Skip to main content

Just In

"US Geothermal Tax Credits 2026: What the IRA/45Q Changes Mean for Developers"

US Geothermal Tax Credits in 2026: What Is Actually Still Alive After OBBBA For an industry that spent more than a decade building financial models around a stable federal incentive structure, 2026 has been a year of whiplash. The 30% federal geothermal tax credit that developers and homeowners built forecasts around is gone in one form and still alive in another, and even the IRS’s own public guidance has been confusing enough to trigger uncertainty across the market. That confusion is not a minor clerical issue. It is shaping investment decisions, contractor sales pitches, homeowner timelines, and project finance assumptions right now. If you work in geothermal, the key question is no longer whether federal incentives exist, but which incentive applies, to which project type, and under what ownership structure. The law that changed the timeline To understand where things stand in 2026, you have to start with the Inflation Reduction Act of 2022, which created a long runway for clean e...

Geothermal Projects In Africa, Countries Overview

 Geothermal Projects in Africa: Country-wise Overview

By :Robert Buluma

Africa is increasingly turning to geothermal energy as a sustainable solution to meet its growing electricity demands. With abundant geothermal resources spread across the continent, several countries have embarked on ambitious projects to harness this clean and renewable energy source. Let's delve into the geothermal projects in various African countries, highlighting key players and prospects.


Algeria

Algeria is exploring its geothermal potential, particularly in the northern regions. Although in the early stages, initiatives are underway to assess feasibility and potential locations for geothermal power plants. 


Burundi

Burundi has shown interest in developing its geothermal resources, primarily in the northwest region near Lake Tanganyika. The government is actively seeking partnerships with international firms to kickstart exploration and development efforts.


Comoros

The Comoros Islands are situated in a geologically active zone, making them potentially suitable for geothermal energy production. However, projects are still in the planning stages, with feasibility studies being conducted to determine viability. Steam Srl is one of the international companies already agitating for this Comorian resource.

 Democratic Republic of Congo (DRC)

The DRC possesses significant geothermal potential, particularly in the eastern regions near the Great Rift Valley. Despite political and infrastructural challenges, the government is exploring opportunities for geothermal development with assistance from international organizations. Congo other than going down in history as the first country to ever explore Africas Geothermal prospects this wells are pots of gold rich in Uranium,Titanium,Lithium and Hydrogen same reason why there is no peace in this region however things always change and the country will eventually find time to explore its resources.

 Egypt

Egypt has embarked on geothermal exploration projects in the Sinai Peninsula and the Red Sea region. The government aims to diversify its energy mix and reduce reliance on fossil fuels, presenting opportunities for geothermal investment and development. Egypt's Geothermal wells are rich in Lithium and the country oil and gas wells could be repurposed or Geothermal could be harnessed hybridly With oil.


Eritrea

Eritrea is actively exploring its geothermal potential, primarily in the Danakil Depression region. Feasibility studies and exploration activities are ongoing, laying the groundwork for potential geothermal power generation projects in the future.


Ethiopia

Ethiopia is a frontrunner in geothermal development in Africa, with several operational projects and ambitious expansion plans. The country's Rift Valley region is rich in geothermal resources, attracting investment from both domestic and international firms. The country has one of the best mineral policies globally courtesy of competence at its geothermal realm.


 Kenya

Kenya is a global leader in geothermal energy production, with well-established projects in the Rift Valley region. Companies like KenGen and OrPower 4 are actively involved in exploration, development, and operation of geothermal power plants, contributing significantly to the country's electricity generation capacity. Today Kenya is 5MW short of reaching the 1GW geothermal mantra. It has really tried however there is still alot of prospects and projects still to be fasttracked. Kenya's Geothermal alone can power Africa, Cool Arabic countries, Heat South America, and still Europe will get its Flowers from the Geothermal greenhouses.


Madagascar

Madagascar is exploring its geothermal potential in the central highlands and eastern regions. The government has initiated feasibility studies and is seeking partnerships to accelerate geothermal development efforts.


 Malawi

Malawi has begun assessing its geothermal resources, particularly along the East African Rift System. While still in the early stages, there is growing interest in exploiting geothermal energy to bolster the country's energy security and reduce dependence on imported fuels.


