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Ormat acquires geothermal assets in Utah, Nevada, and California

ThinkGeoEnergy

Ormat is committed to a series of value-enhancing growth initiatives for these assets, which include: Enhancement and optimization of Cove Fort, Stillwater, and Salt Wells – Ormat intends to enhance and optimize the three operating geothermal assets by installing Ormat’s state-of-the-art equipment. 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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GeothermEx confirms sustainability of DEEP geothermal project in Canada

ThinkGeoEnergy

(“DEEP” or “the Corporation”) announces that SLB’s GeothermEx consulting service has completed a geoscience and reservoir engineering technical review of DEEP’s geothermal project. The project design and well layout enable conductive heat transfer from above and below the DEEP Sand to sustain thermal energy production.

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

ThinkGeoEnergy

. “ Since geothermal requires financial incentives for its exploration and development, these can come from the oil industry and income of our country, since I consider that Petróleos Mexicanos and the oil industry in general could pay a decarbonization bonus that encourages exploration and geothermal drilling.”

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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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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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Despite setback, Unalaska intends to push on with geothermal project

ThinkGeoEnergy

The original developer of the Makushin geothermal power project in city of Unalaska in Alaska has now been removed from the project following the expiry of the PPA that has been signed with the City. However, there is hope yet for the geothermal project as the City seems to have plans of developing it under a different structure.