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Ormat acquires geothermal assets in Utah, Nevada, and California

ThinkGeoEnergy

Stillwater Hybrid geothermal and solar – located in Churchill County, Nevada, the triple hybrid power plant consists of a geothermal binary unit, Solar PV plant, and solar thermal plant that sells its clean electricity under a long-term PPA with NV Energy. Ormat Technologies, Inc.

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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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Geothermal draws great interest at CERAWeek in Houston, Texas

ThinkGeoEnergy

The status of geothermal as the emerging renewable energy sector seems to have strengthened further following this year’s CERAWeek in Houston, Texas. The report shows how next-generation geothermal can be cost-competitive, with the potential to increase the United States’ geothermal energy production to 90 GW or more by 2050.

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AGM calls for geothermal incentive from O&G industry in Mexico

ThinkGeoEnergy

Heber Diez went on to say that the investment requirement of geothermal represents a slight fraction of what is spent for the oil industry. Heber Diez went on to say that the investment requirement of geothermal represents a slight fraction of what is spent for the oil industry. Registration for the congress is open.

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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.

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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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US commits $126 million for Ijen geothermal project in East Java, Indonesia

ThinkGeoEnergy

Government across several critical sectors, including financing for infrastructure and renewable energy. The Ijen Geothermal power plant is a key part of Indonesia’s ambitious strategy for an energy transition,” said Nisha Biswal. This project also reinforces our shared goals through the U.S.-Indonesia