Arverne expands geothermal asset portfolio with new lithium exploration permit in Auvergne Arverne secures 442.7 km² PER “Bassin de Limagne” near Clermont-Ferrand French geothermal developer Arverne (Euronext: ARVEN) has been granted an exclusive research permit (Permis Exclusif de Recherches, PER) for lithium and related substances covering the “Bassin de Limagne” in Puy‑de‑Dôme, Auvergne. The five‑year permit, announced 3 September 2026, spans 442.68 km² and adds to Arverne’s growing national portfolio of PERs: the company now holds nine permits in France, three of which are focused on lithium. The award underscores Arverne’s strategy to combine geothermal heat production with geothermal lithium extraction — an integrated model the company is already deploying elsewhere in France. For the Auvergne permit, Arverne emphasizes that the Bassin de Limagne area overlaps with its existing PER for the Riom‑Clermont‑Métropole, where 3D exploration studies have previously evaluated the subsurf...
Google’s Bold Step Towards Carbon-Free Energy: A Geothermal Power Partnership with Buffett's NV Energy
In a significant move towards sustainable energy, Alphabet Inc.'s Google has forged a partnership with Nevada’s utility giant, NV Energy, and the innovative geothermal startup, Fervo Energy. This collaboration marks a strategic effort to power Google’s data centers using clean, renewable energy derived from the Earth's heat.
Harnessing Earth's Heat for Tech Giants
Geothermal energy, unlike its solar and wind counterparts, offers a distinct advantage: it can operate continuously, providing a steady stream of electricity 24/7. By tapping into the heat stored in underground rocks, geothermal plants generate electricity without any carbon emissions. Fervo Energy employs advanced horizontal drilling techniques within geothermal reservoirs to maximize energy output, making this source of energy even more efficient.
Powering the Future with Geothermal Energy
According to a statement from Google, Fervo Energy will develop a geothermal power plant capable of producing 115 megawatts of electricity. This energy will be supplied to NV Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Energy. Once state regulators approve the agreement, NV Energy will then sell this clean power to Google. The 115 megawatts of electricity are substantial enough to power approximately 86,000 homes, underscoring the impact and scale of this initiative.
Meeting Ambitious Climate Goals
For tech giants like Google, Microsoft, and Amazon—collectively known as hyperscalers—the push towards decarbonizing operations is both a moral imperative and a business necessity. These companies are under significant pressure from both internal stakeholders and external environmental advocates to meet their climate goals. Google, in particular, has committed to running entirely on carbon-free energy 24/7 by 2030. This partnership with NV Energy and Fervo Energy is a critical step towards achieving that vision.
The Bigger Picture
Data centers, essential for the modern digital economy, consume vast amounts of electricity. As the demand for data storage and processing continues to grow, so does the need for sustainable energy solutions. By investing in geothermal energy, Google is not only reducing its carbon footprint but also setting a precedent for the industry. This initiative highlights the potential for renewable energy sources to meet the high demands of today's technological infrastructure.
In a world increasingly aware of the environmental impact of industrial activities, Google's proactive approach to sourcing clean energy is a promising development. As state regulators review this agreement, the collaboration between Google, NV Energy, and Fervo Energy stands as a testament to the power of innovation and sustainability working hand in hand. This venture not only aligns with global climate goals but also paves the way for a more sustainable future in the tech industry.
Data Centers consume alot of Energy and Kenya is amongst the few companies that use Geothermal Power in their data Centers
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Source:Yahoo Finance
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