EIG’s First Geothermal Bet Signals a New Phase for EGS Financing Image : Thematic image of a geothermal plant EIG Geothermal Catalyst Partners’ inaugural investment in Power Planet is a meaningful signal for the geothermal sector because it links development capital with a project that already has infrastructure, interconnection capacity, and subsurface data on its side . For an industry that often struggles to move from concept to bankable execution, that combination can shorten timelines and reduce risk. Why This Deal Matters The core story is not just that EIG made its first investment; it is that the fund is targeting the middle of the geothermal value chain, where projects need capital to clear technical and commercial hurdles . That matters because enhanced geothermal system, or EGS, projects can be highly promising but capital-intensive, especially before they reach a stage where traditional infrastructure investors feel comfortable stepping in . Power Planet’s Star Peak proje...
Italy to Host Its First Geothermal Congress This November
By: Robert Buluma
Italy is set to host its inaugural Geothermal Congress, "ITALIAN GEOTHERMAL - 1° Forum Internazionale sulla Geotermia," on November 11th and 12th, 2024. This landmark event will take place at the Centro Congressi Auditorium della Tecnica in Rome, bringing together global leaders, experts, and stakeholders in the geothermal energy sector to discuss the latest developments, opportunities, and challenges in this growing field.
Organized by key players in the Italian geothermal industry, including the Unione Geotermica Italiana (UGI), Associazione Italiana Riscaldamento Urbano (AIRU), Consiglio Nazionale Geologi, Rete Geotermica, and Associazione Nazionale Impianti Geotermia Heat Pump (ANIG HP), the forum aims to foster international dialogue and collaboration on geothermal energy's potential. The event will provide a platform for exchanging ideas and exploring the risks and rewards associated with geothermal energy use.
The Congress will feature a comprehensive program, with sessions addressing various aspects of geothermal energy, from technological advancements to policy frameworks, environmental impacts, and market opportunities. Attendees will have the chance to engage with industry leaders, network with peers, and gain insights into the future of geothermal Energy
Prominent media partners, including Rivista Watergas.it, AcquAgenda, and GasAgenda, will provide extensive coverage of the event, ensuring visibility not only during the Congress but throughout the year.
For more information and to view the preliminary program, make inquiries at alphaxiomsgeothermal@gmail.com
Source: Alphaxioms Email
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