Skip to main content

Terrascale and Terrapin Join Forces in Geothermal Development

 **Title: Climate Transition Development: Driving Geothermal Innovation and Sustainability**


In a significant move towards advancing geothermal capabilities and promoting sustainable energy solutions, Terrapin Geothermics and TerraScale have joined forces to establish Climate Transition Development Corporation. This merger marks a pivotal moment in the renewable energy sector, with a primary focus on accelerating geothermal projects in key regions such as Canada, Japan, and Switzerland.



Terrapin Geothermics, renowned for its expertise in generating clean electricity and heat from industrial waste heat and deep geothermal resources, joins hands with TerraScale, an award-winning green infrastructure development and advisory firm based in California. Together, they form Climate Transition Development, a US-based entity committed to driving global change through sustainable infrastructure and renewable energy initiatives.


Under the terms of the agreement, Climate Transition Development will be jointly owned and managed by the blended management teams of Terrapin and TerraScale. This strategic collaboration aims to leverage the technical prowess of Terrapin in geothermal development alongside TerraScale's expertise in infrastructure development and project financing. The synergy between the two companies is expected to fuel innovation and accelerate the transition towards a more sustainable and energy-efficient future.


One of the key projects on the agenda for Climate Transition Development is the development of Terrapin's Alberta No. 1 Geothermal Power Plant near Grande Prairie, Alberta. This ambitious project, with an estimated value of CAD ~$106 million, is supported by a CAD $25.42 million grant from the Emerging Renewables Power Program – NRCan (Natural Resources Canada). With approximately $6 million already monetized, the project is poised to make significant strides towards clean energy generation.


Marc Colombina, Vice President of Operations & Director at Terrapin, expressed enthusiasm about the merger, stating, "By harnessing Terrapin's technical prowess in geothermal development alongside TerraScale's expertise in infrastructure development and project financing, we forge a powerful combination. This synergy will support the development of our international sustainable project pipeline."


Danny Hayes, CEO of TerraScale, echoed Colombina's sentiments, emphasizing the potential for innovative financing and development models to foster market growth and expand geothermal capacity. "Our collaboration with Terrapin will usher in innovative financing and development models, fostering swift market growth and expanding geothermal capacity," said Hayes. "Together with Terrapin's highly experienced management team, we believe Climate Transition Development is uniquely positioned to lead the global transition towards a more sustainable and energy-efficient future."


With a strong commitment to sustainability and a wealth of expertise in geothermal development, Climate Transition Development is poised to make significant contributions to the renewable energy landscape. Through strategic partnerships, innovative technologies, and a dedication to driving global change, Climate Transition Development aims to pave the way for a greener, more sustainable future.


Source: Researched and Written by Robert Buluma, alphaxioms@gmail.com

Comments

Hot Topics

🔥 Geothermal Gold Beneath the Lion City: Singapore Uncovers Surprising Heat Power in Sembawang

When you think of Singapore, what comes to mind? Skyscrapers. Tech. Food. Green innovation. But now, add one more surprising trait to the list: geothermal powerhouse . By:  Robert Buluma That’s right beneath the city-state’s highly urbanized northern district lies a blazing opportunity that could redefine Singapore’s energy story. In a recent announcement that’s set the clean energy world abuzz, scientists from NTU Singapore and TUMCREATE revealed astonishing findings from a joint geothermal drilling project. At just 1.76 km underground in Sembawang , temperatures have soared to a jaw-dropping 122°C —a record-breaker for the region, and far higher than the 70°C earlier recorded at a shallower depth in Admiralty. This isn't just hot news. It’s a revolutionary discovery that could reshape how one of the world's most densely populated nations powers its future. 🌋 A Hidden Furnace Below the Urban Jungle This project—backed by Singapore’s National Research Foundation (NRF) and th...

