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EIG Geothermal Catalyst Partners Launches Inaugural Power Planet Investment

By Robert Buluma Alphaxioms
EIG’s First Geothermal Bet Signals a New Phase for EGS Financing Image : Thematic image of a geothermal plant EIG Geothermal Catalyst Partners’ inaugural investment in Power Planet is a meaningful signal for the geothermal sector because it links development capital with a project that already has infrastructure, interconnection capacity, and subsurface data on its side . For an industry that often struggles to move from concept to bankable execution, that combination can shorten timelines and reduce risk. Why This Deal Matters The core story is not just that EIG made its first investment; it is that the fund is targeting the middle of the geothermal value chain, where projects need capital to clear technical and commercial hurdles . That matters because enhanced geothermal system, or EGS, projects can be highly promising but capital-intensive, especially before they reach a stage where traditional infrastructure investors feel comfortable stepping in . Power Planet’s Star Peak proje...
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Vulcan Energy Advances Lionheart Project with Drilling of Second Production Well at Schleidberg Site

By Robert Buluma Alphaxioms
Vulcan Energy Advances Lionheart Project with Drilling of Second Production Well at Schleidberg Site By: Robert Buluma Image source: ALPHAXIOMS  Posted by Alphaxioms Geothermal News | February 19, 2026 In the rapidly evolving world of renewable energy and sustainable resource extraction, few projects capture the imagination quite like Vulcan Energy Resources' Phase One Lionheart Project in Germany's Upper Rhine Valley. This innovative endeavor combines geothermal energy production with the extraction of battery-grade lithium from deep geothermal brines, offering a low-carbon, domestic solution to Europe's growing demand for critical minerals in the electric vehicle (EV) revolution. The latest milestone comes from Vercana GmbH, Vulcan's in-house drilling subsidiary. In a recent update shared on social media, Vercana announced the commencement of drilling for the second production well, designated LSC-2, at the Schleidberg site. This follows the successful completion ...
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Powering the Future: How Geothermal Energy is Revolutionizing the Oil Industry Globally

By Robert Buluma Alphaxioms
Harnessing Geothermal Energy Alongside Oil: A Global Case Study   By:  Robert Buluma Geothermal energy, the heat derived from the Earth’s core, has long been recognized as a sustainable and reliable energy source. However, its integration with the oil and gas industry is a relatively new and exciting development. This case study explores how geothermal energy is being harnessed alongside oil globally, highlighting innovative projects, technological breakthroughs, and the synergies between these two industries.   The Synergy Between Geothermal and Oil Industries This Geothermal Decade saw a rise in Oil and Gas companies vouching for Geothermal Energy The oil and gas industry brings decades of expertise in subsurface exploration, drilling, and reservoir management—skills that are directly transferable to geothermal energy development. Both industries rely on similar technologies, such as directional drilling, hydraulic fracturing, and high-temperature equipment, m...
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Borobotics Introduces Disruptive Autonomous Geothermal Drilling Machine

By Robert Buluma Alphaxioms
Borobotics  Revolutionizes Geothermal Energy: The Rise of Autonomous Drilling Technology By: Robert Buluma In the quest to curb global emissions and accelerate the clean energy revolution, geothermal energy is finally having its moment in the spotlight. With groundbreaking technologies emerging, one company stands out Borobotics . This Swiss startup is poised to redefine geothermal energy accessibility with its autonomous mini drilling machine, coined the “world’s most powerful worm.”   Why  Borobotics is a Game-Changer   Traditional geothermal drilling has long been limited by high costs and cumbersome diesel-powered rigs. Enter Borobotics: a 13.5 cm-wide, 2.8-meter-long robotic drill requiring just 8 square meters of workspace. Compact, efficient, and operating on household current, this robot can dig as deep as 500 meters autonomously, bringing ground source heat pumps within reach for homeowners and businesses alike.   What makes Borobotics e...
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Geothermal Fully Funded PhD at Sheffield With SLB

By Robert Buluma Alphaxioms
Exploring Buoyancy Effects in Advanced Geothermal Systems: A Fully Funded PhD Opportunity at the University of Sheffield By: Robert Buluma Image: Sheffield Home Garden The global demand for sustainable and scalable renewable energy has positioned geothermal energy as a critical player in the clean energy transition. However, traditional geothermal systems often face geographic limitations, restricting their deployment to specific locations. Enter Advanced Geothermal Systems (AGS)—a revolutionary approach poised to unlock geothermal energy's global potential. If you are passionate about tackling the challenges of geothermal energy and possess a solid background in engineering or applied sciences, the University of Sheffield is offering a fully funded four-year EPSRC iCASE PhD studentship in collaboration with SLB, a leader in energy technology innovation. We reported earlier on on how SLB , formerly Schullumberger joined forces with Ormat in Geothermal energy expeditions The Focus o...
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Fervo Energy Gets $225 Million Boost Towards Next Generation Geothermal

