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Global Geothermal Power Market Review 2026.

Global Geothermal Power: Policies, Funding, Wells, Strengths, Opportunities and Barriers Geothermal is moving into a broader investment cycle. In 2026, the story is no longer limited to volcanic power plants in a few classic markets; it now includes enhanced geothermal systems, closed-loop designs, district heating, superhot rock, lithium from brines and industrial heat. Across the United States, Canada, Germany, the United Kingdom, Australia, New Zealand, Japan, Iceland, France and Italy, the sector is being shaped by a simple question: who is de-risking the first wells, and who is ready to finance the next ones?  United States: the next-generation testbed The United States has the broadest geothermal innovation ecosystem in this group, with a mature conventional base in the West and a fast-growing next-generation pipeline. The main policy signal in 2026 is the Department of Energy’s US$171.5 million funding opportunity for next-generation geothermal field-scale tests, exploration...

Kalahari Geothermal Project Progress

Kalahari Geothermal Project in Bweengwa Nears Power Plant Level



In a significant development for the renewable energy sector in Zambia, the Kalahari Geothermal Project in Bweengwa is rapidly advancing toward the establishment of a full-fledged power plant. Managing Director Moses Banda, a key figure in this ambitious project, recently shared exciting updates on the progress made.


Situated in the picturesque region of Bweengwa, the Kalahari Geothermal Project has been a beacon of hope for sustainable energy production in Zambia. As the country strives to diversify its energy mix and reduce its dependence on traditional fossil fuels, geothermal energy has emerged as a promising solution. Banda's revelation that the project is nearing the power plant phase is a testament to the determination and dedication of the team behind it.


Geothermal energy harnesses the Earth's natural heat from beneath the surface, and the Kalahari Project aims to tap into this clean and renewable source of power. This sustainable approach to energy production not only reduces greenhouse gas emissions but also provides a reliable source of electricity that can support Zambia's growing energy needs.


Managing Director Moses Banda emphasized that reaching the power plant level is a significant milestone for the project. It signifies that the exploratory drilling, geological assessments, and technical infrastructure have all aligned to pave the way for power generation. The geothermal reservoirs in Bweengwa hold the potential to produce a substantial amount of electricity, which is crucial for meeting Zambia's energy demands and reducing the strain on the national grid.


As the project nears the power plant stage, it's worth noting the potential benefits it will bring to the region. Sustainable energy generation will not only reduce the carbon footprint but also create job opportunities for local communities. Additionally, a consistent and affordable source of electricity will catalyze economic growth, attracting investment and spurring development in Bweengwa and surrounding areas.


The Kalahari Geothermal Project in Bweengwa has not been without its challenges. The endeavor requires substantial investment and technical expertise, and it has faced its share of setbacks. However, the unwavering commitment of the project's team, led by Managing Director Moses Banda, has been a driving force in overcoming these obstacles.


The progress made by the Kalahari Geothermal Project reflects Zambia's dedication to transitioning toward sustainable and eco-friendly energy solutions. The move toward a geothermal power plant underscores the nation's commitment to providing its citizens with clean, reliable, and affordable electricity, while also contributing to global efforts to combat climate change.


With the power plant phase on the horizon, the Kalahari Geothermal Project in Bweengwa is a shining example of how innovation and determination can lead to a greener and more sustainable future for Zambia. The successful realization of this venture will mark a significant turning point in the nation's energy landscape, offering hope for a brighter, cleaner, and more sustainable tomorrow.

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