The New Energy Frontier: Quaise Energy’s Superhot Geothermal Gambit in Oregon By Alphaxioms Editorial Team | September 4, 2026 In the high desert of Central Oregon, a project with implications far beyond Deschutes County is taking shape. Quaise Energy, now backed by a total of $280 million in funding, is advancing Project Obsidian, which it describes as the world’s first commercial superhot geothermal power plant . The company says the first phase is designed to deliver 50 MW by 2030, with a pathway toward 250 MW and ultimately more than 1 GW . Before the first megawatt reaches the grid, however, the project faces a local policy test: whether Deschutes County should grant a five-year property tax abatement under Oregon’s Rural Renewable Energy Development Zone Program. That decision is more than a routine incentive request. It is a referendum on how rural counties choose to support next-generation energy infrastructure and whether older incentive frameworks can accommodate a technolog...
Panasonic Energy Taps into Geothermal Power to Double Renewable Energy Use and Cut CO₂ Emissions in Japan"
In an inspiring move that underscores its commitment to a carbon-neutral future, Panasonic Energy Co., Ltd. has announced the introduction of geothermal energy through an off-site corporate Power Purchase Agreement (PPA) in Japan. By: Robert Buluma This strategic step, launched on April 1, 2025 , is expected to deliver approximately 50 GWh of geothermal electricity annually , reducing CO₂ emissions by an estimated 22,000 tons per year . This groundbreaking agreement was made possible through Panasonic Operational Excellence Co., Ltd. and executed in partnership with Kyuden Mirai Energy Co., Inc. , a leading provider of renewable energy solutions in Japan. Unlocking the Power Beneath: Why Geothermal? Unlike solar or wind, geothermal energy offers stable, weather-independent output . That makes it a crucial piece of the puzzle in achieving round-the-clock clean energy supply. Panasonic’s choice to tap into geothermal reflects a deeper strategy to diversify its renew...