By Robert Buluma Alphaxioms
Fervo Energy  Secures $255 Million to Power the Next Generation of Geothermal Energy Robert Buluma As the global push for sustainable energy solutions intensifies,  Fervo Energy has emerged as a trailblazer in revolutionizing geothermal technology. On December 19, 2024, Fervo announced a monumental achievement—securing $255 million in funding to accelerate the development of its enhanced geothermal systems (EGS). This groundbreaking initiative positions Fervo as a leader in the race to meet the soaring demand for 24/7 carbon-free energy.  A Leap Towards Energy Innovation   The funding includes $135 million in corporate equity, spearheaded by Capricorn’s Technology Impact Fund II, alongside investments from esteemed entities like Breakthrough Energy Ventures and CPP Investments. A $120 million credit facility from Mercuria further bolsters Fervo’s financial foundation, ensuring the rapid deployment of EGS projects across the United States.   Fervo ...
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Ormat Drills 3 Exploratory Wells In A Pot Of Gold

By Robert Buluma Alphaxioms
Gold Meets Steam: A Game-Changing Geothermal Venture in North Sulawesi By: Robert Buluma : steam gushes orit of a geothermal well,wells of power In the heart of North Sulawesi's Bitung area, a groundbreaking partnership has emerged, one that promises to reshape both the energy and mining landscapes. The collaboration between Ormat, a global leader in geothermal technology, and Archi, a prominent gold mining company, is not just another business venture—it’s a bold statement of innovation and ambition. Established in early 2021, this joint venture is an intriguing fusion of resources and expertise. Archi, well-known for its operations in the gold-rich Toka Tindung area, is now diving into uncharted territory with geothermal energy. Ormat, on the other hand, has taken on the monumental task of managing the A-to-Z operations of this geothermal project. In return, Ormat will command a three-quarters share of the venture’s stakes, leaving Archi with a quarter—a reflection of the immense...
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Freiberg Offers New Masters Program In Geothermal Energy

By Robert Buluma Alphaxioms
"Harnessing the Power Beneath: TU Freiberg's New Master's Program in Geothermal Energy" By:  Robert Buluma The earth beneath our feet is more than just solid ground—it's a reservoir of untapped potential. With the global push towards sustainable energy solutions, geothermal energy has emerged as a promising frontier. Recognizing this, the Technische Universität (TU) Bergakademie Freiberg is launching an exciting new Master's program in Geothermal Energy, beginning in the summer semester of 2025.  "Geothermal energy is a growth market," says Professor Traugott Scheytt, the program's director. This assertion is not just rhetoric; it's a vision that TU Freiberg is turning into reality. The program is designed to equip students with the knowledge and skills needed to forge successful careers in this burgeoning field. But this isn't your average graduate program. Students will have the opportunity to craft a highly individualized specializatio...
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Sage and SMECI Partner For 3MW Geothermal Storage Facility

By Robert Buluma Alphaxioms
Sage Geosystems Inc. and San Miguel Electric Cooperative: A Revolutionary Partnership in Geothermal Energy Storage By: Robert Buluma In a groundbreaking move that could redefine the future of sustainable energy, Sage Geosystems Inc. has announced its partnership with San Miguel Electric Cooperative, Inc. (SMECI) to build the world’s first Geopressured Geothermal System (GGS) in Christine, Texas. This 3MW EarthStore™ energy storage facility is poised to make history as it becomes the first of its kind to supply geothermal energy storage to the ERCOT grid, marking a significant advancement in the quest for reliable, renewable energy. A New Era of Energy Storage The significance of this project cannot be overstated. As renewable energy sources like wind and solar continue to expand, the need for dependable, long-duration energy storage solutions becomes increasingly urgent. Sage’s EarthStore™ technology answers this call, offering a revolutionary system that taps into the earth’s natural ...
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"Harnessing Earth’s Fiery Core: Supercritical Geothermal’s Power Unleashed"

By Robert Buluma Alphaxioms
The Future of Geothermal Energy: Unlocking the Potential of Supercritical Geothermal Resources By:  Robert Buluma In the deep underbelly of the Earth, where the heat is nearly unbearable, lies a force so powerful it could reshape our energy landscape forever. This is the story of supercritical geothermal resources—a frontier so ambitious, so untapped, that it promises not just to meet, but to exceed, our wildest dreams for sustainable energy. The Hidden Power Beneath Our Feet Imagine drilling into the Earth's crust, past boiling reservoirs and molten rock, into a realm where temperatures and pressures reach a critical point, transforming water into a supercritical fluid. Neither liquid nor gas, this supercritical fluid holds the potential to produce ten times more energy than conventional geothermal sources. It’s a resource that could power cities, industries, and entire nations with clean, renewable energy. But this isn't just a tale of boundless potential—it's a journey f...
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Alphaxioms And Gre3nco To Develop 9 Geothermal Fields In Kenya

