Alphaxioms Geothermal News and Related Research Globally

Published: 28 May 2025 By:  Robert Buluma In the heart of the Taupō Volcanic Zone, where the earth roars with ancient fire, a bold new frontier in energy is stirring beneath New Zealand’s feet.  The Government has announced major strides in its ambitious pursuit of supercritical geothermal energy—a potential game-changer that could propel Aotearoa to the forefront of global clean energy innovation. And it’s not just ambition—it’s action. 🔥 Supercritical: The Next Leap in Geothermal Regional Development Minister Shane Jones and Science, Innovation and Technology Minister Dr Shane Reti unveiled fresh details about the government’s progress toward harnessing supercritical geothermal energy. This isn't your everyday clean energy initiative—it's the geothermal equivalent of striking gold at the Earth's molten edge. Conventional geothermal energy taps into hot water and steam from wells drilled up to 3.5 km deep. But supercritical geothermal? It goes deeper—up to 6 km—where temp...

Ormat Technologies Acquires Blue Mountain Geothermal Power Plant for $88 Million Strategic Expansion in the U.S. Geothermal Energy Market By: Robert Buluma In a significant move poised to strengthen its foothold in the U.S. renewable energy sector, Ormat Technologies Inc. has announced the acquisition of the Blue Mountain geothermal power plant located in Humboldt County, Nevada . This 20 MW facility, formerly owned by Cyrq Energy , was acquired for USD 88 million , marking a strategic milestone in Ormat's ongoing growth strategy. This acquisition demonstrates Ormat’s commitment to bolstering its geothermal energy portfolio in the United States while contributing to the nation's clean energy goals. The Blue Mountain geothermal project not only adds capacity to Ormat’s existing generation assets but also sets the stage for further technological and operational enhancements.  Overview of the Blue Mountain Geothermal Power Plant The Blue Mountain facility, originally commis...