XGS Energy raises $9.7m for breakthrough geothermal technology

Pallavi Madhiraju- January 25, 2024 0

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

Pallavi Madhiraju- January 7, 2024 0

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

Pallavi Madhiraju- October 25, 2023 0

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

Pallavi Madhiraju- May 31, 2023 0

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

Raghuram Kadari- February 28, 2023 0

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

Raghuram Kadari- November 12, 2022 0

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

Soujanya- March 20, 2021 0

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

Pallavi Madhiraju- February 9, 2021 0

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

Pallavi Madhiraju- September 7, 2020 0

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

Soujanya- May 30, 2020 0

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