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KenGen to invest on more geothermal amidst underperforming hydropower

ThinkGeoEnergy

KenGen has announced a revamped plan to generate more electricity from geothermal power plants in the face of low water inflows being experienced at their large hydropower stations. KenGen made the shift to its current geothermal-led strategy following repeated failure of hydro generation over the years.

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Sihuangziping geothermal project in Taiwan breaks ground on 4-MW expansion

ThinkGeoEnergy

Editor’s note: The Sihuangziping geothermal power project is also referred to in other sources as the Liuhuangziping geothermal power project. A groundbreaking ceremony for the 4-MW Sihuangziping geothermal power plant Jinshan, New Taipei City in Taiwan was held on the 20th of November 2023.

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Green Dividend Stocks: The Comfort Food of Investing in a Sustainable Future

Hydrogen Fuel News

Let’s unravel this financial package together and discover why investing your dollars into these environmentally-friendly entities may potentially make your financial portfolio greener too. But let’s chit-chat about something that often tags along with investing: dividends. Let’s dig in.

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Drill dominion: First ever CfDs awarded for geothermal energy

Envirotec Magazine

The Renewable Energy Association and Arup have estimated* that the development of deep geothermal projects in the UK could fulfil the UK’s entire residential heat demand for 100 years and create as many as 10,000 direct and 25,000 indirect jobs by 2050.

Energy 147
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Google’s new geothermal energy project is up and running

The Verge: Energy

Google is partnering with startup Fervo, which has developed new technology for harnessing geothermal power. Since they’re using different tactics than traditional geothermal plants, it is a relatively small project with the capacity to generate 3.5 For context, one megawatt is enough to meet the demand of roughly 750 homes.

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Taiwan opens Qingshui Geothermal Education Center

ThinkGeoEnergy

The education center has been completed after two years of construction and investment of nearly 30 million yuan (approx. The Geothermal Education Center is divided into a geothermal exploration exhibition hall and a generator control room. million) from private entities.

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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.