Alphaxioms Geothermal News and Related Research Globally

XGS Energy Rides the Geothermal Wave with Major Funding Boost In a significant stride towards a sustainable energy future, Baltimore-based energy producer Constellation Energy has led a robust $9.7 million funding round for XGS Energy. This marks the third geothermal startup this year to secure substantial investment, showcasing a promising trend in the industry. Geothermal energy, harnessed from the Earth's heat beneath its surface, has long held potential as a reliable power source. XGS Energy, armed with its cutting-edge Thermal Reach Enhancement (TRE) technology, is at the forefront of this transformative wave. Unlike solar or wind power, geothermal energy provides a constant source of electricity, making it an ideal complement to intermittent renewable sources. The challenge, however, lies in overcoming drilling costs and the geographical limitations that have hindered the widespread adoption of geothermal energy. XGS's TRE technology employs a single drill to reach hot ro...

Strengthening Power Ties: PT PLN(Persero) and Tanesco Collaborate on Digital Transformation and Geothermal Energy. In a significant stride towards sustainable energy solutions and digital evolution, PT PLN(Persero), Indonesia's state-owned electricity company, and Tanzania Electric Supply Company Limited (Tanesco) have joined hands in a strategic collaboration. This partnership aims to propel PT PLN's digital transformation initiatives and harness the vast potential of geothermal energy. Digital Transformation in Power Sector: As the global energy landscape undergoes rapid changes, digital transformation becomes imperative for utilities to enhance efficiency, reliability, and environmental sustainability. PT PLN's collaboration with Tanesco signifies a shared commitment to embracing cutting-edge technologies to optimize power generation, distribution, and customer service. Key Focus Areas of Collaboration: 1. Smart Grid Implementation: The collaboration will see the impleme...

Unveiling the Potential: Tender Geothermal Exploratory Drilling in Ziarned Hronom, Slovakia In the pursuit of sustainable and clean energy sources, Ziarned Hronom in Slovakia is taking a significant leap towards a greener future with its tender for geothermal exploratory drilling. The project aims to harness the Earth's natural heat reservoirs, providing an installed capacity of 6.3 to 6.5 Megawatts electric (MWe) to power approximately 20,000 households. What sets this initiative apart is its commitment to not only generate electricity but also utilize excess heat for direct and practical purposes. Geothermal energy has long been recognized as a reliable and eco-friendly alternative to traditional fossil fuels. By tapping into the Earth's internal heat, Ziarned Hronom's geothermal project is poised to make a substantial impact on the local energy landscape. The tender for exploratory drilling represents a crucial step in uncovering the true potential lying beneath the surf...

"Career Opportunity at KenGen: Geoscientific Manager in Geothermal Energy" Kenya Electricity Generating Company (KenGen) is currently seeking a qualified and experienced individual for the position of Geoscientific Manager in the field of Geothermal Energy. This role comes with a range of exciting responsibilities and requirements, making it an ideal opportunity for seasoned professionals in the geosciences. Job Description: As the Geoscientific Manager, the successful candidate will be entrusted with the following key responsibilities: 1. Geoscientific Surface Exploration Programs: Oversee and manage geoscientific surface exploration programs, contributing to the development of conceptual models. 2. Resource Assessment and Development: Direct activities related to resource assessment and development, ensuring efficient utilization of geothermal reservoirs. 3. Geophysical and Geochemical Monitoring: Administer monitoring programs for geophysical and geochemical aspects of the...

CeraPhi Energy Partners with Climate Change Ventures to Accelerate Geothermal Innovations UK-based CeraPhi Energy has entered into a strategic partnership with Climate Change Ventures (CCV), a renowned financial services and green project development specialist. This collaboration aims to facilitate significant investment in CeraPhi's innovative portfolio of projects, focusing on harnessing the earth's natural heat reservoirs. CeraPhi is at the forefront of pioneering advanced "closed-loop" geothermal technologies, a groundbreaking approach that repurposes end-of-life Oil and Gas wells in a cost-effective and highly efficient manner. This innovative method offers a sustainable solution for repurposing redundant infrastructure while providing 24/7 supplies of heat and derived energy at attractive production costs. Climate Change Ventures will play a pivotal role in this collaboration by utilizing a "Green Bond" mechanism to secure project finance. This financ...

