Idemitsu Invests in Quaise Energy : Unlocking Superhot Geothermal Power with Revolutionary Millimeter-Wave Drilling By: Robert Buluma In a significant move for the future of clean energy, Japanese energy giant Idemitsu Kosan Co., Ltd. has announced a strategic investment in Quaise Energy , a U.S.-based company pioneering next-generation geothermal technology. The investment, made through Idemitsu’s wholly owned subsidiary Idemitsu Americas Holdings Corporation (IAH) on June 25, 2026, involves the issuance of convertible preferred shares. This partnership aims to accelerate the development of ultra-deep, superhot geothermal systems capable of delivering stable, high-output renewable power—a crucial step as the world accelerates its transition away from fossil fuels. Why Geothermal Matters More Than Ever Geothermal energy stands apart from other renewables because it provides baseload power—consistent, reliable electricity generation unaffected by weather conditions, unli...
TerraLithium and BHE Renewables Achieve Key Milestones Toward Commercializing Direct Lithium Extraction
TerraLithium and BHE Renewables Achieve Key Milestones Toward Commercializing Direct Lithium Extraction June 23, 2026 By: Robert Buluma Introduction: A Turning Point for Domestic Lithium Production On June 22, 2026, TerraLithium—a wholly owned subsidiary of Occidental—and BHE Renewables announced significant advancements in their direct lithium extraction (DLE) technology portfolio, marking a pivotal moment for the domestic lithium supply chain in the United States. The companies have successfully produced lithium chloride using their DLE process at BHE Renewables' geothermal facility in Calipatria, California, followed by the manufacture of battery-grade lithium carbonate. Additionally, they achieved the direct conversion of lithium chloride into lithium hydroxide using a commercial-scale electrolyzer at TerraLithium's R&D facility in Brawley, California. These milestones represent more than just technical achievements—they signal the emergence of a responsible, domestic ...