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Philippines’ Lopez Group installing 40MW of battery storage at geothermal power plants

Energy Storage News

A renewable energy subsidiary of the Philippine conglomerate Lopez Group has contracted for the deployment of battery energy storage system (BESS) resources at three geothermal sites.

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CTR breaks ground on geothermal and lithium facility in California

ThinkGeoEnergy

(CTR) has broken ground on the construction of an integrated geothermal power 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

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Statevolt to build 54 GWh battery gigafactory in California

Charged

Startup Statevolt, a sister company of Britishvolt and Italvolt , plans to invest $4 billion to construct a new battery factory in California’s Imperial Valley. Once fully operational, the new gigafactory will have an annual battery production capacity of 54 GWh—enough to equip around 650,000 EVs. Source: Statevolt.

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CTR to receive $30 million tax credit from California to support geothermal lithium project

ThinkGeoEnergy

Situated in the Salton Sea Geothermal Field in Imperial Valley, the Hell’s Kitchen Lithium and Power Project aims to provide 50 MW of geothermal power and 25,000 tonnes of lithium hydroxide monohydrate by 2025-2026. In exchange for this tax credit, CTR is expected to make capital investments of more than $14.7

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Vulcan Energy wins 2024 Ruggero Bertani Geothermal Innovation Award

ThinkGeoEnergy

Vulcan Energie Ressourcen GmbH (Vulcan Energy) has been awarded as the recipient of the prestigious Ruggero Bertani European Geothermal Innovation Award 2024. The LEOP, inaugurated in November 2023, is located at the site of the Landau geothermal power plant in Germany. It is very important for us.

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Council in Landau, Germany approves construction of geothermal lithium plant

ThinkGeoEnergy

The City Council of Landau in Rhineland-Palatinate, Germany has approved an agreement with Vulcan Energy (Vulcan) to begin construction of an integrated geothermal energy generation and lithium extraction plant (G-LEP) at the site of the planned “Am Messegelände Südost” business park.

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German firms plan to exploit massive lithium deposits beneath the Rhine

Charged

German-Australian startup Vulcan Energy Resources says it can deliver carbon-neutral lithium, extracted at geothermal power stations. billion euros ($2 billion) to build up to five geothermal power stations and facilities to extract the lithium. The company plans to invest 1.7

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