Geothermal power Investment North America Technology 
ThinkGeoEnergy
AUGUST 21, 2024
The Cascade Institute , a research centre at Royal Roads University, has published a roadmap towards the deployment of ultradeep geothermal power technologies for commercial operations in Canada. The “Ultradeep Geothermal Research and Action Roadmap” can be accessed and downloaded here.
ThinkGeoEnergy
JUNE 13, 2024
The US Department of Energy (DOE) and Geothermal Technologies Office (GTO) has announced a new funding opportunity under the Geothermal Resources’ Value in Implementing Decarbonization (GRID) program. A total of USD 7 million will be available under this funding.
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ThinkGeoEnergy
JUNE 13, 2024
Google has entered into an agreement with Nevada electric utility company and Berkshire Hathaway Energy subsidiary NV Energy to increase the supply of geothermal power to its data center operations from 3.5 As part of this agreement, NV Energy is working with geothermal developer Fervo Energy for the geothermal power supply. “NV
ThinkGeoEnergy
OCTOBER 23, 2023
Ormat Technologies, Inc. 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.
ThinkGeoEnergy
MAY 7, 2024
Zanskar Geothermal & Minerals (Zanskar) has announced the closing of a $30 million funding round led by Obvious Ventures. This investment will go towards the scaling of Zanskar’s AI-led exploration technology to develop new geothermal resources.
ThinkGeoEnergy
AUGUST 27, 2024
The US Department of Energy has announced a total investment of USD 31 million for six projects that aim to advance geothermal energy deployment. Funding for these projects will be under the DOE’s Geothermal Technologies Office in the Office of Energy Efficiency and Renewable Energy.
ThinkGeoEnergy
MARCH 22, 2024
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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