Alphaxioms Geothermal News and Related Research Globally

Discover how Kenya’s Rift Valley geothermal resources could become a game-changer for the global electric vehicle industry. Explore opportunities, innovations, and insights from Alphaxioms’ expert consultancy in renewable energy. By Alphaxioms | Renewable Energy Insights Kenya’s Rift Valley is more than a scenic wonder — it’s emerging as a global powerhouse in renewable energy, with the potential to fuel the next generation of electric vehicles (EVs). Hidden beneath its volcanic landscapes lies vast geothermal energy, a clean and reliable resource that could revolutionize the EV battery supply chain worldwide. For innovators and investors in clean technology, this is a game-changer. By harnessing geothermal heat, Kenya can support sustainable lithium extraction and other critical minerals, powering not just homes and industries, but also the rapidly expanding EV market. Alphaxioms, a leading renewable energy consultancy, has been at the forefront of exploring these opportunities, comb...

Colorado Launches Round 4 of Geothermal Energy Grant Program: $12 Million Available for Electricity Project By:  Robert Buluma Colorado is accelerating its transition to clean energy with the launch of Round 4 of the Geothermal Energy Grant Program (GEGP) ) , offering $12 million in funding to support geothermal electricity development across the state. This latest round, anticipated to be the final one for the program, prioritizes projects that significantly advance geothermal electricity generation. Who Can Apply? The program is open to a wide range of applicants, including: Local governments and political subdivisions of Colorado Tribal governments Corporations registered in Colorado Gas and electric service public utilities Other eligible entities with CEO approval Applicants must carefully review eligibility criteria in the Request for Applications (RFA) documents to ensure their projects qualify. Eligible Projects Round 4 funding focuses exclusively on geothermal ...

KenGen’s Remarkable Half-Year Profit Growth: A Testament to Geothermal Energy's Potential By:  Robert Buluma A picture of an Olkarian Giraffe in KenGen Olkaria poised taking a glimpse of Mercy Rono's lense in the Geothermal Field In a groundbreaking financial report released on February 6, 2025, the Kenya Electricity Generating Company (KenGen) PLC announced a remarkable 79% growth in its half-year profit. This milestone underscores KenGen's resilience and leadership in the energy sector, particularly its commitment to renewable energy, with geothermal energy taking center stage.   Driving Growth Through Geothermal Energy   Given that Kenya is geographically located in the Great Rift Valley geothermal well endowed section of the world  it is much easier  For the country to surpass the 1 GW geothermal mark and even disrupt the global geothermal market. Give that companies like Kengen are the main pivots in this field KenGen’s net profit soared to Ksh.5....