Morocco 

Morocco is actively pursuing geothermal projects, primarily in the Atlas Mountains and northern regions. The government's focus on renewable energy development presents opportunities for geothermal exploration and investment in the country.


 Mozambique

Mozambique has potential geothermal resources along its Rift Valley region. While projects are in the preliminary stages, the government is exploring partnerships to advance geothermal exploration and development activities. Given that Moz is reach in Oil and Gas this country can still reap big when it comes to geothermal energy through repurposing of its oil and gas wells.


Nigeria

Nigeria is tapping into its geothermal potential, particularly in the central and northern regions. With support from organizations like the World Bank, the government is advancing geothermal exploration and development initiatives to diversify the country's energy mix given that it has a higher reliance on fossils but still you ever heard of oil and gas wells being tapped for geothermal. You should by now.

 Rwanda

Rwanda is actively exploring geothermal resources in the Western Rift Valley region. The government has prioritized renewable energy development, creating an enabling environment for geothermal investment and project development. Rwanda just like Ethiopia it has one of the best Energy policies in this region. More than once the country has been trying to go Nuclear but its clear Geothermal will be the Rwandanian Energy prince.


South Africa

South Africa has geothermal potential in its Eastern Cape and Western Cape provinces. While still in the early stages, exploration activities are underway to assess feasibility and identify suitable locations for geothermal power generation.


South Sudan

South Sudan possesses geothermal potential in the East African Rift System. Despite challenges related to political instability and infrastructure, there is growing interest in harnessing geothermal energy to support economic development and energy access initiatives. Given that this country is rich in oil and gas with minerals taking a centre stage its a no brainer that Geothermal is the vital ingredient.


 Tanzania

Tanzania has significant geothermal resources in the East African Rift System, particularly in the Rift Valley region. The government has partnered with international organizations and private firms to accelerate geothermal exploration and development efforts.


 Uganda

Uganda is exploring geothermal resources in the Western Rift Valley region. With support from organizations like the African Development Bank, the government is advancing geothermal projects to enhance energy security and promote sustainable development. Goes without saying that Uganda has its own oil reserves so what happens when this oil gets depleated? Geothermal ofcourse. We dont even have to wait we can tap this two resources in one take.

 Zambia

Zambia has geothermal potential along its portion of the East African Rift System. While still in the early stages, the government is exploring opportunities for geothermal development to diversify the country's energy sources and meet growing electricity demand.

You'd like to have a grasp of geothermal projects in Poland , you can read this article Status of Geothermal in Poland

Tunisia

This country has been exporting Tomatoes from its Geothermal greenhouses and reaping big. Its geothermal potential is yet to be explored but having visited the area,its temperatures are promising. 


Other Countries

Some of the other countries with Geothermal manifestations in Africa whose People are still oblivious of this pot of gold are scattered within the continent.

Africa holds immense geothermal potential, and countries across the continent are increasingly recognizing the importance of harnessing this clean and renewable energy source. While challenges persist, ongoing exploration and development efforts, coupled with favorable government policies and international partnerships, are driving the expansion of geothermal projects in Africa, paving the way for a sustainable energy future.

Related: The $500 Billion Geothermal Revolution that no one saw coming.

Our Business Intelligence team comprises of Geothermal champions drawn all over the world with the main intent of guiding investors to the best Geothermal prospects one has ever come across.

Source: Alphaxioms

Connect with us: LinkeidIn ,X

Comments

Popular posts from this blog

Alphaxioms Interviews Rystad Energy: Geothermal's Inflection Point, Policy, and Drilling Breakthroughs

Geothermal at an Inflection Point: Why Policy, Conventional Resources, and Drilling Breakthroughs Will Define the Next Decade This interview was conducted by Robert Buluma on behalf of Alphaxioms,  responses delivered by  Alexandra Gerken Product manager, Geothermal solution at Rystad Energy   Introduction: The Strategic Crossroads for Geothermal Geothermal energy is entering a decisive phase. After decades of steady but regionally concentrated development, the sector now faces a confluence of technological innovation, policy ambition, and market demand that could either unlock global scale or confine geothermal to niche applications. Alexandra Gerken, Product Manager for Geothermal Solutions at  Rystad Energy , offers a clear-eyed assessment of where the industry stands, which technologies will drive near-term growth, and what must happen for geothermal to become a globally significant source of firm, low-carbon power. Her analysis emphasizes three pillars: the imme...

