Alphaxioms Geothermal News and Related Research Globally

KenGen’s Remarkable Half-Year Profit Growth: A Testament to Geothermal Energy's Potential By:  Robert Buluma A picture of an Olkarian Giraffe in KenGen Olkaria poised taking a glimpse of Mercy Rono's lense in the Geothermal Field In a groundbreaking financial report released on February 6, 2025, the Kenya Electricity Generating Company (KenGen) PLC announced a remarkable 79% growth in its half-year profit. This milestone underscores KenGen's resilience and leadership in the energy sector, particularly its commitment to renewable energy, with geothermal energy taking center stage.   Driving Growth Through Geothermal Energy   Given that Kenya is geographically located in the Great Rift Valley geothermal well endowed section of the world  it is much easier  For the country to surpass the 1 GW geothermal mark and even disrupt the global geothermal market. Give that companies like Kengen are the main pivots in this field KenGen’s net profit soared to Ksh.5....

ABB and Sage Geosystems Unearth Geothermal Energy Opportunities By: Robert Buluma In a groundbreaking move towards a greener, more sustainable future, ABB and Sage Geosystems have signed a Memorandum of Understanding (MoU) to revolutionize energy storage and geothermal power generation. This collaboration is set to unlock the immense potential of geothermal energy, which could power over 65 million homes in the U.S. alone. We reported earlier on how Sagegeosystems partnered up with another strategic company for a 3MW of geothermal energy, dive in for an exclusive touch. A Bold Step Toward Clean Energy Solutions By tapping into the earth’s core heat, ABB and Sage Geosystems aim to deliver clean, reliable, and on-demand energy through their innovative Geopressured Geothermal Systems (GGS). This technology not only produces sustainable electricity but also serves as an energy storage solution that pairs seamlessly with intermittent renewable resources such as solar and wind. Cindy Taff, C...

Zanskar's Lightning Dock: A Game-Changer for Geothermal Energy By: Robert Buluma In a bold move that underscores their unwavering commitment to geothermal energy innovation, Zanskar has made headlines with a groundbreaking development at the Lightning Dock geothermal power plant. Betting on an underperforming resource, the company has not only turned the site around but delivered a world-beating gusher that validates their ambitious vision.   The Rise of Lightning Dock Zanskar's strategy has always been clear: harness modern data collection techniques and advanced statistical tools to unlock geothermal sites previously overlooked by the industry. Their efforts over the past three years have led to the discovery of numerous potential hotspots, proving that geothermal has far more untapped potential than previously believed.   Together with XGS energy, Zanskar is well poised to redefine the geothermal energy drilling sector with proven breakthroughs and a financial mus...

Deep Earth Energy  Energy Partners with SLB : Ushering in a New Era of Geothermal Innovation in Canada   By: Robert Buluma In an ambitious leap towards redefining Canada's energy landscape, DEEP Earth Energy Production Corp.  Deep has joined forces with global energy technology leader  SLB (NYSE: SLB). This groundbreaking partnership aims to drive the development of Canada's first next-generation geothermal project in southeastern Saskatchewan. The project promises up to 30 MW of emissions-free baseload power once the initial two phases are complete — a significant milestone for Canada's renewable energy future.   In addition to this partnerships ,SLB has been on the forefront in geothermal capacity building even marging with Universitys Overcoming Geothermal Barriers with Innovation   Canada boasts enormous geothermal potential, but the sector has largely remained untapped due to economic and technical challenges. Conventional extraction m...

Revolutionizing Well Inspections:  Zerlux Hungary Cutting-Edge Downhole Cameras By:  Robert Buluma In the ever-evolving world of geothermal and energy exploration, innovation is the key to unlocking efficiency and safety. One company making waves in this domain is Zerlux Hungary , renowned for its state-of-the-art downhole camera technology.   This is not the first time we are showcasing innovative approaches towards unearthing the heat beneath our feet as should you have missed the Borobotics drilling worm this piece tastes sweet with a hot cup of coffee. Designed to thrive in high-temperature and challenging environments,  Zerlux's downhole cameras provide operators with a direct, real-time view of well conditions a game-changer for the oil, gas, and geothermal sectors. These advanced tools are engineered to withstand the extreme conditions found deep within wells, offering critical insights that enhance decision-making, ensure operational safety, and boost ...

