ALPHAXIOMS Geothermal News & Energy Research

Turkey’s Geothermal Sector Wants a Faster Path to Growth By: Robert Buluma Image: A Turkish Geothermal Power Plant  Turkey’s geothermal industry is asking for a simpler permitting system that could speed up investment, cut delays, and help the country reach its 2035 energy targets more efficiently. With installed geothermal power already at 1,800 MW, the sector says it is ready to scale to 4,500 MW and beyond if approval processes are streamlined without weakening environmental safeguards. A $10 Billion Expansion Is on the Table The industry’s growth plans are tied to roughly $10 billion in projected investment over the next decade. That capital would support new geothermal plants, drilling, land acquisition, environmental approvals, licensing, and grid-connected generation assets. For investors, the opportunity is significant: geothermal offers firm, dispatchable renewable power, which makes it strategically valuable in a system that increasingly needs stable clean energy. The Cas...

Geothermal Greenlight: How PGEO Just Unlocked $477 Million and a 40% Profit Surge By: Robert Buluma   If you follow clean energy in Southeast Asia, you already know the name: PT Pertamina Geothermal Energy Tbk (PGEO). But unless you've been staring at their Q1 earnings and the Indonesian government's newly released Green Book 2026, you might have missed just how massive this moment really is. In the span of one week, PGEO did two things that most renewable energy companies only dream of: 1. Secured $477.87 million in low-cost, sovereign-backed international funding. 2. Reported a 40% year-on-year net profit surge — to $43.90 million — on record electricity generation. That is not a coincidence. That is a flywheel . In this deep-dive blog post, we're going to unpack exactly what happened, why it matters for Indonesia's net-zero future, and how PGEO is quietly becoming one of the most compelling geothermal stories on the planet. Let's get into it. The Headline That ...

Exergy’s Revenue Boom: How High-Tech Geothermal Engineering Is Driving a New Industrial Growth Wave By: Robert Buluma   In the global renewable energy sector, few stories illustrate the speed of industrial transformation as clearly as that of Exergy, an Italian-origin engineering company specializing in geothermal and Organic Rankine Cycle (ORC) power systems. In just five years, the company has moved from modest revenues of around €8 million to projections approaching €80 million, marking one of the most rapid growth trajectories in the geothermal equipment manufacturing space. This expansion is not accidental or purely cyclical. It reflects a broader structural shift in global energy demand, where industrial decarbonization, deep geothermal exploration, and heat recovery systems are becoming central pillars of the energy transition. Exergy has positioned itself at the intersection of these trends, leveraging advanced turbine design, international expansion, and a strong intelle...

CTR’s American Critical Resources Listing: A Game-Changer for Geothermal Energy and Critical Minerals in the U.S. By:  Robert Buluma Controlled Thermal Resources (CTR) is leading U.S. geothermal energy innovation and critical mineral production. Discover how the planned public listing of American Critical Resources (ACR) strengthens energy security, lithium supply, and investment opportunities. Controlled Thermal Resources : Leading U.S. Geothermal Innovation Controlled Thermal Resources (CTR) is at the forefront of geothermal energy development in the United States, particularly in California’s Salton Sea region. The company’s integrated approach combines renewable power generation with the extraction of critical minerals, including lithium, essential for electric vehicles (EVs) and energy storage technologies. CTR’s dual-impact model ensures that every megawatt of clean energy also contributes to securing vital minerals domestically, positioning the U.S. as a strategic player i...