean of the College of Natural Sciences and Professor of Biology. “

Energy 52

Energy Energy Geothermal power Fossil fuels 52

ThinkGeoEnergy

AUGUST 22, 2023

Through this collaboration, a diverse group of 14 students will work with geothermal companies, national laboratories, or state agencies on projects that advance geothermal technologies.

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Geothermal power Technology Energy Energy 52