ALPHAXIOMS Geothermal News & Energy Research

The Ombudsverein ErdWärme e.V. represents a pivotal advancement in Germany's geothermal landscape, particularly in Baden-Württemberg.  By: Robert Buluma Founded on March 4, 2026 (based on the state's ministry announcement dated March 4, 2026), this independent association addresses citizen concerns over potential damages from deep geothermal projects. It provides a mechanism for quick, low-threshold, impartial, and complete resolution of disputes. Key founding members include five active deep geothermal companies in the state: Badenova Wärmeplus GmbH & Co . KG, Deutsche ErdWärme GmbH, EnBW Energie Baden-Württemberg , MVV Energie AG , and Vulcan Energy . They collaborated with the Plattform Erneuerbare Energien Baden-Württemberg e.V .,the  Bundesverband Geothermie e.V ., Prof. Dr. Oliver Brand (Universität Mannheim) ), and the state government. State Secretary Dr. Andre Baumann signed a cooperation agreement at the founding event. This initiative stems from a 2024 expert ...

ZeroGeo Energy's Acquisition of . Geothermie Rupertiwinkel : Building Bavaria's Next Green Energy Hub By:  Robert Buluma In early 2026, ZeroGeo Energy GmbH . completed its purchase of  Geothermie Rupertiwinkel GmbH (GTR ), marking an important milestone in the development of geothermal energy in southeast Bavaria, Germany. The acquisition includes the full portfolio of GTR , most notably the 91-square-kilometer Ruperti II geothermal exploration permit. With this deal, ZeroGeo is now positioned to advance plans for an integrated Green Energy Hub in Kirchanschöring — a facility that will combine geothermal heating, cooling, electricity generation, and battery storage to deliver reliable, low-carbon energy to the local community and beyond. As Alphaxioms Geothermal News , we closely follow projects that demonstrate how geothermal can play a central role in Europe’s energy transition. This transaction is particularly noteworthy because it builds on years of high-quality subsurfa...

🔥 $20 Million and a Signal to the Market: Reykjavík Geothermal’s Strategic Breakthrough Capital talks. And in geothermal energy, capital only moves when confidence is real. The recent $20 million Series B financing round for Reykjavík Geothermal, advised and led by Fossar as sole manager, is more than a funding announcement. It is a market signal — one that tells us geothermal energy is no longer waiting for validation. It is being banked. This transaction marks a decisive shift in how institutional investors are viewing geothermal assets: not as experimental ventures, not as peripheral renewables — but as structured, scalable infrastructure investments. And that changes everything. ⚡ The Money Behind the Momentum On 25 February 2026, Reykjavík Geothermal closed a Series B round of up to $20 million (approximately ISK 2.4 billion). The financing was led by Innviðir fjárfestingar II, an infrastructure fund managed by Summa Rekstrarfélag, with participation from existing shareholders an...

The Quiet Revolution Underground: How an Oil Giant Drilled 4 Miles Deep for Geothermal Heat And What It Means for the Future of Clean Energy By:  Robert Buluma  Date:March 6, 2026 Imagine this: In the flat, oil-soaked plains of Weld County, Colorado—where drilling rigs have long been synonymous with fossil fuels—a massive rig rises quietly last spring. No fanfare, no press releases blasting headlines. Just Occidental Petroleum (Oxy) , the oil behemoth better known for pumping black gold, sinking twin boreholes nearly four miles (about 20,000 feet) into the Earth. Not for oil or gas this time—but for something far more revolutionary: limitless, carbon-free heat from the planet's depths. Completed in under six weeks starting April 2025, this secretive project—dubbed GLADE (Geothermal Limitless Approach to Drilling Efficiencies)—has sent ripples through the geothermal world. Backed by a $9 million U.S. Department of Energy grant from 2022, GLADE wasn't about extracting hydrocarb...

Milestone Alert: Kaishan Group's KK01 Geothermal Power Plant in Kenya Completes All Tests – Set for Commercial Operations (COD)! Posted by: Alphaxioms Geothermal News   Date:March 6, 2026 Kenya's geothermal sector has achieved yet another significant milestone in the push for clean, reliable, and sustainable energy. On March 5, 2026, Kaishan Group Co., Ltd.(开山集团), a leading Chinese innovator in geothermal technology, proudly announced the successful completion of all independent third-party witnessed tests for their fully owned and operated KK01 (Kaishan Kenya 01) geothermal power station. Located in the prolific Menengai geothermal field in Nakuru County, this 35 MW net capacity plant has now cleared every hurdle, including a rigorous 30-day stability run that began on February 2. With all performance parameters meeting or surpassing design expectations, the independent engineer is poised to issue the final certificate and notify Kenya Power and Lighting Company (KPLC), marki...

Pertamina Geothermal Energy Withdraws from Kenya's Suswa Project: A Strategic Pivot in International Expansion By: Robert Buluma Image: Pertamina Geothermal Energy Withdraws from Kenya's Suswa Project Amid Concerns Over Returns and Majority Stake In a significant development for the global geothermal sector, PT Pertamina Geothermal Energy Tbk (PGEO ), the renewable energy arm of Indonesia's state-owned energy giant Pertamina, has officially withdrawn from its planned investment in the Suswa geothermal field in Kenya . Announced in late February 2026, this decision marks the end of a multi-year exploration of collaboration between PGEO and Kenya's Geothermal Development Company (GDC), a fully government-owned entity tasked with advancing the country's vast geothermal resources. The news first surfaced prominently in Indonesian media, including Bisnis.com, where Pertamina New & Renewable Energy (NRE ) President Director John Anis provided direct insight during an...