ThinkGeoEnergy
MARCH 4, 2024
(Ormat) has signed a 30-year Power Purchase Agreement (PPA) with Electricité de France (EDF) for the development of a new 10-MW geothermal power plant on the Island of Guadeloupe. The power plant, of which 63.75% in equity interest will be held by Ormat, is expected to be operational by the end of 2025.
ThinkGeoEnergy
OCTOBER 24, 2023
The Energy Development Corporation (EDC) recently celebrated the 40th year anniversary of the Tongonan geothermal power plant in the Leyte geothermal field of the Philippines. After several years of intensive exploration and development work, the Tongonan-1 geothermal power plant was inaugurated on July 02, 1983.
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GreenTech Gazette
FEBRUARY 1, 2023
The latest technology being used in geothermal energy is Enhanced Geothermal Systems (EGS). EGS involves creating man-made geothermal reservoirs in areas where natural ones do not exist by injecting water into hot, dry rock to create steam, which can be used to generate electricity.
Greentown Labs
NOVEMBER 16, 2022
Dandelion Energy raised a $70M Series B-1 round to install geothermal heating and cooling solutions. investment in its vegetation intelligence platform that helps utilities reduce the risk of power outages and wildfires. Department of Energy to extract nickel and magnesium from mining waste. seed round. seed round.
ThinkGeoEnergy
SEPTEMBER 15, 2023
In 2022, 1,476 PJ (410 TWh) of geothermal energy has been used globally, a 44% increase from 2020, among them, the geothermal heating and cooling of buildings accounted for about 79% of the total. Sinopec has one key laboratory for geothermal resource development and owns over 130 technology patents.
Greentown Labs
DECEMBER 14, 2021
Twenty-five startups joined our community in the final months of 2021, working on innovations as diverse as solar-plus-storage for blackouts, plastic and tire recycling, geothermal power generation, and construction-less dam electrification. Electricity. Fervo Energy is a next-generation geothermal power developer.
ThinkGeoEnergy
DECEMBER 11, 2023
This “geothermal first” was the result of integrated geoscientific and reservoir engineering analyses in a very challenging resource, and it was a real breakthrough for geothermal in terms of getting projects financed. GW of geothermal power installed around the world—has helped the geothermal industry to grow.
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