Alphaxioms Geothermal News and Related Research Globally

Vulcan Energy  Secures $196 Million Deal for Geothermal Power and Lithium Production in Germany By:  Robert Buluma In a major leap for Europe’s clean energy transition, Vulcan Energy  Resources has signed a landmark $196 million (€110 million) supply contract with European firms Turboden and ROM Technik . The deal will see the development, procurement, and construction of a commercial geothermal power plant near Landau, Germany , forming a cornerstone of Vulcan’s phase one Lionheart Project . A Game-Changer for Renewable Energy and EV Supply Chains The contract covers the full scope of engineering, procurement, and construction (EPC) on a fixed lump-sum turnkey basis , ensuring certainty in both cost and delivery. When completed, the Lionheart geothermal facility will: Generate 275 gigawatt hours (GWh) of renewable power annually. Produce 24,000 tonnes of lithium hydroxide per year. Supply enough lithium for around 500,000 electric vehicles (EVs) annually. ...

Jakarta, September 2025   In a move that could change how Indonesia leverages its enormous geothermal endowment, PT Pertamina Geothermal Energy Tbk  (PGE) and PT  Toyota Motor Manufacturing Indonesia (TMMIN) signed a joint declaration to develop a green hydrogen ecosystem in Indonesia.  By:  Robert Buluma The announcement  made at the 11th Indonesia International Geothermal Convention & Exhibition (IIGCE) in Jakarta  signals an ambition to turn geothermal heat into a strategic feedstock for low-carbon fuels and industrial feedstocks, not just electricity. Why this matters Indonesia sits on some of the world’s richest geothermal resources. Traditionally those resources have been used to generate baseload electricity; PGE’s partnership with Toyota broadens the conversation: use geothermal power and heat to produce green hydrogen, then convert that hydrogen into transport fuels, ammonia, methanol, or industrial hydrogen for heavy industry. That pivot...

Geothermal energy is often called the “quiet backbone” of the clean energy transition. To understand the science, challenges, and innovations driving this sector, we spoke with a seasoned geothermal reservoir engineer with experience spanning the Andes, Nevada, Utah, and volcanic fields worldwide. Here’s what they shared. By:  Robert Buluma 1. What sparked your passion for geothermal reservoir engineering, and did you ever imagine yourself working in some of the world’s most challenging geothermal fields? My passion was sparked during my early career in the petroleum industry, specifically in reservoirs. I was fascinated by the subsurface—how fluids move, how heat and pressure interact but it wasn’t until I worked on projects in Peru that I realized geothermal offered the chance to apply my skills to clean energy. I never imagined I would later work on Enhanced Geothermal Systems (EGS) projects in Nevada and Utah or Andean volcanic fields, where the geology is as unforgiving as it ...

XGS Energy  Achieves 3,000-Hour Milestone for Water-Independent Geothermal System By : Robert Buluma HOUSTON, Sept 30, 2025 – In a groundbreaking achievement for the geothermal sector, XGS Energy has announced the successful 3,000-hour operation of its water-independent geothermal system at commercial scale. This milestone not only validates the system’s commercial economics but also positions XGS as the first company to demonstrate such technology under real-world, commercial conditions. A New Era in Geothermal Innovation The operations took place at the Coso Geothermal Field in California’s Western Mojave Desert, a site owned by Atlantica Sustainable Infrastructure and operated by Coso Operating Company. XGS Energy  revitalized a well that had been idle for over two decades, installing its proprietary closed-loop geothermal system enhanced by Thermal Reach Enhancement (TRE) technology. Flow testing delivered a record performance, maintaining a sustained temperature differenc...

CKW and Localnet AG are investigating geothermal energy potential in the Burgdorf region to provide continuous, climate-friendly heat and power. Discover how the project is progressing, what steps are planned, and what it could mean for sustainable energy in Switzerland. Why Geothermal Energy Matters CKW  and  Local Net AG have launched preliminary studies for a possible geothermal project in the Burgdorf region. The goal is to assess whether geothermal energy can be used to produce heat and electricity in a way that is climate-friendly and independent of weather conditions. Unlike solar, wind, and hydropower that depend on daily or seasonal patterns, geothermal can provide continuous, reliable energy an important factor in Switzerland’s push toward climate neutrality. Scope of the Initial Studies In the coming months,  CKW (a subsidiary of the Axpo Group) and  Local Net Ag will: Analyze publicly available underground and geological data. Evaluate the poten...

Cornish Lithium  Secures £35M in Equity Funding  A Milestone for UK Critical Minerals By:  Robert Buluma In a major boost for the UK’s domestic battery supply ambitions,  Cornish Lithium has announced that it has secured £35 million in new equity funding. This capital raise is intended to propel its key projects closer to construction and commercial stages, marking a pivotal moment in the firm’s trajectory. Backing & Investors The funding round is led by existing institutional backers, with up to £31 million coming from the National Wealth Fund (NWF) , and approximately £4 million from TechMet , a long-standing investor in the company. Cornish Lithium’s legal counsel for the deal was Mayer Brown. What the Funds Will Be Used For Cornish Lithium will allocate the capital toward advancing two flagship projects: Trelavour Lithium Project : The funds will support further engineering work, feasibility studies, and help lead the project toward a construction...