Teverra's  AI-Driven Innovation Set to Revolutionize Clean Energy Well Drilling  By:  Robert Buluma Department of Energy Awards $1.2 Million Grant for Real-Time Drilling Risk Management  ATLANTA, January 30, 2025 — In a groundbreaking move for clean energy technology, Teverra LLC has secured a $1.2 million grant from the U.S. Department of Energy (DOE). The funding will propel the advancement of Teverra’s Drilling Dynamics Geomechanics (DDG™) technology into real-time capabilities, setting the stage for a transformative era in subsurface drilling operations.   Geothermal drilling, For day ones they will attest that it could take atleast half the amount of coming up with a geothermal power plant. However this is no longer the case when we think of this groundbreaking breakthrough which was recently unearthed Spearheaded by Dr. Hamed Soroush,  Teverra's founder and CEO, this initiative promises to tackle some of the most critical challenges in CO2 stora...

Geothermal Technology Office  and  ConnectWerx Launch $19 Million Initiative to Enhance Regional Geothermal Data Collection By: Robert Buluma The U.S. Department of Energy's (DOE) Geothermal Technologies Office (GTO) , in collaboration with ConnectWerx , has announced a substantial funding opportunity aimed at strengthening geothermal data collection across various U.S. regions. This $19 million initiative seeks to identify and address regional data gaps, thereby promoting further geothermal exploration and development. The US Department of Energy has been very much supportive in Geothermal Energy fasttracking  initiatives that  are rewriting the geothermal energy saga globally with proven yet nerve shredding unveiling unfoldings in this less known yet very much instrumental industry Objective of the Initiative The primary goal of this funding opportunity is to establish regional partnerships that will: - Identify existing gaps in geothermal data. - Prioritize and p...

Nevis Takes a Bold Leap Towards Energy Independence: The Geothermal Energy Project Gains Momentum By:   Robert Buluma In the heart of the Caribbean, the small but mighty island of Nevis is making waves with its ambitious Geothermal Energy Project. Under the leadership of the Honourable Mark Brantley, Premier of Nevis and Minister of Energy, the Nevis Island Administration (NIA) is taking strategic steps to bring this transformative vision to life. For a nation known for its lush landscapes and vibrant culture, this project represents more than just energy—it’s a promise of sustainability, independence, and a brighter future for generations to come.   Geothermal Energy is gaining traction with companies from oil and gas even investing in this new gem as articulated in this article A Vision Rooted in Resilience   The journey to harness geothermal energy on Nevis has been anything but smooth. Premier Brantley recently provided a comprehensive update on the pro...

Harnessing Geothermal Energy Alongside Oil: A Global Case Study   By:  Robert Buluma Geothermal energy, the heat derived from the Earth’s core, has long been recognized as a sustainable and reliable energy source. However, its integration with the oil and gas industry is a relatively new and exciting development. This case study explores how geothermal energy is being harnessed alongside oil globally, highlighting innovative projects, technological breakthroughs, and the synergies between these two industries.   The Synergy Between Geothermal and Oil Industries This Geothermal Decade saw a rise in Oil and Gas companies vouching for Geothermal Energy The oil and gas industry brings decades of expertise in subsurface exploration, drilling, and reservoir management—skills that are directly transferable to geothermal energy development. Both industries rely on similar technologies, such as directional drilling, hydraulic fracturing, and high-temperature equipment, m...

Borobotics  Revolutionizes Geothermal Energy: The Rise of Autonomous Drilling Technology By: Robert Buluma In the quest to curb global emissions and accelerate the clean energy revolution, geothermal energy is finally having its moment in the spotlight. With groundbreaking technologies emerging, one company stands out Borobotics . This Swiss startup is poised to redefine geothermal energy accessibility with its autonomous mini drilling machine, coined the “world’s most powerful worm.”   Why  Borobotics is a Game-Changer   Traditional geothermal drilling has long been limited by high costs and cumbersome diesel-powered rigs. Enter Borobotics: a 13.5 cm-wide, 2.8-meter-long robotic drill requiring just 8 square meters of workspace. Compact, efficient, and operating on household current, this robot can dig as deep as 500 meters autonomously, bringing ground source heat pumps within reach for homeowners and businesses alike.   What makes Borobotics e...

Archbishop Paul Boedhie Kleden Opposes Geothermal Projects on Flores Island By:  Robert Buluma image of Pope Francis waving at congregates The lush landscapes of Flores Island, Indonesia, known for its vibrant Catholic population and rich agricultural traditions, have recently become a battleground over environmental and social concerns. Archbishop Paul Boedhie Kleden of Ende Diocese has openly opposed geothermal power plant projects in the region, raising significant questions about the balance between renewable energy initiatives and their local impact. In a video message, the archbishop firmly rejected geothermal projects planned within his pastoral territories, citing widespread community opposition and environmental degradation. His stance is a historic first for an Indonesian Church leader openly challenging mining-related energy developments, signaling growing concerns about how such projects impact the livelihoods of local communities. The Concerns Flores Island, offici...