Alphaxioms Geothermal News and Related Research Globally

A groundbreaking partnership to commercialize Enhanced Geothermal Systems (EGS) and redefine clean energy for the AI era By:  Robert Buluma In a major leap for global clean energy innovation, SLB  (NYSE: SLB) and Ormat  Technologies (NYSE: ORA) have announced a strategic partnership aimed at fast-tracking the development and deployment of integrated geothermal assets , including Enhanced Geothermal Systems (EGS)   the next frontier in geothermal technology. Unveiled on October 27, 2025 , this collaboration brings together SLB’s deep expertise in subsurface engineering and well construction with Ormat’s six-decade legacy in geothermal power plant development and operations . The goal? To unlock the Earth’s untapped heat potential and make geothermal energy accessible far beyond conventional hydrothermal hotspots. 🔥 The Future of Geothermal: Enhanced Geothermal Systems (EGS) Traditional geothermal relies on naturally occurring steam or hot water reservoirs. E...

Halliburton  Awarded Lithium Well Project by  GeoFrame Energy   A Major Step Toward Sustainable Lithium and Geothermal Integration By:  Robert Buluma In a groundbreaking development for the U.S. energy sector,  Halliburton (NYSE: HAL) has been awarded a major contract by GeoFrame Energy for a geothermal and Direct Lithium Extraction (DLE) project set to take shape in the Smackover Formation of East Texas. This partnership marks a pivotal moment for both the lithium and geothermal industries, combining innovation, sustainability, and proven engineering expertise. According to the announcement, Halliburton will plan and design the first demonstration phase wells, with work expected to commence in late 2025. The collaboration aims to accelerate the development of America’s domestic lithium production capacity  a critical step as global demand for lithium continues to surge due to the rapid growth of electric vehicles and energy storage systems.  “G...

Košice Turns Up the Heat: Geothermal Energy to Warm the City After 30 Years in Waiting By: Robert Buluma After three decades of anticipation, the city of Košice, Slovakia, is finally set to tap into one of the Earth’s cleanest and most sustainable energy sources geothermal heat. On Wednesday, drilling begins on the long-awaited project “Utilization of Geothermal Energy in the Košice Basin”, marking a major leap toward energy independence and carbon neutrality for Slovakia’s eastern metropolis. From the site of Svinica–Ďurkov, a new deep geothermal well will be drilled, expected to reach a temperature of 135°C and a flow rate of 55 liters per second. Two reinjection wells each plunging roughly 3,700 meters deep  will accompany the main production well, ensuring a closed-loop system that reuses and reheats the geothermal water beneath the Earth’s surface. The third and final well is expected to be completed by mid-2026. Turning Vision into Reality The geothermal heating project is be...

INNARGI  and  H. Anger’s Söhne Seal a Groundbreaking Geothermal Drilling Deal for Denmark and Germany By:  Robert Buluma In a major stride toward Europe’s clean energy ambitions, Innargi A/S, a leading Danish geothermal developer, has entered into a three-year framework agreement with H. Anger’s Söhne Bohr- und Brunnenbaugesellschaft mbH, one of the continent’s most experienced drilling companies. The deal covers the provision of drilling rig services for geothermal projects across Denmark and Germany, marking a significant advancement in the region’s pursuit of sustainable, low-carbon district heating. Under the agreement, approximately 20 deep geothermal wells will be drilled over the next three years, each designed to supply renewable and stable heat to communities. These wells will utilize the City Rig 500, one of Europe’s quietest and most technologically advanced rigs — developed jointly by Anger and Herrenknecht Vertical. The City Rig 500’s design is tailored spec...

Turboden ,  Fervo and the Future of Geothermal: 180 MW of Gen-2 ORC Plants for Cape Station, Utah By:  Robert Buluma October 2, 2025    In a landmark move for clean energy and geothermal power, Turboden America LLC   the U.S. arm of Turboden S.p.A. (a Mitsubishi Heavy Industries group company)  has been selected to supply 180 MW of Gen-2 Organic Rankine Cycle (ORC) power plants for Fervo Energy’s Cape Station geothermal project in Utah. A New Milestone in Geothermal Deployment This award relates to Phase II of the Cape Station development, following  Turboden’s earlier participation in Phase I. Under Phase II, Turboden will provide three ORC units , each with a gross output of 60 MWe, summing to 180 MWe. Once installed and operational (targeted by 2028), these Gen-2 units will bring the total ORC capacity on site to 300 MWe , making Cape Station one of the largest geothermal installations globally. The earlier Phase I installation, invol...

