Alphaxioms Geothermal News and Related Research Globally

A new geothermal energy project is starting in Switzerland with a geophysical measurement campaign in Gruyère. Geophysical measurement campaign During the entire month of November, special vehicles will travel the streets of the Gruyère district to map the subsurface and assess the presence of geothermal water.  If the potential is confirmed, Géothermie Préalpes SA can consider exploiting this local, renewable, clean and safe energy source. This geophysical campaign follows a preliminary study indicating interesting hydrothermal potential in Gruyère.  The geophysical measurements enable the acquisition of data to better understand the subsurface of the region.  Special vehicles will send waves into the ground;  these are reflected by the various geological layers and picked up by measuring devices called geophones.  The analysis of this information will make it possible to create a cartography of the subsurface. Measurements in 18 municipalities Data collection ...

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 o...

 Kenya Electricity Generating Company PLC (KenGen), has reported a significant 48% growth in profit after tax for the year ended June 30, 2023, surging to Ksh.5.02 billion up from Ksh.3.4 billion in the previous year. At the same time, the NSE-listed company has reported a steady 14% growth in revenues from Ksh.47.48 billion in 2022 to Ksh.53.96 billion, largely driven by the company’s investments in geothermal energy. “In a landscape filled with both opportunities and challenges, the KenGen team has demonstrated remarkable resilience. We are proud to announce a remarkable Ksh.5.02 billion representing a 48% growth in our profit after tax,” said the Managing Director and CEO, Eng. Peter Njenga, adding “This achievement reflects the hard work and dedication of our team and our commitment to providing clean, reliable energy to Kenyans,” Speaking in Mombasa, Eng. Njenga attributed the impressive performance to the enhanced operational efficiency of the company’s geothermal fleet in Ol...

Eavor's $182 Million Capital Raise Propels It to the Forefront of Scalable Geothermal Energy The Green Energy Innovator's Unprecedented Investment Attracts Worldwide Attention Introduction In an era where the world is fervently seeking sustainable energy solutions to combat climate change, Eavor Technologies Inc. has made waves in the energy sector with an astonishing capital raise of $182 million. This momentous achievement not only marks a significant milestone for the Canadian clean energy company but also positions Eavor as a global leader in scalable geothermal energy production. In this article, we explore how Eavor's groundbreaking approach to geothermal energy has captured the imagination of investors and environmentalists alike. Unveiling Eavor's Remarkable Success Eavor Technologies Inc., headquartered in Calgary, Alberta, has been pioneering innovative solutions in the realm of renewable energy for years. The recent capital raise of $182 million has catapulte...

"Energizing the Philippines: Geothermal Expertise Sparks New Wells" Introduction: In an exciting development for the Philippines' energy sector, the Energy Development Company (EDC) has embarked on a mission to drill more geothermal wells in the archipelago. The Philippines, a nation with a growing appetite for clean and sustainable energy, is poised to benefit greatly from this partnership. In this blog post, we will explore the significance of this endeavor and its potential to revolutionize the energy landscape in the Philippines. Geothermal Energy: A Clean and Abundant Resource Geothermal energy is a renewable and environmentally friendly source of power. It harnesses the heat stored beneath the Earth's surface to generate electricity, producing little to no greenhouse gas emissions. The Philippines is no stranger to this resource, as it lies within the Pacific Ring of Fire, a region with abundant geothermal potential. EDC's Vision for the Philippines The Ener...

 Unleashing the Power of Geology While Drilling: A Digital Revolution in Sustainable Energy" In the dynamic landscape of the energy industry, a game-changing transformation is underway, and it's all about going deeper, both literally and metaphorically. Recent technological breakthroughs are paving the way for a seismic shift in the way we approach subsurface geological evaluation, bridging the gap between well-centric data and reservoir-scale insights. It's a shift that's capturing the attention of the entire energy sector, particularly as we seek to accelerate our journey towards sustainable energy initiatives. At the heart of this transformative wave are cutting-edge innovations in logging-while-drilling (LWD) borehole imaging and advanced surface logging. These innovations are not just incremental improvements; they're the driving force behind a digital revolution that promises to deliver real-time, smart, and efficient solutions for making critical decisions a...