Skip to main content

STADTWERKE NEURUPPIN GMBH RECEIVES OVER €10 MILLION IN FUNDING FOR GEOTHERMAL PROJECT

The geothermal project of Stadtwerke Neuruppin is expected to receive about 40% of its funding from the German Federal Government. This will help Neuruppin become largely independent of fossil fuels. The project will involve drilling to a depth of 1,700-1,800 meters, but this requires approval from the mining authority and the construction permit from the district.

Image: Artur Dzasokhov, Thoralf Uebach, Wiebke Papenbrock, Nico Ruhle, and Jan Juraschek (from left to right) during the handover. Source: Fontanestadt NeuruppinArtur Dzasokhov, Thoralf Uebach, Wiebke Papenbrock, Nico Ruhle, and Jan Juraschek (from left to right) during the handover. Source: Fontanestadt Neuruppin

At the New Year's reception of the Fontane city six weeks ago, Thoralf Uebach, managing director of Stadtwerke Neuruppin GmbH (SWN), reported on the ambitious geothermal project for which funding had already been requested. Now, the first step has been taken: in the presence of Mayor Nico Ruhle and Building Commissioner Jan Juraschek, the management of SWN received a grant of over €10 million from the Federal Office for Economic Affairs and Export Control. This amount represents about 40% of the total budget of €25.5 million for the geothermal project, and comes from the federal funding program "Efficient Heating Networks."

Thoralf Uebach said, "This means that we can largely become independent of fossil fuels." He also noted that SWN is one of the first companies to receive funding for such a project. According to Artur Dzasokhov, technical director of SWN, the idea of geothermal energy is not new, as the company has been working on this since 1987/88. However, previous projects of this kind were not economically viable due to the gas price. Since the events in Ukraine a year ago, many have started to think differently.

The company is confident that the project will be successful, as it knows what to expect underground. However, the company still needs to obtain approval from the mining authority and construction permit from the district. It will also need to demolish a building, affectionately called the "baracke", at the SWN site so that drilling can take place. During the drilling process, sound barriers and a drilling tower will be installed, and drilling is expected to take about six months.

Mayor Nico Ruhle believes that this project is an important step for the energy supply of the Fontane city and notes that despite the high cost, it will ultimately provide price stability for SWN customers. Wiebke Papenbrock, a member of the German parliament who supported the funding of the project, believes that it will be a flagship project that will have an impact beyond Neuruppin. Building Commissioner Jan Juraschek thinks that the project is an important step towards a more sustainable urban development. The heating supply is expected to begin in 2027.

Source:(Bundersverband Geothermie)

"Upgrade Your Skills with the Future of Energy: Enroll Now in Our Online Short Course on Next-Generation Nuclear Technology and Renewable Energy Technology""Upgrade Your Skills with the Future of Energy: 

"Upgrade Your Skills with the Future of Energy: 

Enroll Now in Our Online Short Course on Next-Generation Nuclear Technology 

 & Renewable Energy Technology"

March Intake ongoing Register here
Email:info@alphaxioms.com
Tel: +254798197599
website: Alphaxioms.com
Twitter:  Alphaxioms
LinkedIn: alphaxioms



Comments

Hot Topics 🔥

The 2025 U.S. Geothermal Market Report published by the National Laboratory of the Rockies & Geothermal Rising

The 2025 U.S. Geothermal Market Report published by the National Laboratory of the Rockies (NLR, formerly NREL) in collaboration with Geothermal Rising and supported by the U.S. Department of Energy's Geothermal Technologies Office (GTO), provides a comprehensive update on the geothermal sector since the 2021 report.  By:  Robert Buluma Released in 2025 (with data through mid-2025), it expands coverage to include geothermal heat pumps (GHPs) for single-building and district applications, alongside power generation and direct use. The report highlights steady growth in installed capacity, accelerating investment in next-generation technologies like enhanced geothermal systems (EGS) and closed-loop geothermal (CLG), cost declines, policy support, and emerging opportunities driven by demand for reliable, 24/7 clean energy. Geothermal Power Generation: Steady Growth and Momentum U.S. geothermal power has seen consistent expansion, with nameplate installed capacity reaching 3,96...

