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Ormat acquires geothermal assets in Utah, Nevada, and California

ThinkGeoEnergy

“This transaction demonstrates our commitment to environmental stewardship, economic growth, and a greener, more sustainable future for all, aligning seamlessly with our business strategy of pursuing accretive M&A transactions alongside organic growth.” Ormat Technologies, Inc.

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Fervo Energy, Turboden to collaborate on Cape Station geothermal project, Utah

ThinkGeoEnergy

Situated in southwest Utah, Cape Station is positioned to redefine geothermal energy production with an anticipated total project capacity of approximately 400 MW. The success of Cape Station will not only validate the efficacy of EGS technology but also unlock vast potential for future geothermal power projects across the United States.

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The COP28 pledge to triple up by 2030 and implications for geothermal

ThinkGeoEnergy

The case for geothermal Currently, geothermal accounts for only about 0.5% of the total installed renewable power capacity. However, this is a massive under-representation of the contributions and further potential that geothermal has for decarbonization.

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DEEP and Ormat sign partnership for 5-MW geothermal project in Canada

ThinkGeoEnergy

DEEP Earth Energy Production and Ormat Technologies have signed a Notice to Proceed Agreement for a partnership to launch the first 5-MW conventional geothermal power plant in Canada. This development comes after years of collaboration between the two parties and is a notable first step to bringing the geothermal project online.

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IGA launches “Facts for Future” series to shape the future of geothermal

ThinkGeoEnergy

The IGA is continuing the webinar series with two upcoming sessions: Geothermal Heating & Cooling: A Deep Dive with Adele Manzella (22nd November 2023 14:00 UTC) Luis Gutierrez-Negrin Explores Geothermal Power Generation (24th November 2023 16:00 UTC) More details and registration for the two sessions can be done via this link.

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Geothermal draws great interest at CERAWeek in Houston, Texas

ThinkGeoEnergy

Although the event was still heavily dominated by oil and gas, the topic of geothermal came up multiple times as a potential pathway for transition for oil and gas companies and professionals. Chevron has since sold those assets ( Philippines and Indonesia) but in recent years has been gradually getting back to the geothermal market.

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Berkeley Lab publishes detailed report on Salton Sea geothermal lithium potential

ThinkGeoEnergy

The findings of the study The “Salton Sea Known Geothermal Resource Area” (KGRA) in Imperial County, California has been identified as a potential domestic U.S. resource of lithium due to the brine-hosted lithium in the deep subsurface geothermal reservoir. million.

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