Alphaxioms Geothermal News and Related Research Globally

Elemental Energies and Iceland Drilling Join Forces to Revolutionize Global Geothermal Projects By: Robert Buluma The geothermal energy sector is experiencing a seismic shift, and two industry leaders, Elemental Energies and Iceland Drilling Company, are taking it to the next level. In a groundbreaking move, the two companies have launched a global joint venture that promises to deliver comprehensive geothermal solutions for projects worldwide. The new partnership combines Elemental Energies’ expertise in subsurface and well engineering with Iceland Drilling’s cutting-edge geothermal drilling services, creating a powerful alliance designed to meet the growing demand for clean, renewable energy. Most People feel Geothermal is not taking a center stage but we feel otherwise given the current unfoldings A Bold Step Toward Sustainable Energy Solutions With over 70 years of experience and hundreds of geothermal wells constructed globally, Iceland Drilling stands at the forefront of geotherm...

Geothermal Startup  Bedrock Energy Secures $12M to Revolutionize Carbon-Free HVAC for Buildings By: Robert Buluma In a groundbreaking move for the geothermal energy sector, Bedrock Energy , a Texas-based geothermal technology startup, has successfully raised $12 million in a Series A funding round. The funds aim to accelerate the development and deployment of their innovative, carbon-free heating and cooling solutions for buildings. With the increasing urgency to combat climate change,  Bedrock Energy technology is set to play a significant role in reducing greenhouse gas (GHG) emissions from buildings—a sector responsible for 15% of global carbon emissions.   A Game-Changer for Urban Geothermal Systems Founded in 2022,  Bedrock Energy has positioned itself as a pioneer in geothermal HVAC systems. Their cutting-edge technology integrates autonomous drilling with advanced subsurface modeling, significantly reducing the time and space required for geothermal in...