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Showing posts from August 2, 2026

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Cornish Lithium Awards Halliburton Contract for Geothermal Lithium Project Development

By Robert Buluma Alphaxioms
Cornish Lithium awards contract for Cross Lanes Geothermal Lithium Project to Halliburton‌‍‍‍‌‍‌‍‌‍‍‌‌‍‌‌‍‍‌‌‍‍‍‍‍‍‍‍‌‌‍‌‌‍‍‌‍‍‌‌‌‌‍‌‍‍‌‍‍‌‌‍‍‍‍‍‍‌‍‍‌‍‌‍‌‌‌‍‌‍‍‍‍‍‍‍‌‍‍‌‌‌‌‌‌‍‍‍‍‌‍‌‍‌‍‌‍‍‌‍‍‌‌‌‍‍‍‌‌‍‌‍‍‌‌‌‌‍‍‌‍‍‌‌‌‌‌‍‌‍‍‌‌‍‌‌‍‍‌‍‍‌‌‌‌‍‌‍‍‌‌‌‌‌‌‌‍‌‌‍‍‌‌‍‍‌‍‍‌‌‍‍‌‌‌‍‌‌‌‍‍‌‌‍‌‍‌‌‌‍‌‌‍‍‌‌‌‍‌‍‌‌‍‌‍‌‌‍‌‌‌‌‌‍‌‍‌‌‌‌‍‌‌‌‍‍‌‌‌‍‌‌‌‌‍‍‌‌‍‌‍‍‍‌‍‍‌‌‍‌‌‌‍‌‌‍‌‌‌‌‍‌‌‌‌‍‌‌‍‌‍‍‌‍‍‌‍‌‍‍‌‌‌‍‌‌‌‌‍‍‌‍‌‍‌‌‌‍‌‌‌‍‌‍‌‌‌‍‌‍‌‍‌‍‌‌‌‍‌‍‍‌‌‌‍‌‌‌‍‌‌‌‌‌‍‌‌‌‍‌‌‍‌‌‌‌‍‍‌‌‌‍‌‌‍‌‌‍‌‌‌‍‌‌‌‌‍‍‌‌‍‌‍‌‌‍‌‌‌‍‍‌‌‌‌‌‍‌‌‌‍‍‌‍‌‌‌‍‌‍‌‌‌‌‍‌‌‌‌‍‌‌‍‍‌‍‌‍‌‌‍‌‍‌‌‍‌‍‌‌‌‍‌‌‍‌‍‌‍‍‍‌‍‌‌‍‍‍‌‌‌‌‌‌‍‍‌‌‌‍‌‌‌‍‌‌‍‌‌‌‌‌‍‌‌‌‍‍‌‍‌‌‌‍‌‍‌‌‌‌‍‌‌‌‌‍‌‌‍‍‌‍‌‍‌‍‌‍‌‍‌‌‌‌‌‍‍‍‌‍‌‍‌‍‍‌‌‍‍‍‌‌‌‌‌‌‍‍‌‍‌‍‍‌‍‍‌‌‍‌‍‌‌‍‌‍‌‌‌‍‍‍‌‌‌‌‌‍‌‌‌‍‍‌‍‌‌‌‍‌‍‌‌‌‌‍‌‌‌‌‍‌‌‍‍‌‌‍‍‍‌‌‍‌‍‌‌‍‌‌‍‌‌‌‍‌‌‍‍‍‌‌‌‌‌‌‍‍‌‌‌‍‌‌‌‍‌‌‌‍‍‌‍‌‌‌‍‌‌‌‌‌‌‌‍‌‍‌‌‍‍‌‌‌‌‌‌‍‌‌‌‌‍‌‌...
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Europe Geothermal Energy Investment Opportunities, Companies, Resources, and Market Outlook

By Robert Buluma Alphaxioms
Investment Opportunities in Europe’s Geothermal Energy Market: Country-by-Country Resources, Companies, Challenges, and Growth Prospects Europe is developing one of the world’s most diverse geothermal investment markets. The continent combines mature geothermal electricity industries in Italy, Iceland, and Türkiye with rapidly expanding district-heating markets in France, Germany, the Netherlands, Poland, Hungary, Denmark, and Switzerland. The most attractive European opportunities are not limited to power generation. Investors can participate in geothermal district heating and cooling, industrial heat, geothermal heat pumps, enhanced geothermal systems, closed-loop systems, thermal storage, lithium extraction, drilling services, equipment manufacturing, and integrated energy networks. The European Geothermal Energy Council reported that ten new geothermal district-heating and cooling systems began operation during 2025, adding approximately 70 MWth of capacity. New systems were report...
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North America Geothermal Energy Investment Opportunities, Companies, Resources, and Market Outlook