By Robert Buluma Alphaxioms
Pioneering the Future:  Alphaxioms  and  Gre3nco Bold Venture into Kenya's Geothermal Frontier By:  Teflon Don Image:  The powerful wells of Olkaria, LinkedIn In a groundbreaking partnership,  Alphaxioms and  Gre3nco are set to revolutionize Kenya's energy landscape. These two energy powerhouses are combining their expertise to explore nine earmarked geothermal fields: Hells Gate, Maeilla, Moi Ndabi, Enoosupukia, Nairagile Enkare, Kongoni Acc, Naivasha, Eburru, and Area A. This ambitious project promises to be a game-changer, setting new standards in geothermal energy production and sustainability. The Master Project By early January 2025, the first of these power plants is expected to take shape, harnessing the earth's natural heat to generate clean, sustainable energy. Surface studies have already commenced, and the project is set to proceed with unprecedented speed and efficiency. The drilling will employ techno-agnostic methods, tailored to the ...
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UK FIRST GEOTHERMAL NATIONAL CENTER COMES TO LIFE

By Robert Buluma Alphaxioms
UK’s First National Centre Launched to Advance Geothermal Energy By: Robert Buluma The dawn of a new era in renewable energy is upon us as the UK proudly introduces its first  National Geothermal Center (NGC). Launched with the ambitious goal of harnessing the earth's natural heat to decarbonize the future energy mix, this pioneering initiative marks a significant leap forward in the nation’s journey toward sustainable energy. A Collaborative Effort Backed by substantial funding from Durham University , the Net Zero Technology Centre (NZTC), SHIFT Geothermal, and The Reece Foundation, the  NGC aims to be the driving force behind the UK’s geothermal sector. This collaborative effort seeks to stimulate and support groundbreaking research and innovation, while also shaping a robust policy, regulation, and investment framework to accelerate geothermal advancements. The Sleeping Giant Awakens Geothermal energy, often referred to as the "sleeping giant" of the renewable energ...
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SLB and Ormat Set To Revitilize Geothermal Energy

By Robert Buluma Alphaxioms
SLB and Ormat Join Forces to Revolutionize Geothermal Energy By: Robert Buluma In an exciting leap toward a sustainable future, SLB has announced a strategic collaboration with Ormat Technologies, Inc., a leading renewable energy company, to develop and deliver cutting-edge geothermal projects. This partnership aims to revolutionize the geothermal energy landscape by reducing project risks, enhancing economics, and ensuring long-term performance and reliability. A Comprehensive Suite of Solutions The collaboration will offer developers an integrated suite of solutions that cover every phase of geothermal projects. From initial exploration and resource assessment to power plant commissioning and operation, SLB and Ormat are committed to providing a seamless and comprehensive approach. Next-Generation Geothermal Solutions Together, SLB and Ormat will offer both traditional geothermal solutions and next-generation technologies like enhanced geothermal systems (EGS) and advanced geothermal...
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Repsol Creates an entity in it's quest of first tracking Geothermal and Hydrogen Energy

By Robert Buluma Alphaxioms
Exploring the Future of Energy: Repsol's Geothermal and Hydrogen Ventures By: Robert Buluma In a world clamoring for cleaner and sustainable energy solutions, Repsol, the renowned energy giant, is stepping boldly into the future. With a vision firmly fixed on reducing carbon emissions and embracing renewable energy,  Repsol has birthed a new entity: Repsol Earth Solutions Holding SL. Led by the visionary Josu Jon Imaz, this venture signifies  Repsol commitment to exploring the vast potential of geothermal energy and hydrogen. But what makes geothermal energy so compelling? Imagine tapping into the Earth's natural heat, harnessing it to power our cities and industries without harming the environment. It's not just a dream; it's a reality  Repsol is actively pursuing. Geothermal energy, often overlooked, is a game-changer in the quest for sustainable power. From the volcanic landscapes of the Canary Islands to the bustling streets of Madrid,  Repsol is leading the c...
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Google, Microsoft and Nucor To Fast Track Advanced Geothermal,

