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...

Green Tech International: Powering the Future of Geothermal Energy with a Successful IPO  By: Robert Buluma Bucharest, February 10, 2025 – Green Tech International S.A. (BVB ticker: GREEN), a trailblazer in geothermal energy solutions and the owner of one of Europe’s largest portfolios of deep geothermal wells, has announced the triumphant completion of its Initial Public Offering (IPO) on the Bucharest Stock Exchange. With shares priced at RON 15.00 (approximately EUR 3 per share), the company now boasts a market valuation of RON 1199 million (EUR 241 million). Trading officially kicked off on February 7, 2025, marking a significant milestone for the renewable energy sector.   Geothermal has been mincing companies long money and just recently we showcased how KenGen had surpassed its previous financial rakings with Geothermal being a key factor. This IPO unlocks access to an impressive EUR 135 million Subscription Facility from GEM Global Yield LLC SCS, a leading investm...