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

ThinkGeoEnergy

CTR was one of the eight innovative companies that received a total of $120 million in investment from the State of California. billion in private investment over the next five years. In exchange for this tax credit, CTR is expected to make capital investments of more than $14.7

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Geothermal draws great interest at CERAWeek in Houston, Texas

ThinkGeoEnergy

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. Phase 2 is targeting an installed capacity of 88 to 125 GW, which would require $225 to $250 billion of investment.

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Quaise Energy secures $21 million funding to support field operations

ThinkGeoEnergy

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. of Mitsubishi Corporation. “We

Energy 52
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Research for ultradeep geothermal in Canada receives major funding

ThinkGeoEnergy

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.

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Colorado publishes detailed geothermal resource and utilization report

ThinkGeoEnergy

The Colorado Energy and Carbon Management Commission (ECMC), the Colorado Geological Survey (CGS), and Teverra have published a comprehensive report on the geothermal resources and history of Colorado, a utilization and market analysis, and an environmental and regulatory evaluation of the state’s geothermal opportunities.

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Jobs – Geothermal Earth Scientist, Chevron New Energies – Houston, Texas

ThinkGeoEnergy

Familiar with different geothermal technologies (hydrothermal, EGS, ACL), vintage and varying quality of applicable geophysical data, well log correlations, core data to access opportunities for subsurface assurance. This position reports to the Geothermal Program Manager.

Energy 52