Italy’s FER2 Auction Approves Two Zero‑Emissions Geothermal Projects — What It Means for the Market Overview: FER2’s first geothermal auction and the winners Italy’s FER2 incentive mechanism — established by the Ministry of the Environment and Energy Security (MASE) to stimulate renewable investment through long‑term Contracts for Difference (CfDs) — has completed its first geothermal tender, awarding favourable rankings to two zero‑emissions projects with a combined capacity of 29.4 MW. The auction aimed to allocate a dedicated 30 MW quota for geothermal plants that operate with no net emissions, and it selected: - Pola 1: a 24.4 MW project in Jolanda di Savoia, Ferrara. - ITW & LKW Geotermia Italia: a 5 MW plant in Castel Giorgio, Terni. Two other bids — a 12.69 MW project in Castelnuovo di Val di Cecina by Magma Energy Italia and a 5 MW proposal in Monterotondo Marittimo from Enel Green Power Italia — were excluded from the final rankings. The FER2 framework sets explicit timeli...
Geothermal Investment Opportunities in Kenya: Why Global Investors Are Watching Africa By: Robert Buluma The center of gravity in the global geothermal energy industry is shifting. For decades, Iceland, the United States, and Indonesia have dominated the narrative of geothermal power. But in 2026, a new epicenter is emerging: the Great Rift Valley of Kenya. The evidence is unmistakable. In April 2026, Kenya officially surpassed 1,000 megawatts of installed geothermal capacity, cementing its status as the 7th largest geothermal producer globally and the undisputed leader in Africa. At the World Geothermal Congress 2026 in Calgary, Kenya’s Energy and Petroleum Regulatory Authority issued a direct call to global financiers and developers to participate in what is rapidly becoming the world’s most dynamic geothermal frontier. For institutional investors, infrastructure funds, and independent power producers seeking stable, long-term yields in renewable energy, the thesis is compelli...