Geothermal Power Play: Well Engineering Partners Takes Over Operations as Sproule ERCE Sharpens Advisory Focus

The geothermal energy sector is heating up literally and figuratively and a recent strategic move is set to accelerate progress in sustainable energy production. By: Robert Buluma Effective January 1, 2026, Well Engineering Partners (WEP) acquired the operational and production-focused geothermal activities from Sproule ERC (formerly associated with Veegeo). This acquisition marks a smart realignment of strengths in the booming geothermal market, where clean, reliable baseload energy is increasingly vital for the global energy transition. Imagine harnessing the Earth's natural heat to power homes, industries, and cities without the intermittency of solar or wind. Geothermal energy does exactly that, providing constant output from deep underground reservoirs. But turning that potential into reality requires specialized expertise from initial resource assessment to long-term well maintenance. That's where this deal shines: it allows each company to double down on what they do b...

Inside the Geothermal Startup Mind: The Strategy, Funding & Sacrifices Behind Teverra’s Growth

Inside a Geothermal Startup’s Mind: Strategy, Funding, Ethics, and the Brutal Race to Commercialize This interview was done by Robert Buluma on behalf of Alphaxioms  Image:  The Interviewee, Dr.  Hamed Soroush is the Founder and President at Teverra  There’s a certain kind of silence that exists inside fast-growing startups. Not the quiet of peace, but the quiet of pressure . It’s the silence of teams racing to commercialize before competitors arrive. The silence of founders balancing mission and survival. The silence of a clean energy industry that desperately needs success stories… but is still learning how to measure them. In this one-on-one interview, we explore what it really takes to build a geothermal-driven clean energy company in today’s market, from strategic decisions and funding discipline to leadership, ethics, and the painful sacrifices behind growth. 1)  Vision & Strategy: “Speed Is Everything” Q:   Teverra  has grown rapidly, but co...

Switch's Bold Move: 13MW Geothermal PPA with Ormat in Nevada – Game-Changer

Switch's Bold Move: Signing a 13MW Geothermal PPA with Ormat Technologies in Nevada – A Game-Changer for Sustainable Data Centers Image: Ormat Power Plant Posted by Alphaxioms Geothermal News on January 12, 2026 Welcome back to Alphaxioms Geothermal News, your go-to source for all things geothermal energy, innovation, and sustainability. As we kick off 2026, the intersection of renewable energy and high-tech industries is heating up—literally. Today, we're diving deep into a groundbreaking announcement that's set to reshape how data centers power their operations. Global data center operator Switch has inked a 20-year Power Purchase Agreement (PPA) with Ormat Technologies for 13MW of geothermal power from the Salt Wells geothermal power plant in Nevada. This isn't just another deal; it's a pivotal step toward carbon-free, reliable energy for the AI-driven future. In this comprehensive blog post, we'll unpack the details of this agreement, explore the technolog...

Rodatherm Energy: Pioneering Closed Loop Geothermal in Utah

Revolutionizing Geothermal Energy: Rodatherm's Game-Changing Approach in Utah Posted by Alphaxioms Geothermal News on January 17, 2026 Utah-based Rodatherm Energy Corporation has revolutionized the geothermal energy equation, and venture capitalists have taken note. With pilot projects planned for Millard County and Beaver County, the company has what founder and CEO Curtis Cook calls “a novel approach” to geothermal technology. In a world racing toward sustainable energy solutions, geothermal power has long been a reliable but underutilized player. Traditional geothermal systems rely on water to extract heat from the Earth's depths, often limiting their deployment to remote, sparsely populated areas due to environmental concerns and high costs. But Rodatherm is flipping the script with its innovative, waterless closed-loop system that promises efficiency, scalability, and minimal environmental impact. At the heart of Rodatherm's technology is what Cook describes as ...

Green Therma and GFZ Potsdam Launch Breakthrough Geothermal Demonstration

Turning Deep Earth Heat Into a Scalable Climate Solution: Green Therma and GFZ Potsdam Launch Breakthrough Geothermal Demonstration By: Robert Buluma Published on January 17, 2026 In the quest for reliable, carbon-neutral energy, geothermal heat stands out as one of the most promising yet underutilized resources. Unlike solar or wind, which depend on weather, geothermal energy draws from the Earth's constant internal heat — a source that's available 24/7, year-round. However, traditional geothermal systems often face high costs, geological risks, and significant heat loss when extracting energy from great depths. Enter Green Therma, a Danish innovator, and the Helmholtz Centre Potsdam GFZ (Germany's leading earth sciences research center). In early 2026, they're launching a groundbreaking demonstration at the renowned geothermal research site in Groß Schönebeck, north of Berlin. This project marks the world's first real-world installation of Green Therma's pate...