"Steam, Scandals, and Stalled Megawatts: KenGen’s Court Battle Over Olkaria VII Consultancy"

Power, Politics, and Procurement: Inside KenGen’s Legal Battle Over Olkaria VII Geothermal Consultancy By  Robert Buluma In a dramatic twist that’s shaken Kenya’s energy sector, the Kenya Electricity Generating Company (KenGen) is locked in a legal showdown over the consultancy tender for its highly anticipated Olkaria VII geothermal power plant. The project, aimed at injecting 80 megawatts of clean energy into the national grid, now faces turbulence—not from the underground steam chambers of Hell’s Gate, but from boardrooms and courtrooms. 🔍 What’s the Fuss About? At the heart of this high-stakes battle is a €18.16 million consultancy tender awarded to Italy’s ELC Electroconsult SPA . The catch? Their bid was over Sh200 million higher than that of the next technically qualified firm. The Public Procurement Administrative Review Board (PPARB), Kenya’s watchdog for public tenders, wasn’t impressed. In a June 2025 ruling, PPARB annulled the award, citing procedural irregularities, ...

Teverra Powers Up Rico: A $200K Boost to Colorado’s Geothermal Future

By Robert Buluma | Alphaxioms Blog | July 8, 2025 From Fossil Fuels to the Earth’s Furnace—Rico is Rising Nestled in the mountainous beauty of southwest Colorado, the historic town of Rico is about to become a shining example of how geothermal innovation can power a resilient, carbon-free future. Thanks to a $200,000 grant from the Colorado Energy Office, awarded under the state’s groundbreaking Geothermal Energy Grant Program, Teverra is setting the stage for a transformative shift in how rural communities heat their homes. 🔥 A Groundbreaking Project with Groundbreaking Heat Teverra, headquartered in Atlanta, is no stranger to subsurface energy innovation. But the Rico Heat Network Project might just be one of its most impactful endeavors yet. The company plans to deploy cutting-edge subsurface analysis, thermal modeling, and engineering expertise to develop a direct-use geothermal system that will sustainably heat and cool buildings across the town. This isn’t just a pilot—it’s a pr...

🌋 A Geothermal Dawn for Texas: Presidio’s 110-Megawatt Leap into the Future

Presidio, Texas – A quiet border town has just made a thunderous statement on the global stage of renewable energy. On May 22, the Presidio Municipal Development District (PMDD) and Exceed Geo Energy signed a groundbreaking  By:  Robert Buluma 110-megawatt geothermal power purchase agreement term sheet —a monumental move set to redefine the economic destiny of Presidio County. The deal was inked during the inaugural “Presidio Vision 2035” student competition, and it is already being hailed as the most consequential economic development initiative in the region’s modern history. With electricity output far exceeding current local demand, the project is poised to energize not just homes—but industries, data centers, manufacturing hubs, and high-value agricultural processing plants. “We’re not just powering lights—we’re powering futures,” said John T. Kennedy , PMDD Executive Director. “This geothermal commitment lays the foundation for transformative growth that will chan...

Halliburton and GeoFrame Energy Join Forces to Power America’s Green Lithium Future

June 1, 2025, Houston – In a groundbreaking leap toward energy sustainability, two industry giants  Halliburton and GeoFrame Energy  have officially teamed up to unlock the untapped potential of green lithium extraction from geothermal brine in East Texas' Smackover Formation . This is not just another contract. It is a technological pivot and a symbol of energy transformation , blending geothermal expertise, innovative Direct Lithium Extraction (DLE), and a vision of clean energy independence for the United States. ⚙️ A Lithium Revolution Buried Beneath Our Feet Under this contract, Halliburton will design and construct the first phase of demonstration wells , laying the groundwork for a major lithium production project. Work begins in late 2025 , and this could mark a seismic shift in America’s push for domestic battery-grade lithium carbonate . Why is this so crucial? Because lithium is the heartbeat of clean tech — powering electric vehicles, grid-scale batteries,...

Geological Hydrogen The Next Geothermal Gem

Unveiling the Future: Geological Hydrogen and Geothermal Energy Join Forces By: Alphaxioms A Drilling Rig grinding on a wellpad in search for energy In the dynamic landscape of renewable energy, innovation knows no bounds. Today, a groundbreaking concept emerges, one that could revolutionize the way we harness Earth's natural resources: Geological Hydrogen alongside Geothermal energy. Imagine tapping into the Earth's crust to unleash a potent duo that promises sustainable power for generations to come. Geological Hydrogen, extracted from the depths of the Earth, holds immense potential as a complement to Geothermal energy. Both resources, inherently renewable, possess the key to unlocking a cleaner, greener future. But what sets this partnership apart is its sheer ingenuity. Alphaxioms , at the forefront of this technological marvel, is spearheading the charge. The road ahead is not without its challenges. Logistical and technical hurdles loom large, but  Alphaxioms is undeter...

