GreenFire Energy: Revolution in the Global Geothermal Sector

GreenFire Energy receives export certificate from the International Trade Administration for its innovative geothermal project in the Philippines.

Share:

GreenFire Avancée Géothermique

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

*renews at 199$/year, cancel anytime before renewal.

GreenFire Energy Inc. marks a major turning point in the geothermal industry. The company was recently awarded the Export Achievement Certificate (EAC) from the U.S. International Trade Administration (ITA).

International recognition for GreenFire Energy

The award was presented at a ceremony in San Francisco, California, on the sidelines of the Asia-Pacific Economic Cooperation Economic Leaders Week. In fact, the EAC is an important recognition awarded to American companies that have successfully penetrated new markets or expanded the sale of innovative products abroad.

GreenLoop Technology: A Revolution in Geothermal Energy

GreenFire Energy, in close collaboration with the U.S. Commercial Service (CS), has developed an implementation strategy for deploying its GreenLoop technology. However, this initiative is part of a pilot project funded by the U.S. Trade and Development Agency (USTDA) in support of the Energy Development Corporation, the Philippines’ largest renewable energy producer.

Strategic Collaboration and Sustainable Development

GreenLoop technology, developed by GreenFire Energy, represents a major breakthrough in the field of geothermal energy. Rod Hirsch, Director of CS in Oakland, expressed his satisfaction with the assistance provided to GreenFire Energy in establishing a crucial contact with a Philippine buyer.
Joseph Scherer, CEO of GreenFire Energy, emphasized the honor of receiving the Certificate of Export Achievement. However, he highlighted GreenLoop’s unique ability to leverage underutilized assets and increase geothermal energy production, underlining the company’s commitment to a sustainable approach to renewable energy.

GreenFire Energy, by obtaining the Certificate of Export Achievement, demonstrates the effectiveness and relevance of its GreenLoop technology in the geothermal energy sector. This success paves the way for more sustainable and efficient use of geothermal resources, contributing to the global energy transition.

The inauguration of the Tanawon geothermal site, with a capacity of 22 megawatts, marks a milestone in the expansion of the Philippines’ energy park with local solutions of low carbon footprint.
The rise in investments and the boom in binary cycle technologies are placing geothermal energy at the heart of global energy strategies, driven by heat pump demand and Asian ambitions.
Daldrup & Söhne AG has won an EU-wide tender for drilling geothermal wells in Pullach, a large-scale project that could enhance the economic appeal of geothermal energy in Germany.
The Bureau of Land Management removes rules deemed obsolete to facilitate the development of geothermal projects, announcing new geothermal lease auctions in California and Idaho.
Geothermal Radar unveils an interactive mapping tool and global thermal model designed to support governments and companies in identifying and developing new geothermal sites internationally.
North America registers record funding of $1.7 billion in the first quarter of 2025, driven by emerging innovative techniques exploiting previously inaccessible geothermal resources, according to recent analysis by Wood Mackenzie.
Globeleq and African Trade & Investment Development Insurance finalise a payment guarantee for the Menengai geothermal project (35 MW), securing financing ahead of its planned operational launch in Kenya.
Ignis Energy closes its $13.6mn Series A funding round, gathering international players to finance geothermal projects in the United States and Türkiye, now entering the technical maturity phase.
Austrian oil group OMV announces a seismic campaign starting in December 2025 in the Graz region, aiming to identify potential deep geothermal reservoirs suitable for local energy production.
Saint-Nazaire Agglo and Dalkia officially sign a Public Service Delegation contract for a 37-kilometre urban heating network, primarily fuelled by thermal recovery and local biomass, operational from 2030.
Ormat Technologies acquires the Blue Mountain geothermal power plant in Nevada from Cyrq Energy, enhancing its energy generation capacity to 1,268 MW, with potential expansion through technical upgrades planned in the short term.
Unit 2 of the Lumut Balai geothermal plant, with a capacity of 55 MW, has successfully synchronized to the Indonesian national grid, paving the way for full commercial operation scheduled by the end of June 2025.
A new report states that the US state could reach 163 GW of geothermal capacity through a set of public measures and expertise drawn from its oil sector.
Eavor Technologies secures an additional CA$138mn from the Canada Growth Fund for its geothermal project in Germany, reinforcing its operational base in Canada.
Project InnerSpace and Indonesia's IESR join forces to accelerate national geothermal development, estimated at 3,000 GW, with a strategic report expected in the autumn.
Advances in enhanced and closed-loop geothermal systems are drawing growing interest from governments and tech giants, despite critical cost reductions still needed for competitiveness.
Enertech Global will supply heat pumps for a 1,500-home project in partnership with Dandelion Energy, marking one of the largest residential geothermal deployments ever undertaken in the United States.
Google signs a power purchase agreement with Baseload Capital to develop 10 MW of geothermal energy in Taiwan, doubling the country’s current commercial geothermal capacity.
Zero Industrial secures a $10 mn Series A funding round led by Evok Innovations to develop thermal storage projects for industrial sites in North America.
Syntholene Energy Corp has secured a 20-megawatt geothermal resource to support the world's first geothermal-powered synthetic sustainable aviation fuel (eSAF) production facility.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.