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Endurance Energy raises $54M to harness a massive untapped energy source on the ocean floor

Endurance Energy raises $54M to harness a massive untapped energy source on the ocean floor,Subsea geothermal startup, founded by SpaceX alumni, deploys first 100kW generator this fall After you’ve worked on rockets that find their way to outer space, it can be hard to come up with a second act. For SpaceX alumni Andrew Redd, it meant looking not to the stars, but to the deepest, darkest reaches of the ocean floor. Redd, who grew up in the Pacific Northwest—a region scarred by uncharacteristic heat waves and catastrophic wildfires in recent years—knew he wanted to tackle climate change. But after a decade at SpaceX working on the Dragon capsule and Starship, incrementalism wasn't in his blood. “The experience at a very hardcore company like SpaceX made me realize that I can’t just come up with an incremental solution,” Redd told TechCrunch in an exclusive interview. “It actually has to be brand new, and it has to be approached from first principles.” That philosophy has led to Endu...
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The Heat Beneath Our Feet: How Canada’s First National Geothermal Roadmap Could Redefine Clean Energy

The Heat Beneath Our Feet: Canada Invests in First National Geothermal Energy Roadmap By: Robert Buluma   Image: The Eavor Wonder,  something amazing 👏  Calgary, Alberta – June 11, 2026 – In a move that signals a significant shift toward diversifying its clean energy portfolio, the Government of Canada has officially invested in its first national roadmap for deep geothermal energy. The announcement, made today by the Honourable Tim Hodgson, Minister of Energy and Natural Resources , marks a pivotal moment for a country better known for its oil sands and hydroelectric dams than for harnessing the heat of the Earth’s crust. With a conditional investment of $468,000 through Natural Resources Canada’s Energy Innovation Program , the government is backing the Canadian Deep Geothermal Roadmap project. Led by the Canadian Deep Geothermal Coalition and supported by the  Cascade Institute as the secretariat, this initiative aims to create a cohesive, evidence-based strate...
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IGC 8th 8th International Conference on Financing the Heat Transition

Powering the Future: Why the IGC Invest Geothermal Conference 2026 is a Must-Attend for Energy Leaders By: Robert Buluma   As the world races toward a net-zero future, one energy source is steadily moving from the sidelines to the center of the political and financial stage: Deep Geothermal Energy. While solar and wind have dominated the renewable conversation for decades, they leave a critical gap—baseload heat. Industrial processes and district heating networks cannot run on intermittent power alone. This is where geothermal steps in, offering a constant, inexhaustible, and local energy supply. However, the biggest hurdle has never been the technology itself; it has been the financing. Drilling deep into the earth is capital-intensive and carries geological risk. Bridging the gap between great geology and great returns requires a dedicated forum where capital meets engineering. That forum exists. From June 17 to 18, 2026, the IGC Invest Geothermal Conference returns to the Omnitu...
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Beneath the Andes: San Juan Maps Argentina's Geothermal Potential

Mapping the Underground: How San Juan, Argentina, Is Building a Complete Renewable Energy Atlas By : Robert Buluma   In the arid foothills of the Argentine Andes, a quiet revolution is taking place. It doesn't involve massive wind turbines spinning against the sky or vast fields of solar panels glinting in the desert sun. Instead, this revolution is happening beneath the surface, where the Earth itself holds a steady, unwavering promise of heat and power. While the world has been understandably captivated by the rapid rise of solar and wind energy, the province of San Juan—long known for its intense sunshine and favorable wind corridors—has just taken a decisive step toward completing the renewable energy trifecta. In early June 2026, the provincial government, through its energy company EPSE , signed a landmark agreement with the  National University of San Juan (UNSJ) to develop the province's first-ever geothermal map. This is not merely an academic exercise. It is a strat...
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Steaming Ahead: 25-MW Geysers Expansion Delivers Baseload Renewable Power to California Grid

Power from the Depths: How a 25-MW Expansion at The Geysers is Reshaping California’s Grid Reliability By: Robert Buluma   MIDDLETOWN, California – On the verdant, rumpled hills of Sonoma and Lake counties, where steam vents hiss from the earth like dragons breathing just below the surface, a quiet revolution in renewable energy has just reached a critical milestone. On June 8, 2026, Calpine, a business unit of Constellation , officially announced the completion of a 25-megawatt (MW) expansion project at The Geysers geothermal complex—the largest operating geothermal field in the world. At first glance, 25 MW might seem modest in an era of gigawatt-scale solar farms and massive wind arrays. But this is not a typical power plant. This is baseload, weather-proof, 24/7/365 renewable energy. The new capacity, enough to power over 25,000 homes annually, represents more than just an incremental increase in output. It is a strategic bet on reliability, a testament to the enduring value of...
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