FINANCING STRATEGIES FOR GEOTHERMAL PROJECTS LEVERAGING TAX CREDIT INCENTIVES

FINANCING STRATEGIES FOR GEOTHERMAL PROJECTS LEVERAGING TAX CREDIT INCENTIVES Aligning Policy, Risk Mitigation, and Investor Capital to Unlock Geothermal Growth Geothermal energy stands at a unique crossroads in the global energy transition. It is one of the few renewable resources capable of delivering continuous, baseload power and heat, independent of weather conditions. Unlike solar and wind, geothermal offers grid stability, industrial heat, and long-term energy security. Yet despite its immense potential, geothermal deployment has historically lagged behind other renewables due to high upfront capital costs, geological uncertainty, and complex financing requirements. In recent years, governments and financial institutions have increasingly turned to **tax credit incentives as a strategic lever to overcome these barriers. By reducing capital expenditure, improving cash flow profiles, and attracting institutional investors, tax credits are reshaping how geothermal projects are fina...

Vallourec-XGS Alliance Unlocks 3-GW Geothermal Buildout in Western US

Vallourec + XGS Energy : The Tubular Alliance That Could Turn Next-Gen Geothermal Into a 3-GW Reality Across the Western U.S. By: Robert Buluma Image:Vallourec-XGS Alliance Unlocks 3-GW Geothermal Buildout in Western US There are moments in the energy transition when a “press release” quietly reveals something far bigger than a partnership. It reveals a  supply chain war being won before the market even realizes the battle has begun. On January 28, 2026, Vallourec one of the world’s most dominant names in premium tubular solutions—announced a strategic supply chain partnership with XGS Energy, the next-generation geothermal developer building what may become one of the most aggressive geothermal project pipelines in North America: a 3-gigawatt commercial pipeline across the western United States. And this isn’t a distant dream. This is happening now—because XGS is preparing to begin construction this year on its headline project: a 150 MW geothermal facility in New Mexico backed ...

Zanskar Secures $115 Million to Redefine Geothermal Discovery with AI

Zanskar Secures $115 Million to Redefine Geothermal Discovery with AI By: Robert Buluma Image: Zanskar Secures $115 Million to Redefine Geothermal Discovery with AI The geothermal sector just crossed another psychological milestone. Zanskar , a U.S.-based geothermal developer blending hard geoscience with artificial intelligence, has raised $115 million in Series C financing, marking one of the most significant capital injections yet into AI-driven geothermal exploration. The raise propels the company into a new phase,moving decisively from discovery to grid-scale power generation across the Western United States. This latest round pushes Zanskar’s total equity funding to $180 million, a clear signal that investors now see geothermal not as a niche renewable, but as critical baseload infrastructure for the decades ahead. Big Capital Bets on AI-Native Geothermal The funding round was led by Spring Lane Capital , with continued backing from Obvious Ventures, Union Square Ventures , and...

Dongying's 162°C Geothermal Breakthrough and the Path to Monetization

Unearthing the Future: Dongying's 162°C Geothermal Breakthrough and the Path to Monetization By: Robert Buluma In the heart of Shandong Province's Dongying Port Economic Development Zone, a remarkable spectacle unfolded on January 9, 2026. From the depths of the earth, at a staggering 4002.17 meters below the surface, hot water surged forth from the "Dong Gao Re 1" well, reaching an outlet temperature of 138°C and a bottom-hole temperature of 162°C. This wasn't just a gush of steam and water; it was a beacon of hope for China's energy transition. Enveloped in a misty plume that caught the winter sun's rays, creating subtle rainbows, this event marked a pivotal moment in the nation's pursuit of sustainable energy under the "dual carbon" goals—aiming for carbon peak by 2030 and neutrality by 2060. The announcement came during a press conference on the "Deep High-Temperature Geothermal Resources Exploration in the Yellow River Basin of Shan...