Green Therma Selects H&P to Drill Denmark’s Longest Geothermal Well

Green Therma Selects H&P to Drill Denmark’s Longest Geothermal Well for Aalborg Heat4Ever Demonstration Denmark is moving from geothermal ambition to execution. Green Therma has selected Helmerich & Payne to drill the Heat4Ever demonstration well near Aalborg, a project that could become one of the country’s most technically ambitious geothermal developments and a meaningful test of closed-loop district heating.   A milestone for Danish geothermal The Aalborg Heat4Ever project matters because it is designed to prove that geothermal heat can be delivered without relying on a natural hot-water reservoir. Instead of producing groundwater from a conventional geothermal field, the system uses a closed-loop pipe-in-pipe design that circulates the same fluid downhole, heats it in contact with hot rock, and returns it to the surface for district heating use.  That distinction is important for Denmark, where district heating is already a major part of the energy system ...

Serbia Advances Mišeluk Geothermal District Heating Project in Novi Sad

Serbia Advances Geothermal Drilling for the Mišeluk District Heating Plant in Novi Sad Serbia is moving forward with plans to develop a geothermal district heating system in Mišeluk, a rapidly urbanizing area of Novi Sad. The project is intended to place geothermal energy at the centre of a new low-carbon heating network, supported by solar power and natural gas backup. Exploratory drilling and construction of the heat distribution network are being carried out by JKP Novosadska toplana, Novi Sad’s public district heating utility. The initiative is supported through the United Nations Development Programme’s “Geothermal Energy in Serbia” programme, with financial backing from Slovakia.  The Mišeluk project is important not only because it could provide a new renewable heat source for Novi Sad, but also because it demonstrates how geothermal energy can be integrated into urban development from the earliest planning stages. Rather than retrofitting a geothermal system into an establi...

North America Geothermal Energy Investment Opportunities, Companies, Resources, and Market Outlook

Investment Opportunities in North American Geothermal Energy North America is entering a new investment cycle in geothermal energy. The United States offers the region’s deepest commercial market and the largest advanced-geothermal pipeline; Mexico provides proven high-temperature volcanic resources and an established utility-scale industry; while Canada presents an earlier-stage opportunity centered on sedimentary-basin geothermal, direct-use heating, closed-loop systems, and oil-and-gas technology transfer. The investment case now extends well beyond conventional geothermal power plants. It includes enhanced geothermal systems, advanced closed-loop systems, geothermal heat pumps, district heating, industrial heat, geothermal storage, lithium extraction from geothermal brines, data-center power, and hybrid renewable-energy projects. In the United States, utilities had already procured or agreed to procure 1,007 MW of next-generation geothermal capacity through 12 power-purchase agreem...

New Mexico Tribal Geothermal Development: Energy Sovereignty, Jobs, Investment

New Mexico’s Tribal Lands Poised for Geothermal Development: Opportunity, Challenges, and Pathways to Energy Sovereignty Image:  Located in Lordsburg, Lightning Dock is the only utility scale geothermal power plant in New Mexico. (BLM New Mexico via Flickr) Why geothermal matters for New Mexico tribes, nations, and pueblos Geothermal energy uses heat from the earth to produce electricity or heat buildings directly. For New Mexico — a state with abundant subsurface heat resources — geothermal offers a reliable, low‑emission complement to wind and solar. Unlike intermittent renewables, geothermal provides baseload power capable of supporting grid stability and reducing reliance on fossil fuels. For tribal communities, geothermal has particular appeal: it aligns with many Indigenous values around stewardship, can be developed with relatively low water demand compared with some thermal technologies, and offers long‑term revenue, jobs, and enhanced local control over energy resources. E...

