Újbuda Gets Approval to Explore Its Geothermal Energy Potential Budapest’s Újbuda district has received approval to examine whether geothermal energy can contribute to its future heating and energy needs. The decision places one of the capital’s most densely populated districts at the centre of Hungary’s broader effort to make better use of its underground thermal resources. The approval does not mean that a geothermal power plant or district-heating system will be built immediately. Instead, it allows the district and its partners to investigate the geological conditions, technical feasibility, environmental implications and financial requirements of using heat stored beneath the city. The project could eventually support cleaner heating, reduce dependence on imported natural gas and strengthen Budapest’s energy resilience. Its success, however, will depend on careful geological research, responsible water management, transparent public consultation and a realistic financing model. Wh...
Revolutionizing Renewable Energy: Ormat Technologies' Geothermal Power Plant in Guadeloupe By : Robert Buluma In a significant leap towards a sustainable future, Ormat Technologies, Inc. has announced the signing of a groundbreaking Power Purchase Agreement (PPA) with Electricité de France (EDF) for the development of a new geothermal power plant on the picturesque Island of Guadeloupe. This partnership marks a pivotal moment in the renewable energy sector, emphasizing the crucial role of geothermal energy in combating climate change and fostering global energy transition efforts. Driving Sustainable Energy Solutions Ormat Technologies, a leading renewable energy company with over five decades of experience, continues to spearhead innovation in the field of geothermal power generation. The new 10MW geothermal power plant will complement Ormat’s existing 15MW Bouillante geothermal power plant, consolidating its position as a key player in the renewable energy landscape. Harnessing t...