By Robert Buluma Alphaxioms
Revolutionizing Energy: A Collaborative Journey Towards Advanced Clean Electricity By: Robert Buluma In a groundbreaking alliance, tech titans  Google and Microsoft , along with steel giant Nucor Corporation , have embarked on a mission to reshape the landscape of electricity generation. The trio is not merely envisioning a cleaner future but actively spearheading initiatives to accelerate the development and adoption of advanced clean electricity technologies. At the core of this ambitious endeavor lies a profound understanding: the transition to a sustainable energy future demands more than just conventional renewables like wind and solar. To effectively combat climate change and meet the soaring global energy demand, a diverse portfolio of cutting-edge solutions is imperative. This is where advanced clean electricity technologies come into play. The International Energy Agency (IEA) underscores the critical role of these technologies in decarbonizing grids and ensuring energy se...
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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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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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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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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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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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INTERVIEW, Geretsried and Beyond: Eavor’s Blueprint for Reliable, Sustainable Energy

By Robert Buluma Alphaxioms
Robert Buluma :  Alphaxioms Responses were provided by Jeanine Vany, Executive Vice-President of Corporate Affairs, Eavor . Can you explain the key technological advancements in the latest iteration of the Eavor-Loop™ system? We have made a number of technological advancements at our project in Geretsried Germany . This includes innovation and learning resulting in dramatic improvements in our drilling performance and we’re proud to talk about our technology. For example, Eavor recently announced successful implementation of our in-house AMR (active magnetic ranging) tool which makes drilling more accurate and efficient. Eavor-Link™ AMR uses magnetic ranging while drilling to maintain constant alignment as it drills two wells at approximately 100 metres apart before they are intersected to create a continuous geothermal loop, which is then sealed with Eavor’s proprietary Rock-Pipe™ formula. With real-time data transmission between downhole sensors, the technology ensures tighter bo...
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Inside the Geothermal Startup Mind: The Strategy, Funding & Sacrifices Behind Teverra’s Growth

By Robert Buluma Alphaxioms
Inside a Geothermal Startup’s Mind: Strategy, Funding, Ethics, and the Brutal Race to Commercialize This interview was done by Robert Buluma on behalf of Alphaxioms  Image:  The Interviewee, Dr.  Hamed Soroush is the Founder and President at Teverra  There’s a certain kind of silence that exists inside fast-growing startups. Not the quiet of peace, but the quiet of pressure . It’s the silence of teams racing to commercialize before competitors arrive. The silence of founders balancing mission and survival. The silence of a clean energy industry that desperately needs success stories… but is still learning how to measure them. In this one-on-one interview, we explore what it really takes to build a geothermal-driven clean energy company in today’s market, from strategic decisions and funding discipline to leadership, ethics, and the painful sacrifices behind growth. 1)  Vision & Strategy: “Speed Is Everything” Q:   Teverra  has grown rapidly, but co...
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Driving the UK Toward Net Zero: Chris Sladen on Geothermal’s Untapped Potential

By Robert Buluma Alphaxioms
Alphaxioms, we talked to Chris Sladen about his involvement in geothermal both in the UK, and globally By:  Robert Buluma Chris, please begin by explaining a little about yourself, and why you have a passion for geothermal? I have spent over 45 years involved in energy. Following undergraduate studies in geology at Southampton University, and a PhD in sedimentology at Reading University, I joined the energy sector in Aberdeen in 1980. It was a fascinating era when it seemed like at least one giant oil & gas field was discovered offshore every month; the wealth creation for the UK was gigantic. I got to see so much geology and rocks - my true passion. I moved to China in late 1983; not today’s China, this was over 40 years ago, a country closed for decades and embarking on an open-door policy, in part to bring both investment and technology. I became very interested in energy trends, energy politics, and new geography created by changing politics leading to opportunities for ene...
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PT Geo Dipa Energi Launches Strategic Minor Overhaul Tender for Dieng Unit 1 to Strengthen Geothermal Reliability

By Robert Buluma Alphaxioms
PT Geo Dipa Energi Opens Tender for Minor Overhaul of Dieng Unit 1 in 2026 Image: Indonesian Geothermal power plant PT Geo Dipa Energi (Persero) has opened a tender for the minor overhaul of the Dieng Geothermal Power Plant Unit 1 in 2026, signaling a continued focus on preserving the reliability of one of Indonesia’s most important geothermal assets. The procurement is aimed at selecting a qualified contractor with proven experience in turbine and generator maintenance for thermal power plants, underscoring the technical complexity and operational importance of the work. The tender, identified as RKS-004-PST/GDE/I/2026, uses a post-qualification bidding method and applies strict administrative, technical, and safety requirements. The schedule places document registration and collection between 26 and 28 January 2026, followed by a mandatory RKS explanation session and field visit on 29 January 2026. Procurement Scope and Process The procurement procedure requires prospective bidders...
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