Innargi Geothermal drives Europe's renewable district heating decarbonisation from Aarhus to Poland

Innargi Geothermal, Decarbonising Europe's Heat, One City at a Time In an era defined by the urgent need to decarbonise Europe’s energy systems, one critical sector often remains overlooked, heating. Accounting for a substantial portion of the continent’s energy consumption, the heating sector has long been dominated by fossil fuels and biomass. Enter Innargi Geothermal, a Danish company on a mission to change that, one community at a time. Founded in 2017 by A.P. Møller Holding , Innargi has rapidly evolved from a single-project venture in Aarhus into an international geothermal energy company with a growing portfolio across Northern and Eastern Europe. By applying decades of subsurface expertise from the oil and gas industry to the untapped potential of geothermal energy, Innargi is industrialising geothermal district heating at a scale never before seen in the European Union. This article takes a deep dive into Innargi’s operations, exploring its revolutionary business model a...

NYC Subway Thermal Energy Network Pilot: Geothermal Heat Capture, Radiant Cooling, Seasonal Storage

New York’s Subway Heat Turned into Winter Warmth: The City’s First Transit Thermal Energy Network Pilot Turning platform heat into usable energy — what the Chambers Street and Brooklyn Bridge–City Hall pilot means for urban energy systems New York City has launched a study to design and test a Thermal Energy Network (TEN) that would capture excess heat from two of Lower Manhattan’s hottest subway stations and reuse it to heat nearby municipal buildings. The proposed pilot, centered on the Brooklyn Bridge–City Hall 4/5/6 complex and the Chambers Street J/Z station, is notable for being the first time TENs are being considered inside a U.S. transit system. The plan pairs radiant cooling on platforms with geothermal borehole storage under an abandoned center platform at Chambers Street, converting otherwise wasted heat into a supply that can be stored seasonally and delivered to surrounding municipal facilities during colder months. This initiative sits at the intersection of urban heat r...

Nowy Dwór Mazowiecki GT-1 Thermal Water Exploration Well: Project Overview, Funding, and Investment Potential

Nowy Dwór Mazowiecki GT,1 Thermal Water Exploration Well: Project Overview, Funding, and Investment Potential Project background and objectives The town of Nowy Dwór Mazowiecki signed grant agreement No. 52/2025/Wn07/FG,hg,dg on 20 February 2025 with the National Fund for Environmental Protection and Water Management (NFOŚiGW) under the “Making Poland’s Thermal Waters Accessible” priority program. The grant fully funds the execution of a single exploration and appraisal borehole, Nowy Dwór Mazowiecki GT,1, aimed at locating and characterizing geothermal waters for heating, recreational and balneotherapy uses. The direct objective is to perform geological works to identify and appraise thermal water resources and to make them available for municipal and commercial uses. The drilling target is one borehole to a design depth of 2,070 m (±10%). The project’s declared operational target is to assess thermal water yield and temperature to determine suitability for district heating, spa, recr...

€200 Million Dutch Geothermal Financing Accelerates Sustainable Greenhouse Heat Growth

€200 Million Financing Accelerates Dutch Geothermal Energy Cluster in Centraal Oostland A new financing framework of up to €200 million is set to accelerate the development of a major geothermal energy cluster in Centraal Oostland, a greenhouse horticulture region in South Holland, the Netherlands. The facility, arranged by ING and Rabobank for renewable heat infrastructure platform 85 Degrees Renewable, will support the next phase of geothermal development in the region. The funding is expected to finance new geothermal wells, expand heat distribution infrastructure and strengthen the long-term growth of an integrated renewable heat platform serving greenhouse growers. The transaction is significant not only because of its size, but also because it demonstrates the growing ability of geothermal heat projects to attract institutional and bank financing. It highlights a shift from treating geothermal energy as a collection of individual drilling projects toward developing integrated hea...

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland

Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland Dynelectro’s role in the Syntholene Iceland project highlights a major shift in how the market should think about SOEC technology. For years, solid oxide electrolysis cells have been seen as highly efficient but too difficult to commercialize because of stack degradation, short operating life, and the complexity of integrating them into real industrial systems. This project helps challenge that view by showing how geothermal integration, advanced power electronics, and system-level design can make SOEC a credible industrial solution.   The most important takeaway is simple: the market has often misunderstood SOEC as a technology limited by chemistry alone, when in fact a large part of the challenge is operational. Dynelectro’s approach shows that if the stack is controlled properly and supported by the right electrical architecture, SOEC can move much closer to commercial viability. The Syntholene Iceland ...