Alphaxioms Geothermal News and Related Research Globally

Unlocking Głuszyca's Hidden Treasure: The Quest for Geothermal Energy By: Robert Buluma Image: Warsaw Poland Głuszyca, a quaint town nestled in the heart of Lower Silesia, is on the brink of a groundbreaking transformation. A transformative project is underway, one that could potentially alter the town's landscape, economy, and future prospects. At the forefront of this endeavor lies a quest for geothermal energy, a venture that promises not just to harness natural resources but also to redefine Głuszyca's identity. The ambitious initiative aims to tap into thermal waters buried deep beneath the town's surface. Spearheaded by the Mayor of Głuszyca, Roman Głód, and backed by the Głuszyca Commune, this project has already set the wheels in motion for what could be a game-changer in the region's energy landscape. Unveiling the Geothermal Potential The journey began with meticulous planning and collaboration. Extensive research conducted by experts from AGH University o

Unlocking Green Energy: EDC P10-B Fixed Rate Bonds By: Robert Buluma Nearly 20 kilometres outside of the city of Ormoc, The Tongonan-1 geothermal power plant sits in mountainous Kananga, Leyte in the Philippines’ typhoon belt. Image: EDC In a resounding nod to the future of sustainable energy, the board of Energy Development Corp.  EDC has given the green light to a groundbreaking initiative. Picture this: P10 billion in fixed-rate bonds earmarked for propelling green energy projects forward. It's not just a financial maneuver; it's a commitment to a greener, cleaner tomorrow. The Rise of Green Bonds Lopez-led First Gen Corp. subsidiary,  EDC is at the forefront of this movement. Their P10-billion offering marks the second tranche of a larger P15-billion shelf-registered ASEAN green bonds. This isn't just about raising capital; it's about rallying investors behind a cause that transcends profit margins. The first tranche, a modest P5 billion, saw overwhelming demand,

Geretsried Sets the Stage for Climate Neutrality with Innovative Geothermal Energy Project By: Robert Buluma Nestled in the heart of Bavaria, the picturesque town of Geretsried is poised to become a beacon of sustainable living and environmental stewardship with its latest groundbreaking initiative – a pioneering geothermal energy project. In a triumphant collaboration between the local government, the Geretsried Municipal Utilities, and Eavor Erdwärme Geretsried GmbH, the town has embarked on a journey towards a greener, more resilient future. The recent signing of a heat supply contract marks a significant milestone in Geretsried's quest for renewable energy dominance. With the agreement in place, Isar Loisach Naturwärme GmbH, a subsidiary of the Geretsried Municipal Utilities, will receive up to 81,200 MWh/year of clean, CO2-free heat from Eavor Erdwärme Geretsried GmbH. This partnership heralds a new era of sustainable energy production, positioning Geretsried as a trailblazer

The Tale of Resilience: How Tongonan Geothermal Plant Overcame Typhoon Haiyan By: Robert Buluma Nearly 20 kilometres outside of the city of Ormoc, The Tongonan-1 geothermal power plant sits in mountainous Kananga, Leyte in the Philippines’ typhoon belt. Image: EDC In the wake of devastation, stories of resilience often emerge as beacons of hope. Such is the case of the Tongonan Geothermal Plant in the Philippines, which not only weathered the destructive force of Typhoon Haiyan but emerged stronger and more resilient than ever before. The year was 2013 when Typhoon Haiyan, one of the strongest tropical storms ever recorded, wreaked havoc on the province of Leyte. Among its victims was the Tongonan Geothermal Plant, a vital energy source in the region. Engineer Teodulfo Troyo, who witnessed the plant's shutdown in anticipation of the storm, recounts the harrowing experience of seeing the facility succumb to nature's fury. But amidst the ruins, a spirit of resilience took root. E

Harnessing Earth's Energy: Riehen's Groundbreaking Geothermal Endeavor By: Robert Buluma In the heart of Riehen, Switzerland, a quiet revolution is underway, one that promises to reshape the community's energy landscape for decades to come. For the past 30 years, Riehen has been tapping into the Earth's natural warmth to power its heating systems, pioneering the use of geothermal energy in the region. Now, with a newfound zeal for sustainable energy solutions, the town is embarking on an ambitious journey towards expanding its geothermal infrastructure. The latest chapter in Riehen's geothermal saga unfolds with the revelation of a prospective site for a second geothermal facility. The announcement, made by the Riehen District Heating Company (Wärmeverbund Riehen AG), marks a significant milestone in the town's quest for energy independence. After meticulous assessments and geological surveys, a parcel of land in the Grendelmatten area emerged as the prime locat

Unveiling the Power Beneath: The Ngozi Geothermal Project By: Robert Buluma Image: Lake Ngozi In a world where energy demand is skyrocketing, the quest for sustainable solutions has become paramount. Enter the Ngozi Geothermal Project – a beacon of hope in the realm of renewable energy. Gathered on the shores of Lake Ngozi in Mbeya, a diverse coalition of scientists from the United States, New Zealand, Japan, Iceland, and geothermally rich nations such as Kenya, Uganda, and Ethiopia convened for three days of groundbreaking discussions. At the heart of their deliberations lies a shared vision: to harness the earth's natural heat trapped beneath the surface of Lake Ngozi and transform it into a staggering 30 megawatts of clean, renewable power by the year 2025. It's not just about meeting energy needs; it's about pioneering a sustainable future for generations to come. The significance of this ambitious endeavor cannot be overstated. Geothermal energy represents a game-chang

Unveiling the Future: Construction Begins on Wai-2 Geothermal Power Plant By: Robert Buluma In a groundbreaking move towards sustainable energy, Furusato Thermoelectric Co., Ltd. has embarked on an ambitious project to build the Wai-2 Geothermal Power Plant. Led by the visionary leadership of CEO Kazuyuki Akaiishi, the company announced this momentous endeavor on March 22, 2024, marking a significant step forward in the realm of renewable energy. Located in the picturesque town of Oguni, nestled in the heart of Kumamoto Prefecture's Aso District, the Wai-2 Geothermal Power Plant is set to revolutionize the region's energy landscape. With a planned commercial operation slated for March 2026, this state-of-the-art facility aims to harness the Earth's natural heat to generate clean, sustainable electricity. What sets the Wai-2 Geothermal Power Plant apart is not just its cutting-edge technology but also its commitment to community collaboration. Building upon the success of th