Top 10 Geothermal Problems: Why a 24/7 Resource Still Struggles to Scale Image credit : Fida, C.E.O Geosilica... This is what scaling looks like downhole in geothermal pipes Intelligence; Strategy for the Geothermal Decade Geothermal energy is often presented as the clean firm resource that can support a renewable electricity system around the clock. It does not depend on sunshine, it can operate through calm weather, and it can provide heat and power for decades. Kenya already relies heavily on geothermal generation , Iceland uses geothermal heat across its economy, and next generation developers are now signing large power contracts with technology companies seeking reliable carbon free electricity. Yet the global geothermal sector remains small compared with solar and wind, with installed electricity capacity still near 16 GW. That gap is not caused by one obstacle. It is produced by a chain of interlocking problems involving geology, drilling, finance, permitting, public acce...
Türkiye’s Geothermal Pioneer: Gurmat Elektrik’s Landmark $380 Million Debut Bond Issuance By: Robert Buluma Introduction In a milestone transaction that underscores the growing maturity of Türkiye’s renewable energy financing landscape, Gürmat Elektrik Üretim A.Åž. (Gurmat Elektrik) successfully completed its debut international bond issuance on May 21, 2026, raising $380 million through senior secured amortizing notes due in 2035. The offering, met with overwhelming investor demand exceeding $800 million—more than double the amount initially sought—represents a watershed moment not only for the company but for the Turkish energy sector as a whole. Described as Türkiye’s first “project finance-style” Eurobond transaction in the energy sector, the transaction marks a significant evolution in how Turkish infrastructure and renewable energy companies can access international capital markets. With a nine-year tenor—the longest maturity achieved by a Turkish corporate issu...