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...
The African Development Bank has approved a transformative $16.5 million loan to accelerate Kenya’s clean energy transition. By: Robert Buluma This funding will drive the construction of the 35 MW OrPower Twenty-Two ( OTTL ) Geothermal Power Plant in the Menengai geothermal field—a flagship renewable energy project set to deliver reliable, affordable, zero-emission baseload power straight into the national grid. Nestled in Kenya’s dramatic Rift Valley, north of Nakuru Town and about 180 km northwest of Nairobi, the Menengai geothermal field taps into one of the continent’s most promising sources of clean, sustainable energy. By harnessing the Earth’s natural heat deep underground, this project helps break Kenya’s dependence on expensive and polluting diesel generators. The OrPower Twenty-Two plant will be the third 35 MW facility in the Menengai field, complementing the already operational Sosian Menengai Geothermal plant and the under-construction Globeleq Menengai project (also supp...