Who Is Really Funding Next-Gen Geothermal in 2026? Next-generation geothermal has moved beyond laboratory research into a capital-intensive commercialization phase. In 2026, the most important financing is no longer coming from one investor category: venture capital funds are financing drilling, subsurface modelling and hardware; strategic energy companies are providing equipment, project access and market credibility; banks are beginning to lend against contracted projects; and governments are absorbing exploration and first-of-a-kind technology risk. The strongest financing activity is concentrated in the United States and Canada, but Europe is becoming increasingly important through Germany-based deployment, European Union grants, UK innovation support, and strategic participation from European energy companies. The central investment question is changing from “Can this technology work?” to “Can the developer deliver repeatable, financeable projects at commercial cost?” The 2026 fun...
Expro Powers Europe’s Energy Future with Landmark Lionheart Geothermal Project A New Era for Geothermal and Lithium Extraction in Europe By: Robert Buluma Europe’s clean energy transition has reached a defining moment. In a bold and strategic move, has secured a critical role in one of the continent’s most ambitious renewable energy initiatives—the Lionheart Project in Germany. Developed by in collaboration with , the project is not just another geothermal development—it is a convergence of energy innovation, resource security, and climate ambition. At the heart of this development lies a dual-purpose vision: generating geothermal energy while extracting lithium, a critical mineral essential for batteries powering electric vehicles and renewable energy storage systems. As global demand for lithium surges, projects like Lionheart are becoming increasingly vital—not only for energy independence but also for economic resilience. The appointment of Expro to deliver well testing...