Alphaxioms Geothermal News and Related Research Globally

The global energy sector is undergoing a radical transformation, with clean, reliable, and sustainable power sources taking center stage. By: Robert Buluma Among these, geothermal energy stands out as an underutilized but highly promising resource that offers baseload power generation with near-zero carbon emissions.   The rise of advanced geothermal technologies has attracted significant investments, especially from big tech companies seeking sustainable energy solutions for their energy-intensive AI data centers. One such company making headlines is XGS Energy, a geothermal startup that recently closed a $13 million equity bridge round and is preparing for a $60 million to $100 million growth round.   This article explores how XGS Energy and other enhanced geothermal system (EGS) startups are revolutionizing the sector, unlocking geothermal energy potential beyond traditional hotspots, and why investors and technology giants are betting big on this clean energy rev...

Ignis H2 Energy Raises $12.5M in Series A First Close: Paving the Way for a Sustainable Future in Geothermal Power By: Robert Buluma An image example of a geothermal drilling rig at Eden Geothermal In a groundbreaking move, Ignis H2 Energy Inc. has successfully secured $12.5 million in the first close of its Series A funding round, a game-changer for the geothermal industry. The funding comes from a distinguished consortium of investors, including leading funds, private individuals, and strategic partners like drilling contractor Nabors Industries. The round is led by alfa8 , a firm dedicated to advancing technologies for a sustainable future. This infusion of capital is set to accelerate Ignis Energy's mission to develop geothermal power across the globe, tapping into vast untapped energy reserves in the USA, Turkey, Indonesia, and Italy. This is not the first time we are seeing Geothermal startups raise tangible amounts of money as Sagegeosystems also had raised a similar amount...

400C Energy Pioneers Next-Gen Geothermal Power with Groundbreaking Utah Project By: Robert Buluma In a monumental move for renewable energy development, 400C Energy has acquired 1,960 acres of exploration rights in Utah to develop a cutting-edge Enhanced Geothermal System (EGS) capable of generating 100 MWe of clean, carbon-free electricity. Leveraging proprietary technology, the project promises to revolutionize geothermal energy production by tapping into 275°C resources near the Department of Energy's FORGE site and Fervo Energy’s Frisco Pad.  This article encompounds much on the magical Fervo geothermal project Innovation at the Core The key to this breakthrough lies in 400C Energy’s proprietary hydraulic stimulation technology. This advanced system dramatically increases downhole surface area, enhances power plant longevity, and ensures sustainable energy production by incorporating flow control mechanisms to optimize brine movement within the wells. With over 300 stimulation ...