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German firms plan to exploit massive lithium deposits beneath the Rhine

Charged

To date, Europe has been importing the bulk of its lithium from the “lithium triangle” in South America, and from Australia. German-Australian startup Vulcan Energy Resources says it can deliver carbon-neutral lithium, extracted at geothermal power stations. The company plans to invest 1.7

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Ecopetrol to proceed with drilling for Caldas geothermal project, Colombia

ThinkGeoEnergy

Colombian state-owned petroleum company Ecopetrol has announced that it will now invest on drilling for the planned geothermal power generation project in Caldas, Colombia. The plan for the first phase of the project is to develop a 30-MW geothermal power plant.

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EOI – Consultancy for geothermal project construction, Chachimbiro, Ecuador

ThinkGeoEnergy

The Ecuadorian Government, through the Electric Corporation of Ecuador (CELEC), has published an invitation for Expressions of Interest (EOI) and financial proposals for consulting services for the construction of a geothermal power plant at the Chachimbiro site in Ecuador.

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Lilac Solutions to use novel technology to extract lithium from the Salton Sea

Charged

Beneath California’s Salton Sea lies a vast pool of super-heated fluid that’s long been exploited as a source of geothermal power. Lilac has partnered with the Australian firm Controlled Thermal Resources to develop a geothermal power plant and lithium-extraction facility at the Salton Sea.

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Ecuador secures loan from Japan for Chachimbiro geothermal project

ThinkGeoEnergy

Development at the Chachimbiro geothermal site is targeting an installed capacity of 50 MW. According to CELEC, the construction of the geothermal power plant has an estimated budget of $250 million. Located in the Imbabura province in northern Ecuador, the site had been extensively studied and has a 2000-m exploratory well.

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Tender for Chachimbiro, Ecuador geothermal consultancy enters prequalification

ThinkGeoEnergy

The tender process for consultancy services for the construction of a geothermal power plant at the Chachimbiro site in Ecuador has entered the prequalification stage. Applications for this step will be accepted until 4 January 2025.

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The COP28 pledge to triple up by 2030 and implications for geothermal

ThinkGeoEnergy

The case for geothermal Currently, geothermal accounts for only about 0.5% of the total installed renewable power capacity. However, this is a massive under-representation of the contributions and further potential that geothermal has for decarbonization.