Geothermal Colonialism or Global Partnership?

The Ethics of Foreign Investment in African Geothermal Resources By:  Robert Buluma Beneath the surface of Africa lies a force powerful enough to revolutionize the continent's energy future: geothermal energy. With its promise of clean, sustainable, and reliable baseload power, geothermal is no longer just a hidden treasure it's a strategic resource. Yet, as the interest of foreign investors grows in the Rift Valley and beyond, so do the ethical questions. Are these investments empowering Africa or quietly replicating patterns of resource exploitation? This article delves deep into the ethical implications of foreign investment in Africa's geothermal sector. We explore case studies across the continent, highlight emerging concerns, and present a framework for ensuring that Africa benefits from its geothermal riches without surrendering control or sovereignty. The African Geothermal Boom: A Global Attraction Africa, particularly along the East African Rift System (EARS)...

Exploring Bosnia and Herzegovina’s Geothermal Future: UNDP Calls for Experts to Lead Groundbreaking Study

Unlocking Bosnia and Herzegovina’s Geothermal Potential: A Golden Opportunity for Experts   By: Robert Buluma The global push for sustainable energy has ignited interest in geothermal resources, and Bosnia and Herzegovina (BiH) is the latest country stepping up to explore its underground energy reserves. The United Nations Development Programme (UNDP) has announced a Request for Proposal (RFP) for the Development of a Study on the Geothermal Potential of the Federation of Bosnia and Herzegovina (FBiH). This presents a lucrative opportunity for geothermal experts, energy consultants, and research institutions to shape the future of renewable energy in the region.   This is not the 80's when Geothermal Energy was being taxed as if it did not mean something, things have changed and it is getting similar incentives as other Renewables. What’s the Deal?   Published on January 29, 2025, this tender (Reference Number: UNDP-BIH-01166) seeks to assess, analyze, and ...

Alberta’s $20 Million Bet on Drilling Innovation: Why Eavor is a Key Contender in the Alberta Drilling Accelerator

Alberta’s $20 Million Bet on Drilling Innovation: Why Eavor is a Key Contender in the Alberta Drilling Accelerator Date: June 13, 2025 Author:  Robert Buluma Alphaxioms Energy Insights A Bold Step Forward in Drilling Technology Alberta is once again proving that it’s not just rich in natural resources it’s rich in ambition. On June 10, 2025, the Government of Alberta announced a game-changing $20 million investment into the newly launched Alberta Drilling Accelerator (ADA) program, an initiative designed to push the boundaries of drilling innovation. This funding, administered through Emissions Reduction Alberta (ERA), targets emerging technologies that promise to reduce emissions while enabling responsible energy production. With its world-class expertise in oil and gas drilling, and increasing momentum in geothermal, lithium, and critical minerals, Alberta is positioning itself to be the global nerve center of next-generation drilling. And among the hopefuls vying to leverage th...

Exergy, Baseload Sighn LOI For Kopsvatn Geothermal Plant In Iceland

Revolutionizing Geothermal Energy: Exergy Partners with Baseload Power Iceland to Transform Kopsvatn  By: Robert Buluma Image: Baseload Iceland,C.E.O Marta Ros Karlsdottir and Exergy's Luca Pozzoni shake hands upon signing of the LOI , Image source Exergy on LinkedIn In a groundbreaking development for geothermal energy, Exergy has signed a Letter of Intent (LOI) with Baseload Power Iceland to supply two Organic Rankine Cycle (ORC) units for the Kopsvatn geothermal power plant in Flúðir, Iceland. This partnership signifies a monumental leap in the utilization of small-scale binary systems that combine heat and power, paving the way for a global revolution in sustainable energy production.    A Milestone in Small-Scale Geothermal Innovation   The Kopsvatn geothermal power plant project embodies innovation at its finest. By integrating Exergy’s state-of-the-art ORC technology with Baseload Power Iceland’s strategic vision, this collaboration underscores the i...