  Provision of MT, TDEM, and Gravity Data Acquisition Services in the Candradimuka Geothermal Field Tender Number: 001.PLL/PST.PBJ-GDE/I/2024 Duration: 180 calendar days from the issuance of SPMK Location: Banjarnegara Regency, Central Java Procurement Method: Tender with Post-qualification REGISTRATION AND COLLECTION OF WORK PLAN AND TERMS Days: Monday, Tuesday, & Wednesday Dates: January 29-31, 2024 Method: Email to procurement@geodipa.co.id Time: 10:00 AM – 3:00 PM WIB REGISTRATION REQUIREMENTS AND RKS DOCUMENT COLLECTION Interested participants must email procurement@geodipa.co.id to receive instructions for transferring the RKS document replacement fee of Rp500,000. Submit a scanned ID card, Rp10,000 stamped power of attorney from the company's leader (if delegated), and proof of payment to procurement@geodipa.co.id. RKS EXPLANATION Day: Thursday Date: February 1, 2024 Venue: Online Meeting Time: 10:00 AM – Completion QUALIFICATIONS FOR PROCUREMENT PARTICIPANTS Business en...

Spain's Ambitious Geothermal Endeavors Receive Significant Funding and Collaborative Efforts Spain is making substantial strides in its commitment to sustainable energy, particularly in the realm of geothermal exploration. The latest development sees a noteworthy Euro 120 million funding injection from the Ministerio para la Transición Ecológica y el Reto Demográfico, paving the way for groundbreaking initiatives across the Canary Islands and mainland Spain. Canary Islands Geothermal Studies: Repsol, a key player in the energy sector, is set to conduct geothermal studies in Tenerife, La Palma, and Madrid. This collaborative effort with the Universidad Autónoma de Madrid signifies a strategic partnership between industry and academia, aiming to deepen our understanding of geothermal potential in these regions. Moreover, Tenerife is witnessing a unique private-public partnership between the Technological Institute of Renewable Energy (ITER) and Disa Renewables. This collaboration is ...

Unveiling the Power Beneath: A Global Geothermal Market and Technology Assessment by IRENA and IGA Introduction: In a world striving for sustainable energy solutions, the International Renewable Energy Agency (IRENA) and the International Geothermal Association (IGA) have joined forces to unveil a comprehensive Global Geothermal Market and Technology Assessment. This groundbreaking report delves deep into the potential, challenges, and advancements within the geothermal energy sector, shedding light on a renewable resource that holds immense promise for a greener future. The Current Geothermal Landscape: The assessment begins by providing a thorough analysis of the current global geothermal landscape. Highlighting key market trends, regional disparities, and the evolving technology landscape, the report offers a panoramic view of the status quo. It emphasizes the role geothermal energy plays in the transition to cleaner, more sustainable energy sources. Market Potential and Opportuniti...

 Narok Governor and GDC Forge Partnership for Suswa Geothermal Field Development In a significant step towards harnessing the vast potential of geothermal energy in Narok County, Governor Patrick Ole Ntutu and representatives from the Geothermal Development Company (GDC) recently signed a collaboration framework agreement. This agreement marks a crucial milestone in the joint effort to market and utilize geothermal energy within Narok County, specifically in the Narok East constituency. The focal point of this collaboration is the Suswa Geothermal Field, a region known for its significant geothermal resources. The Suswa Geothermal Field, located in the Rift Valley, has long been identified as a prime location for geothermal energy extraction. With the collaboration framework agreement in place, the Narok County government, under Governor Ntutu's leadership, and GDC aim to capitalize on this valuable resource for sustainable energy development. The signing ceremony, attended by key ...

 The Top 10 Geothermal Producing Countries in the World Geothermal energy, harnessed from the Earth's internal heat, has emerged as a sustainable and reliable source of power. As countries around the globe shift towards cleaner energy alternatives, geothermal power plays a pivotal role in reducing carbon emissions and meeting the growing demand for electricity. Here are the top 10 world geothermal producing countries, showcasing their commitment to harnessing the Earth's natural heat. 1. United States:    The United States leads the world in geothermal energy production, with vast resources located primarily in the western states. States like California and Nevada boast numerous geothermal power plants, contributing significantly to the country's renewable energy portfolio. 2. Philippines:    The Philippines is a geothermal powerhouse in Asia, ranking second globally in geothermal energy production. The country's unique geological setting, characterized by activ...

Argeo-10 Conference in Tanzania: Paving the Way for Sustainable Geothermal Energy The Argeo-10 Conference, set to unfold in Tanzania, promises to be a milestone event in the realm of geothermal energy. Scheduled to cover a spectrum of crucial topics, the conference is poised to gather experts, policymakers, and stakeholders from across the globe, fostering collaboration and knowledge exchange. Geothermal Power Generation: Unleashing Earth's Energy Potential One of the pivotal focal points of Argeo-10 is Geothermal Power Generation. Delegates will delve into cutting-edge technologies and innovations driving efficient and sustainable electricity production harnessing the Earth's geothermal resources. From advancements in turbine technology to breakthroughs in reservoir management, the conference aims to propel geothermal power generation into the forefront of renewable energy solutions. Geothermal Direct Use Applications: Beyond Electricity Argeo-10 recognizes that geothermal ene...