Alphaxioms Geothermal News and Related Research Globally

Santa Fe, New Mexico – In an exciting move for the geothermal industry, the  Bureau of land Management (BLM) New Mexico State Office is officially welcoming nominations for geothermal leasing ahead of its upcoming lease sale, expected to take place in March 2026 . By : Robert Buluma If you’ve been eyeing geothermal development opportunities, the clock is ticking— all nominations must be submitted by September 25, 2025 . ⚡ Why This Matters Geothermal energy is a game-changer. It's clean, renewable, and offers reliable baseload power—something wind and solar can’t always guarantee. As climate action intensifies and demand for sustainable power surges, tapping into the Earth’s heat is becoming one of the most promising frontiers in the American West. The BLM plays a pivotal role in this transformation, managing 245 million acres of public lands and 700 million acres of subsurface mineral estates across the country, making them a key player in the geothermal energy boom. Geothermal...

Controlled Thermal Resources  (CTR) Charges Ahead with Major Lithium and Power Milestones at the Hell's Kitchen Project By:  Robert Buluma In the heart of California’s Salton Sea, momentum continues to build around what could become one of the most significant clean energy and battery-grade lithium projects in the world.  Controlled Thermal Resources (CTR) has just unveiled a major project update, underscoring the rapid development of its integrated lithium and renewable power facility — the Hell’s Kitchen Lithium and Power Project. A Project of Global Importance The Hell's Kitchen Project is no ordinary development. It represents a world-first in co-producing battery-grade lithium and baseload renewable power from the same geothermal brine source — a truly circular, zero-waste solution. As global demand for electric vehicles, battery storage, and clean energy skyrockets, CTR’s project stands as a beacon of innovation and sustainability. Progress on All Fronts CTR’s late...

A groundbreaking milestone has just been achieved in the geothermal world.  Quaise Energy a bold energy tech startup, is turning heads by drilling through granite—not with traditional bits, but with powerful millimeter-wave energy.  By :  Robert Buluma This disruptive technology could unlock near-unlimited geothermal power deep beneath the Earth’s surface. 💡 The Power Beneath Our Feet Beneath the Earth's crust lies a massive source of heat—superhot rock that, if harnessed, could power the planet many times over. The challenge? It's buried miles deep in unforgiving conditions where traditional drill bits melt, wear down, or fail completely. Enter  Quaise Energy revolutionary solution: vaporizing rock with directed energy. ⚙️ How It Works Instead of grinding rock with steel,  Quaise uses millimeter-wave energy—essentially high-powered microwaves. These waves are delivered through a special pipe to the rock face, where they instantly melt or vaporize hard mater...

Presidio, Texas – A quiet border town has just made a thunderous statement on the global stage of renewable energy. On May 22, the Presidio Municipal Development District (PMDD) and Exceed Geo Energy signed a groundbreaking  By:  Robert Buluma 110-megawatt geothermal power purchase agreement term sheet —a monumental move set to redefine the economic destiny of Presidio County. The deal was inked during the inaugural “Presidio Vision 2035” student competition, and it is already being hailed as the most consequential economic development initiative in the region’s modern history. With electricity output far exceeding current local demand, the project is poised to energize not just homes—but industries, data centers, manufacturing hubs, and high-value agricultural processing plants. “We’re not just powering lights—we’re powering futures,” said John T. Kennedy , PMDD Executive Director. “This geothermal commitment lays the foundation for transformative growth that will chan...

In the heart of Bucharest, Romania, a transformative urban regeneration initiative is underway , one that blends real estate innovation with a deeper commitment to sustainability.  By: Robert Buluma While the headlines highlight the rapid construction pace and job creation driven by over 1,000 workers on-site, the real story geothermal enthusiasts should ask is: Is geothermal energy playing a role in this sustainable vision? Urban Transformation with a Green Heart Vastint Romania’s project at Timpuri Noi Square is more than just another real estate development. It is a bold statement about the future of cities — combining modern architecture with ambitious sustainability targets. The development is pursuing LEED Platinum certification, one of the most stringent green building standards globally. That raises a vital question: can Bucharest’s geothermal potential be part of the strategy to reach such standards? Why Geothermal Energy Makes Sense for Bucharest Romania is part of a geol...

In a groundbreaking move set to reshape Tanzania’s energy landscape, Climate Action Africa (CAA) and the Tanzania Geothermal Development Company (TGDC) have officially launched a game-changing initiative: Undertaking Detailed Surface Study for Meru Geothermal Prospect .  Robert Buluma This dynamic collaboration marks the first Climate Action Africa partnership of its kind in Tanzania and holds the promise of transforming the nation’s energy future through geothermal power. A Vision Born at the Foot of Mount Meru The Meru Geothermal Prospect, nestled beneath the majestic Mount Meru in Northern Tanzania, is no ordinary site. It is a sleeping giant—an untapped source of clean, renewable, low-emission energy that could power thousands of homes and industries. With the support of the Government of Canada and technical partners like TownRock Energy (UK), Oxfam Consults, and Aquarius Resources, this venture is more than a project—it’s a leap forward in climate resilience and energy inde...

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...

Advancing National Security and Military Preparedness Through Geothermal Innovation By:  Robert Buluma The  United State Department of Defence (DOD) has officially designated several U.S. companies as ‘Awardable’ for the United States Air Force’s Geothermal for National Security and Military Preparedness initiative. This recognition, facilitated through the Tradewinds Solutions Marketplace, streamlines procurement processes by emphasizing innovation, scalability, and mission impact key factors in strengthening the nation’s energy resilience.   What Does ‘Awardable’ Mean?  Being labeled as ‘Awardable’ by the DOD means that these companies have met the stringent criteria required for direct contracting opportunities with the U.S. government. This designation simplifies the acquisition process and ensures that cutting-edge geothermal technologie can be rapidly deployed to support military bases and critical infrastructure.   The Role of Geothermal Energy...

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...

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...

Pioneering the Future of Geothermal Energy: Texas Leads the Way with Closed-Loop Systems By: Robert Buluma Vallourec's closed loop concept North of Houston, a transformative geothermal initiative is reshaping the energy sector. NOV, a key player in drilling and completions technology, has successfully completed an 11,500-foot closed-loop geothermal test well, marking a significant step forward in renewable energy development. This project highlights the growing potential of closed-loop geothermal (CLG) systems to redefine energy production. Ejen it comes to Geothermal,Innovation and Technology is key and we have seen alot of new findings lately. Unlocking New Possibilities in Geothermal Energy Unlike conventional geothermal systems that rely on naturally occurring underground water sources, CLG technology operates using a sealed system. A specialized heat transfer fluid circulates through a continuous loop, absorbing heat from deep underground rock formations and transporting it to...

Norway Takes a Giant Leap in Geothermal Energy: Qheat and Dhans Drilling Join Forces By: Robert Buluma Norway is making bold strides in the geothermal energy sector, with a groundbreaking collaboration between Qheat and Dhans Drilling. The two companies have signed a Letter of Intent to develop the country’s deepest geothermal well, aiming to reach an unprecedented depth of 4 kilometers. This landmark project is set to revolutionize Norway’s energy landscape, paving the way for deep geothermal solutions that can provide sustainable heating solutions for generations to come. A Partnership to Unlock Geothermal Potential Qheat, a leader in geothermal simulations and coaxial well design, brings its cutting-edge technology and expertise to the project. Their proficiency in designing and stimulating geothermal wells ensures the optimization of underground heat extraction, maximizing the potential of this renewable energy source. Hans Rinde, CEO of Dhans Drilling, emphasized the critical role...