Alphaxioms Geothermal News and Related Research Globally

Geothermal Energy Powers Iceland’s Food Revolution: The Algae Farm of the Future By:   Robert Buluma In the stark and otherworldly landscape of Iceland, geothermal energy is not just heating homes or generating electricity—it’s feeding the world. In the shadow of Iceland’s largest geothermal power station lies a futuristic farm run by Vaxa Technologies, where an unlikely crop is being cultivated: microalgae.   This groundbreaking facility showcases how geothermal energy can go beyond traditional uses to power innovative solutions for global challenges like food security and climate change.   Geothermal: The Unsung Hero of Sustainable Food Production   At Vaxa’s facility, the geothermal power station isn’t just a backdrop—it’s the engine driving the entire operation. Harnessing the Earth’s natural heat, the plant provides the resources needed to cultivate microalgae efficiently and sustainably.   The station supplies:   Clean El...

Cowi  to Spearhead 100MW Geothermal Power Plant Expansion in Iceland: A Leap Toward Renewable Innovation By:  Robert Buluma In a major stride toward sustainable energy development, Cowi , a leading engineering firm, has secured the design contract for the expansion of the Hellisheidi Geothermal Power Plant in Iceland. This ambitious project, driven by ON Power , will see the plant's capacity increase by 100MW, further solidifying Iceland's commitment to harnessing its geothermal potential.  The Hellisheidi plant, located just 18km from Reykjavik, serves as a cornerstone for Iceland's energy landscape, providing both electricity and hot water for domestic heating. With the ongoing expansion, the plant’s heating output will rise from 200MW to 300MW, ensuring more homes and businesses in Reykjavik benefit from geothermal energy. A Legacy of Excellence Cowi's  involvement in the Hellisheidi project dates back to its early phases, when the firm, formerly known as Mannvit ...

Green Energy Auction: ON Power Seeks Buyers for Sustainable Electricity By  Robert Buluma As the world's focus increasingly turns towards sustainable energy solutions, ON Power, a leading provider of clean electricity, is making waves with its latest initiative. With operations in the Hengill area and Burgarfjordur, ON Power is dedicated to providing sustainable energy solutions for their community needs and beyond. With the expiration of their current contract imminent, ON Power is actively seeking buyers for 150 MW of clean electricity generated from Geothermal and Hydropower plants. Through a European bidding platform, the company aims to secure buyers for the next 2-4 years. CEO Arni Hrannar emphasizes that transparency and fairness will be at the forefront of this process, ensuring that all stakeholders have equal opportunities to participate. "This initiative not only benefits the company but also contributes to a more energy-efficient future for all," states CEO Ar...