Alphaxioms Geothermal News and Related Research Globally

ON Power and Iceland Drilling Company Forge Path to a Sustainable Future in Hengill By: Robert Buluma Image: Iceland,Gunnhover Geothermal Area In a bold stride towards sustainable energy, ON Power has teamed up with Iceland Drilling Company to undertake a monumental project set to transform the Hengill area. This groundbreaking initiative will see Iceland Drilling Company drill eight production wells for ON Power between 2025 and 2027, a venture that promises to bolster Iceland's reputation as a leader in renewable energy. Árni Hrannar Haraldsson, the visionary CEO of ON Power, couldn't contain his enthusiasm as he spoke about the project. "It's crucial to harness the power of ON Power," he remarked, "Our resilience in producing hot water and electricity has been a cornerstone of our success, and this project will only enhance our capabilities." His confidence is rooted in ON Power's proven track record of sustainable energy production, a testament t

Unleashing Indonesia's Geothermal Potential: A Global Investment Frontier By: Robert Buluma In the heart of the Pacific Ring of Fire lies a treasure trove of untapped energy potential, waiting to be harnessed for the benefit of not just Indonesia, but the entire world. With an abundance of geothermal resources, Indonesia stands at the forefront of renewable energy innovation, attracting the attention of global investors eager to participate in the country's energy revolution. The recent surge of interest from international players such as Sarulla, Itochu, ORKA, Energy Development Corporation (EDC), Sumitomo, Marubeni, INPEX, Masdar, MOECO, Chevron, Fe, ACEN, UNOCAL, Ormat, Enel, Steag, Engie, Mitsubishi, Sumbawa Timur Mining, and Kyushu Electric Power underscores the immense potential of Indonesia's geothermal market. These companies recognize the strategic importance of Indonesia's geothermal resources and are committed to leveraging their expertise and capital to unlo

Powering the Future: HD ehf's Groundbreaking Venture with HS Orka in Svartsengi By: Robert Buluma In the heart of the Sudomes community lies a beacon of innovation and progress – the Svartsengi power plant. This bustling hub of energy production has long been a symbol of power and resilience in the region. However, a new chapter is about to unfold as HD ehf, a leading player in the energy sector, embarks on a transformative journey with HS Orka to expand this vital facility. In a monumental agreement signed on March 8th, HD ehf committed to equipping and expanding the Hs Orka power plant in Svartsengi. This partnership signifies not only a significant investment in infrastructure but also a bold step towards shaping the future of sustainable energy. The scope of the project is nothing short of awe-inspiring. From material procurement to construction and installation, every aspect has been meticulously planned to ensure seamless execution. Platforms, stairs, pipe supports, and a sop