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...
Ormat Raises $875 Million in Landmark Geothermal Financing Deal: Fueling the Next Era of Clean, Reliable Power By Alphaxioms Geothermal Insights | March 19, 2026 In a clear vote of confidence from institutional investors in the geothermal sector, Ormat Technologies, Inc. (NYSE: ORA) has successfully priced an upsized $875 million offering of convertible senior notes. Announced on March 18, 2026, the deal consists of $725 million in 1.50% Series A notes and $150 million in 0.00% Series B notes, both due in 2031. The offering was increased from an initial $750 million target due to overwhelming demand, underscoring the growing appetite for established geothermal players amid surging electricity needs from AI data centers and the global energy transition. This isn't just another corporate financing round—it's a geothermal milestone. Ormat , a vertically integrated leader in geothermal power with over six decades of experience, is using the capital to refinance older debt, repur...