Jakarta, September 2025   In a move that could change how Indonesia leverages its enormous geothermal endowment, PT Pertamina Geothermal Energy Tbk  (PGE) and PT  Toyota Motor Manufacturing Indonesia (TMMIN) signed a joint declaration to develop a green hydrogen ecosystem in Indonesia.  By:  Robert Buluma The announcement  made at the 11th Indonesia International Geothermal Convention & Exhibition (IIGCE) in Jakarta  signals an ambition to turn geothermal heat into a strategic feedstock for low-carbon fuels and industrial feedstocks, not just electricity. Why this matters Indonesia sits on some of the world’s richest geothermal resources. Traditionally those resources have been used to generate baseload electricity; PGE’s partnership with Toyota broadens the conversation: use geothermal power and heat to produce green hydrogen, then convert that hydrogen into transport fuels, ammonia, methanol, or industrial hydrogen for heavy industry. That pivot...

Medco Power  Kicks Off Geothermal Drilling in Bonjol, Targeting 60 MW Clean Energy By:  Robert Buluma Pasaman, West Sumatra – Indonesia’s transition to clean energy has reached another milestone as PT Medco Power Indonesia , through its subsidiary PT Medco Geothermal Sumatra,  officially began drilling its first geothermal exploration well in Bonjol, Pasaman Regency. The inaugural well, BNJ-1 , was spudded on 11 September 2025 in a ceremony attended by the Governor of West Sumatra, Mahyeldi Ansharullah ,  Medco Power President Director Eka Satria , local government leaders, traditional community representatives, and local stakeholders. A Step Toward 60 MW of Renewable Power This drilling marks the first of two planned wells, with a total estimated potential of 60 MW of clean electricity. The project, categorized as part of Indonesia’s National Strategic Projects under the Electricity Supply Business Plan (RUPTL 2025–2034), is expected to be completed by the ...

A Global Journey in Geothermal: Insights from an Industry Expert From Iceland’s pioneering geothermal plants to Kenya’s wellhead projects and Indonesia’s remote fields, few By: Robert Buluma Image: Lydur skulason with a geothermal well head  professionals have had as wide-ranging a journey in geothermal as Lydur Skulason With decades of hands-on experience in marine engineering, power plant operations, and international project management, he has combined technical expertise with global collaboration to help shape the sector’s growth. In this conversation, he shares lessons from his career, insights on geothermal innovation, and his vision for the future of clean energy. Career & Experience Can you walk us through your career in geothermal and how it began? I began my career in Iceland, where geothermal energy is a natural part of daily life and a cornerstone of the national energy system. After studying Marine Engineering and Mechanical Technology at  Reykjavik Univ...

Szczecin Bets on Geothermal Energy: Tender Announced for First Exploration Well By:  Robert Buluma On September 23, 2025, the city of Szczecin officially launched a tender for the construction of its first geothermal exploration well at Dąbska Street. This marks a major milestone in the city’s energy transition, as Szczecin looks to tap into the natural heat beneath its soil as a modern and sustainable energy source. Backed by National Environmental Funding The investment is valued at 12.9 million PLN, with most of the financing secured from the  National Fund for Environmental Protection and Water Management (NFOŚiGW). The project is part of the national program “Making Thermal Waters Available in Poland”, which supports municipalities in exploring and utilizing geothermal energy for heating and power generation. Thanks to this funding, Szczecin plans to drill the Szczecin GT-2 well to a depth of nearly 2,000 meters. At this depth, experts expect to encounter geothermal water...

Zanskar  Strikes Geothermal Steam Again: A New Era in Clean Energy By:  Robert  Zanskar's Geothermal and Minerals , a trailblazer in AI-native geothermal exploration, has achieved another significant milestone by uncovering a substantial geothermal reservoir in northern Nevada. This discovery marks a pivotal moment in the company's mission to revolutionize the geothermal energy sector. Innovative Approach to Geothermal Exploration Founded in 2019, Zanskar has been at the forefront of integrating artificial intelligence with geothermal exploration. By leveraging advanced machine learning algorithms and subsurface data, the company has been able to identify geothermal resources that were previously overlooked or deemed too risky. This approach has not only accelerated the discovery process but also significantly reduced the costs associated with geothermal development. The Northern Nevada Discovery The recent discovery in northern Nevada is particularly noteworthy. Utilizin...

Robert Buluma :  Alphaxioms Responses were provided by Jeanine Vany, Executive Vice-President of Corporate Affairs, Eavor . Can you explain the key technological advancements in the latest iteration of the Eavor-Loop™ system? We have made a number of technological advancements at our project in Geretsried Germany . This includes innovation and learning resulting in dramatic improvements in our drilling performance and we’re proud to talk about our technology. For example, Eavor recently announced successful implementation of our in-house AMR (active magnetic ranging) tool which makes drilling more accurate and efficient. Eavor-Link™ AMR uses magnetic ranging while drilling to maintain constant alignment as it drills two wells at approximately 100 metres apart before they are intersected to create a continuous geothermal loop, which is then sealed with Eavor’s proprietary Rock-Pipe™ formula. With real-time data transmission between downhole sensors, the technology ensures tighter bo...