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The Retrofit Revolution: How GreenFire Energy Is Turning Abandoned Oil & Geothermal Wells Into Continuous Clean Power Without New Drilling

The Retrofit Revolution: How GreenFire Energy Is Unlocking Geothermal Power Without Drilling a Single New Well By: Robert Buluma   While much of the geothermal energy sector has been focused on breakthrough drilling techniques—deeper wells, hotter reservoirs, and complex engineered systems—a quieter revolution has been unfolding in the background. Instead of chasing entirely new subsurface frontiers, one company has chosen a radically simpler question: What if the answer was already in the ground? GreenFire Energy is advancing a retrofit-first geothermal strategy that targets one of the most overlooked opportunities in the global energy transition: existing wells that are underperforming, depleted, or completely abandoned. Rather than drilling new holes into the Earth, the company is reusing the infrastructure that already exists—turning stranded assets into continuous sources of clean, baseload electricity. This approach is not just technically elegant. It may also be one of ...
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Tender Notice: Integrated Drilling Services for Geothermal Resource Exploration – Saint Lucia

Expression of Interest: Saint Lucia Launches Early Market Engagement for Integrated Drilling Services


The Government of Saint Lucia (GoSL) has officially opened an Expression of Interest (EOI) process as part of its major push into geothermal exploration under the Renewable Energy Sector Development Project (RESDP). Backed by US$34.6 million in financing from the World Bank and several global climate-focused Trust Funds, this initiative marks a pivotal step toward unlocking the island’s geothermal energy potential.

The RESDP aims to determine the viability of Saint Lucia’s geothermal resource for electricity generation while strengthening the enabling environment required to scale up private-sector clean energy investments. A key component of this effort involves the exploration drilling of three slim-hole wells in the communities of Saltibus, Belle Plaine, and Fond St. Jacques.

Of the total project financing, US$12.3 million is provided by the International Development Association (IDA), while US$21.28 million is contributed through various Trust Funds, including the Gender Trust Funds, Free-Standing Single Purpose Trust Fund, Canada Clean Energy and Forest Climate Facility Trust Fund, Clean Technology Fund, and the Energy Sector Management Assistance Program.

To support the upcoming drilling activities, the GoSL is inviting companies to express interest in the Integrated Drilling Services Procurement Procedure. Interested organizations are required to complete a registration form indicating their interest in accessing the Draft Drilling Services document. The form requests:

1. Company Name
2. Email
3. Address
4. Country of Registration
5. Contact Person
6. How you heard about this event 


The submission form does not automatically collect personal details unless entered directly by the applicant. Participants are advised not to share passwords or sensitive information as the form owner has not provided a privacy statement on data use.

This early market engagement marks an important milestone in Saint Lucia’s clean energy journey, setting the stage for high-level geothermal exploration and long-term power sector transformation. The outcomes of this process will help the government refine procurement strategies and advance plans for a more resilient, sustainable energy future.


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