ThinkGeoEnergy

AUGUST 29, 2023

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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ThinkGeoEnergy

JANUARY 31, 2024

PPC Renewables , the renewable energy subsidiary of state energy company, is planning to put up a 250-kW geothermal pilot project in the island of Lesvos in Greece within 2024. This is considered only an initial stage in development with the ultimate goal of installing and operating an 8-MW geothermal power station in Lesvos.

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ThinkGeoEnergy

NOVEMBER 13, 2023

Obayashi Corporation is an international construction and engineering company, listed on the Tokyo Stock Exchange, and has significant renewable energy development and operational experience in Japan, with a commitment to decarbonisation and accelerating opportunities in the green energy sector.

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ThinkGeoEnergy

FEBRUARY 5, 2024

History of geothermal exploration in Singapore (source: Alessandro Romagnoli) Subsequently, there was a six-year pause in the study before researchers at the National University of Singapore (NUS) expanded the groundwater concept in 2009-2012, simulating the first computer model for the Singapore geothermal reservoir (Oliver et al.

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