Alphaxioms Geothermal News and Related Research Globally

June 7, 2025 Author: Robert Buluma Canada’s Clean Tech Momentum Gets a Boost with Another Major Investment into Eavor’s Geothermal Breakthrough In a bold step toward securing a greener future, the Canada Growth Fund (CGF) has announced an additional investment of up to C$138 million in Eavor Technologies Inc. , a Calgary-based pioneer in closed-loop geothermal systems. This injection of capital will accelerate the global commercialization of Eavor-Loop™ , the company’s groundbreaking technology that promises to reshape the way we harness energy from the Earth. This is not CGF’s first vote of confidence in Eavor. In October 2023, CGF committed C$90 million to the company, recognizing its immense potential to scale dispatchable, reliable geothermal energy. Now, with construction of Eavor’s first commercial-scale facility in Geretsried, Germany well underway and key technological milestones achieved, CGF is doubling down—with a two-phase investment: C$89 million upfront , and C$4...

Presidio, Texas – A quiet border town has just made a thunderous statement on the global stage of renewable energy. On May 22, the Presidio Municipal Development District (PMDD) and Exceed Geo Energy signed a groundbreaking  By:  Robert Buluma 110-megawatt geothermal power purchase agreement term sheet —a monumental move set to redefine the economic destiny of Presidio County. The deal was inked during the inaugural “Presidio Vision 2035” student competition, and it is already being hailed as the most consequential economic development initiative in the region’s modern history. With electricity output far exceeding current local demand, the project is poised to energize not just homes—but industries, data centers, manufacturing hubs, and high-value agricultural processing plants. “We’re not just powering lights—we’re powering futures,” said John T. Kennedy , PMDD Executive Director. “This geothermal commitment lays the foundation for transformative growth that will chan...

🌍 A New Era for Geothermal: Eavor’s Groundbreaking Technology Powers Germany Forward By:  Robert Buluma The renewable energy world is buzzing, and for good reason. In the quiet town of Geretsried, Germany , something extraordinary is happening underground  Eavor Technologies has launched a geothermal revolution that could change the energy game forever. At the center of this disruption is Eavor-Link™ Active Magnetic Ranging (AMR)  a drilling technology so precise, it can align two wells with surgical accuracy, 100 meters apart, thousands of meters below the surface. 🧲 The Magic of Magnetic Ranging Traditional geothermal systems depend heavily on subsurface water and sometimes controversial methods like fracking. But Eavor’s AMR system is eliminating these dependencies by creating a closed-loop geothermal circuit  known as the Eavor-Loop™ . This loop operates with zero emissions, requires no water withdrawal, and eliminates induced seismicity concerns. It ci...

The Ethics of Foreign Investment in African Geothermal Resources By:  Robert Buluma Beneath the surface of Africa lies a force powerful enough to revolutionize the continent's energy future: geothermal energy. With its promise of clean, sustainable, and reliable baseload power, geothermal is no longer just a hidden treasure it's a strategic resource. Yet, as the interest of foreign investors grows in the Rift Valley and beyond, so do the ethical questions. Are these investments empowering Africa or quietly replicating patterns of resource exploitation? This article delves deep into the ethical implications of foreign investment in Africa's geothermal sector. We explore case studies across the continent, highlight emerging concerns, and present a framework for ensuring that Africa benefits from its geothermal riches without surrendering control or sovereignty. The African Geothermal Boom: A Global Attraction Africa, particularly along the East African Rift System (EARS)...

Published: 28 May 2025 By:  Robert Buluma In the heart of the Taupō Volcanic Zone, where the earth roars with ancient fire, a bold new frontier in energy is stirring beneath New Zealand’s feet.  The Government has announced major strides in its ambitious pursuit of supercritical geothermal energy—a potential game-changer that could propel Aotearoa to the forefront of global clean energy innovation. And it’s not just ambition—it’s action. 🔥 Supercritical: The Next Leap in Geothermal Regional Development Minister Shane Jones and Science, Innovation and Technology Minister Dr Shane Reti unveiled fresh details about the government’s progress toward harnessing supercritical geothermal energy. This isn't your everyday clean energy initiative—it's the geothermal equivalent of striking gold at the Earth's molten edge. Conventional geothermal energy taps into hot water and steam from wells drilled up to 3.5 km deep. But supercritical geothermal? It goes deeper—up to 6 km—where temp...

In the heart of Bucharest, Romania, a transformative urban regeneration initiative is underway , one that blends real estate innovation with a deeper commitment to sustainability.  By: Robert Buluma While the headlines highlight the rapid construction pace and job creation driven by over 1,000 workers on-site, the real story geothermal enthusiasts should ask is: Is geothermal energy playing a role in this sustainable vision? Urban Transformation with a Green Heart Vastint Romania’s project at Timpuri Noi Square is more than just another real estate development. It is a bold statement about the future of cities — combining modern architecture with ambitious sustainability targets. The development is pursuing LEED Platinum certification, one of the most stringent green building standards globally. That raises a vital question: can Bucharest’s geothermal potential be part of the strategy to reach such standards? Why Geothermal Energy Makes Sense for Bucharest Romania is part of a geol...

In a move that promises to redefine the renewable energy and lithium landscape in Europe, Vulcan Energy has officially completed its acquisition of Geox GmbH  a bold stride toward streamlining operations and accelerating the energy transition.  By: Robert Buluma The deal, which includes geothermal wells, renewable energy generation assets, and a valuable geothermal and lithium licence around the City of Landau, Germany, positions Vulcan as a powerhouse in clean energy innovation. Announced back in September 2024, the agreement aimed to consolidate Vulcan’s upstream Phase One lithium and renewable energy assets. By acquiring 100% of Geox’s holdings — and replacing a prior joint venture and brine offtake agreement — Vulcan has now secured total control of a strategic asset base that will serve as the cornerstone of its ambitious Lionheart Project. Geothermal, Lithium, and Leadership The assets at the heart of this acquisition are no ordinary infrastructure. Located in the Landau...