By Robert Buluma Alphaxioms
Investment Opportunities in North American Geothermal Energy North America is entering a new investment cycle in geothermal energy. The United States offers the region’s deepest commercial market and the largest advanced-geothermal pipeline; Mexico provides proven high-temperature volcanic resources and an established utility-scale industry; while Canada presents an earlier-stage opportunity centered on sedimentary-basin geothermal, direct-use heating, closed-loop systems, and oil-and-gas technology transfer. The investment case now extends well beyond conventional geothermal power plants. It includes enhanced geothermal systems, advanced closed-loop systems, geothermal heat pumps, district heating, industrial heat, geothermal storage, lithium extraction from geothermal brines, data-center power, and hybrid renewable-energy projects. In the United States, utilities had already procured or agreed to procure 1,007 MW of next-generation geothermal capacity through 12 power-purchase agreem...
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AFK Geothermie launches €65M dublette drilling to heat 1,200 homes

By Robert Buluma Alphaxioms
AFK Geothermie launches second dublette drilling in Aschheim , pathway to 1,200 geothermal heat connections Summary AFK Geothermie has begun preparing the drill site for a second deep geothermal dublette near Aschheim. Drilling is scheduled to start in November at depths up to 2,600 meters. The project aims to supply up to 1,200 residential connections in Aschheim, Feldkirchen and Kirchheim with district heating from January 2028, expanding an established field first tapped in 2008. Total investment is around €65 million, combining public grants, municipal contributions, company equity and long-term loans. Why this matters now The AFK project is a practical example of how municipal-scale geothermal systems move from demonstration to scale-up. As European policymakers push for decarbonized heating, replicable, well-financed geothermal projects that integrate with existing district heating networks are becoming critical. The Aschheim dublette highlights common technical, financial and ...
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Plum IV and CTR’s Geothermal Critical Minerals Deal Takes Shape

By Robert Buluma Alphaxioms
Plum Acquisition Corp. IV and  Controlled Thermal Resources Outline a Large-Scale Geothermal and Critical Minerals Platform Plum Acquisition Corp. IV (“Plum IV”) and Controlled Thermal Resources Holdings Inc. (“CTR”) are moving toward a proposed business combination that would create a public company focused on one of the most ambitious geothermal and critical minerals developments in the United States. The combined entity is expected to trade on Nasdaq under the pro forma ticker CTRH, reflecting a platform built around clean baseload power, lithium recovery, and broader critical minerals production. The investor presentation dated August 2026 frames the transaction around CTR’s Hell’s Kitchen project in Imperial County, California, which is presented as a strategically positioned resource opportunity with energy, minerals, infrastructure, and permitting advantages.   At the center of the presentation is a clear message: this is not just a power project, and it is not j...
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Philippines Geothermal Drilling: Rufino "Dong" Cotanda Jr. on PGPC, EDC, ThermaPrime, and the Future of Geothermal Energy

By Robert Buluma Alphaxioms
Alphaxioms Exclusive: Inside the Philippines' Geothermal Drilling Success Story , A Conversation with Rufino "Dong" Cotanda Jr. Image : Rufino "Dong" Cotanda Jr The Philippines is the world's third-largest producer of geothermal electricity, with more than 2 GW of installed capacity. Behind this achievement is decades of technical expertise, sustained government support, and some of the world's most experienced geothermal drilling professionals. One of those professionals is Rufino "Dong" Cotanda Jr., a drilling veteran with over 45 years of experience in both oil & gas and geothermal operations. Having worked with Saudi Aramco , Desco , Unocal, Chevron , and now the Philippine Geothermal Production Company (PGPC), Dong has helped shape drilling programs across multiple continents. In this exclusive interview with Alphaxioms, he discusses the evolution of geothermal drilling in the Philippines, the technologies improving well performance,...
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EGS, Superhot Rock & AI: Geothermal Expert Cary Lindsey on the Industry's Next 20 Years

By Robert Buluma Alphaxioms
“Inside the Next Wave of Geothermal Innovation: Opportunities, Risks, and Global Impact” By:  Robert Buluma An indepth interview with Cary Lindsey, PhD Research Scientist Great Basin Center for Geothermal Energy, Nevada Bureau of Mines and Geology, University of Nevada Reno  1. Enhanced Geothermal Systems (EGS) are often described as geothermal's "breakout technology." From a geological standpoint, what are the biggest unresolved uncertainties preventing large-scale commercial deployment ? The progress we've seen in EGS over the last few years has been incredible. For a long time, geothermal was largely limited to places where nature had already done the hard work for us by creating hot, permeable reservoirs. EGS opens the door to developing geothermal resources in places that were previously off the table. That said, there are still some big questions we need to answer. Can we maintain those engineered reservoirs for decades? How much liquid (water or brine) will the...
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SECI Invites Geothermal Agencies for Resource Assessment and Power Development in Andaman & Nicobar Islands

By Robert Buluma Alphaxioms
SECI’s Geothermal EOI for Andaman & Nicobar Islands: What It Means for India’s Next Frontier in Clean Power The Solar Energy Corporation of India’s EOI for geothermal resource assessment and development in the Andaman & Nicobar Islands is a notable signal that India is widening its renewable-energy playbook beyond solar and wind. For developers, consultants, and investors, this tender is less about a single procurement and more about a strategic entry point into one of India’s most technically intriguing clean-energy frontiers. Why This EOI Matters SECI has published Tender ID SECI000268 under reference SECI/C&P/EOI/17/0003/26-27 for the “Identification and Capability Assessment of Agencies for Geothermal Resource Assessment, Exploration, Development, and Utilization of Geothermal Power Plant in UT of A&N Islands.” The document indicates that the initiative is meant to identify agencies with capability across geothermal resource assessment, exploration, development, and...
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Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland

By Robert Buluma Alphaxioms
Dynelectro, Syntholene, and the Geothermal SOEC Breakthrough in Iceland Dynelectro’s role in the Syntholene Iceland project highlights a major shift in how the market should think about SOEC technology. For years, solid oxide electrolysis cells have been seen as highly efficient but too difficult to commercialize because of stack degradation, short operating life, and the complexity of integrating them into real industrial systems. This project helps challenge that view by showing how geothermal integration, advanced power electronics, and system-level design can make SOEC a credible industrial solution.   The most important takeaway is simple: the market has often misunderstood SOEC as a technology limited by chemistry alone, when in fact a large part of the challenge is operational. Dynelectro’s approach shows that if the stack is controlled properly and supported by the right electrical architecture, SOEC can move much closer to commercial viability. The Syntholene Iceland ...
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Exclusive Interview: An In-Depth Look at Exergy’s Game-Changing Gemini Turbine

By Robert Buluma Alphaxioms
Exclusive interview with Exergy : discover the new Gemini dual-flow radial outflow turbine, the first single-unit ORC solution for 30–60 MW geothermal projects, offering up to 30 % lower costs and 99 % availability. By:  Robert Buluma .   An interview with  Luca Pozzoni -  Deputy CEO | Group CFO - Exergy International and the Exergy Team 1. Can you walk us through the key design innovations in your new Gemini turbine and how it differs from previous models? The major innovation of the Gemini turbine lies in the dual-flow configuration: unlike conventional radial outflow turbines which are equipped with a single bladed overhung rotor disk, the Gemini features a double-side bladed rotor disk mounted in a between-bearing configuration. This enables the efficient processing of significantly larger volumes of fluid, leading to higher power output having basically two radial outflow turbines in a single machine with enhanced operational stability and simplified mainte...
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Deep Geothermal Drilling Preparation for Renewable District Heating

By Robert Buluma Alphaxioms
Deep Drilling Preparation for Geothermal Energy: The Erdwärme Breisgau Project The Erdwärme Breisgau geothermal project has received approval for its next phase, allowing Badenova and Herrenknecht to begin preparing a deep-drilling site near Hartheim in Baden-Württemberg, Germany. The partners plan to invest approximately €60 million to explore a geothermal reservoir located around 3,200 metres underground and develop a heating plant for regional district heating.  Why Deep Drilling Matters for Geothermal Heating Deep geothermal energy can provide a stable, renewable source of heat for district-heating networks. Unlike solar and wind power, which depend on weather conditions, geothermal heating can operate continuously when the underground reservoir and surface infrastructure are technically and economically viable. The Erdwärme Breisgau project is designed to investigate a hot-water reservoir beneath the Hartheim area. The plan involves drilling two directional wells: one producti...
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Global Geothermal Insights: An Exclusive Interview with Drilling Engineer Sam Abraham

By Robert Buluma Alphaxioms
Global Geothermal Insights: Interview with Sam Abraham the Geothermal Global Technical Advisor at  Halliburton This interview was done by  Robert Buluma on 5th of November 7:30 Am EST At   Alphaxioms , we are committed to uncovering the deeper truths behind geothermal energy , the drilling, the risks, the innovations, and the frontiers. Today we welcome Sam Abraham , a veteran drilling engineer whose global geothermal experience spans more than 25 years. From oil & gas beginnings to geothermal hotspots around the world, Sam shares his journey, insights, and advice for the next generation. Career Journey & Background Sam, could you tell us about your career path and what led you into geothermal drilling? I have a background in oil and gas — seven years since 1991. I served as a base manager in Jakarta for three years, and also worked a little in geothermal alongside oil & gas. In 2005 I moved to New Zealand, given its vast geothermal resources. Fro...
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🔥 Krafla Magma Testbed: Drilling Into the Earth’s Fiery Heart

By Robert Buluma Alphaxioms
Krafla Magma Testbed (KMT) : Humanity’s Bold Leap Into the Heart of the Earth Interview  from Bjorn Gudmundsson the C.E.O-Krafla Magma Testbed and Team By:  Robert Buluma In 2009, deep beneath Iceland’s iconic Krafla volcano, a drilling team made history. During the IDDP-1 project, their drill bit pierced into magma molten rock at just two kilometers below the surface. What began as an accident became a scientific revelation. For the first time, humans had safely accessed magma. This “Eureka” moment gave birth to an idea so daring it almost sounds like science fiction: the creation of a permanent observatory where magma could be directly studied. That idea became the  Krafla Magma Testbed (KMT) a visionary international project that promises to rewrite the future of geothermal science, volcanic monitoring, and sustainable energy. Why Krafla? The Perfect Laboratory Beneath Our Feet Krafla’s  geology is unique. It offers a known shallow magma body, decades of research...
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