XGS Energy raises $9.7m for breakthrough geothermal technology
XGS Energy, a pioneering force in geothermal energy technology, announced it has successfully raised an additional $9.7 million in funding. The investment round, spearheaded by ... Read More
Enel Green Power North America divests geothermal and solar assets to ORMAT
Enel S.p.A., through Enel Green Power North America Inc. (EGPNA), has finalized a significant agreement with ORMAT Technologies Inc. for the sale of a renewable ... Read More
Ormat Technologies to acquire US renewable energy portfolio from Enel Green Power for $271m
Ormat Technologies, Inc. (NYSE: ORA), a key player in the renewable energy sector, is set to diversify its portfolio with a noteworthy acquisition. The company ... Read More
Stellantis, Vulcan Energy join forces for geothermal energy project in France
Stellantis N.V. and Vulcan Energy Resources have signed a binding term sheet for the first phase of a multiphase project that aims to develop new ... Read More
Masdar forays into geothermal space with investment in Pertamina Geothermal
UAE-based renewable energy company Masdar has made an undisclosed investment in Indonesia-based Pertamina Geothermal Energy, to mark its foray into the geothermal space. With the ... Read More
Green hydrogen and ammonia projects in Indonesia : Pertamina, Keppel, and Chevron to explore feasibility
Pertamina Power Indonesia, Keppel Infrastructure, and Chevron will explore the feasibility of developing green hydrogen and green ammonia projects in Indonesia by leveraging renewable energy ... Read More
Atlantica Sustainable acquires 135MW geothermal power plants in California
Atlantica Sustainable Infrastructure has signed an agreement to acquire Coso Geothermal Power Holdings, the owner of 135MW geothermal power plants in California, for about $170 ... Read More
ONGC signs MoU to develop geothermal fields in Ladakh
India’s state-owned Oil and Natural Gas Corporation (ONGC) has announced the first-ever geothermal field development project in India at Ladakh for producing power from the ... Read More
Thermal Energy Partners, Schlumberger New Energy form GeoFrame Energy
Thermal Energy Partners (TEP) has joined forces with Schlumberger New Energy, a new Schlumberger business, to create a geothermal project development company called GeoFrame Energy. ... Read More
ADB to grant $300m loan for GDE’s 110MW geothermal power project in Indonesia
The Asian Development Bank (ADB) has sanctioned a $300 million loan to Indonesian state-owned company Geo Dipa Energi (GDE) for expanding its geothermal power generation ... Read More