Alphaxioms Geothermal News and Related Research Globally

Mitsubishi Power to Boost Indonesia’s Geothermal Potential with Darajat Plant Retrofit By :  Robert Buluma The Darajat Geothermal power plant by Mitsubishi In a move to strengthen Indonesia's renewable energy sector, Mitsubishi Power, the renowned power solutions division of Mitsubishi Heavy Industries (MHI), has announced a major upgrade project for the Darajat Geothermal Power Plant, located in Garut, West Java. This ambitious retrofitting initiative, expected to wrap up in autumn 2026, is set to enhance the plant’s output and improve its operational reliability, propelling Indonesia closer to its sustainability goals. A Game-Changer in Sustainable Energy The Darajat Geothermal Power Plant, operated by Star Energy Geothermal Darajat II (SEG), has been a cornerstone of Indonesia's renewable energy infrastructure. Now, with the planned retrofit of Unit 3, Mitsubishi Power aims to increase the plant's power output from 121 megawatts (MW) to 129 MW, providing cleaner and more...

Powering the Future: Star Energy Group Bold Move Towards Geothermal Energy By: Robert Buluma In a groundbreaking move towards sustainable energy, Star Energy Group (AIM: STAR) has just announced the closing of a new €25 million secured facility with Kommunalkredit Austria AG (Kommunalkredit). This financial boost marks a significant step in Star Energy's transition strategy, particularly focusing on geothermal energy while maintaining investments in conventional oil and gas businesses. Chris Hopkinson, the CEO of Star Energy expressed his excitement, stating, "Securing this facility is an important milestone for Star Energy. It allows us to use cashflows from our existing oil and gas business to optimize near-term conventional production and deliver our transition strategy; namely developing and monetizing our geothermal business in both the UK and Croatia." Evidently,Oil and gas companies have been going Geothermal and Today we've found a new neighbor What makes th...