Global Geothermal Power: Policies, Funding, Wells, Strengths, Opportunities and Barriers Geothermal is moving into a broader investment cycle. In 2026, the story is no longer limited to volcanic power plants in a few classic markets; it now includes enhanced geothermal systems, closed-loop designs, district heating, superhot rock, lithium from brines and industrial heat. Across the United States, Canada, Germany, the United Kingdom, Australia, New Zealand, Japan, Iceland, France and Italy, the sector is being shaped by a simple question: who is de-risking the first wells, and who is ready to finance the next ones? United States: the next-generation testbed The United States has the broadest geothermal innovation ecosystem in this group, with a mature conventional base in the West and a fast-growing next-generation pipeline. The main policy signal in 2026 is the Department of Energy’s US$171.5 million funding opportunity for next-generation geothermal field-scale tests, exploration...
First Gen and Unilever Philippines Renew Renewable Energy Partnership By: Robert Buluma In a strong move toward sustainability, First Gen Corporation will continue to supply 10 megawatts (MW) of renewable energy (RE) to seven of Unilever Philippines’ facilities. This renewed partnership underscores both companies’ commitment to operational efficiency and environmental responsibility. The agreement covers Unilever’s production and distribution sites across Metro Manila, Cavite, Laguna, and Batangas . These facilities manufacture a wide array of products, from ice cream, sauces, and seasonings to beauty, personal care, and home care items. First Gen will source the power from the geothermal plants of its subsidiary, Energy Development Corp. (EDC) , located in Bicol, Tongonan in Leyte, and Palinpinon in Negros Oriental . “Since 2017, First Gen has been our partner in helping us reduce the carbon footprint of our manufacturing operations with a steady supply of renewable en...