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.
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.
Thomassen Amcot Holdings LLC has completed the acquisition of a 160 MW steam turbine generator from TC Energy. The equipment, currently stored in Canada, could be redeployed to the United States to meet the energy needs of certain markets.
The cities of Melun and Vaux-le-Pénil are launching the expansion of their heating network with the drilling of a new geothermal well planned for 2026. This project aims to strengthen local energy supply by increasing the capacity of the existing network.
Google Cloud, SLB, and Project Innerspace announce a collaboration to stimulate the global adoption of geothermal energy by combining advanced data and technical expertise in identifying geothermal resources.
Energy Secretary Chris Wright highlighted the importance of advanced geothermal energy in ensuring the United States' energy abundance at the Geothermal House DC MAGMA event in Washington.
EDF Saudi Arabia and TAQA Geothermal Energy Company have signed a memorandum of understanding to develop geothermal energy in the Kingdom. This initiative aims at electricity production and HVAC applications, aligning with Saudi Arabia’s Vision 2030.
Safran has announced a partnership with Dalkia and Arverne Group to install a geothermal power plant at its Villaroche site. This infrastructure is expected to cover 84% of the factory’s heating needs, thereby reducing its natural gas consumption.
DEEP Earth Energy Production Corp. and SLB partner to develop an innovative geothermal project in Saskatchewan, aiming to produce 30 MW of emission-free energy.
Bihor County in Romania accelerates geothermal energy integration into its energy economy. With over €45 million invested, mostly funded by the European Union, the region highlights the growing profitability of this resource.
X-Caliber Rural Capital is providing $100 million in financing for Fervo Energy's geothermal project in Utah, designed to deliver 400 MW of renewable energy capacity by 2028.
Tsuchiyu Onsen, a Japanese region renowned for its hot springs, is implementing a strategy to integrate geothermal production into its tourism sector, illustrating a local energy management model.
INA - Industrija nafte d.d. launches seismic surveys in northern Croatia to identify geothermal and hydrocarbon resources as part of its energy diversification strategy.
Stadtwerke München receives 43.9 million euros from the BEW program to extend Munich's geothermal heating network, covering a significant part of the project costs.
The U.S. Bureau of Land Management is putting 220,000 acres of land up for sale in Nevada to intensify geothermal exploration, boosting renewable energy production.
Singareni Collieries Company Limited has inaugurated an experimental 20 kW geothermal power plant in Telangana, marking a major step forward for renewable energy in India.
India is turning to geothermal energy to diversify its sources of renewable energy.
Singareni Collieries Company Limited has already set up a 20 kW pilot plant in Manuguru, Telangana.
Whitebark Energy uses revenues from Wizard Lake in Canada to fund geothermal and hydrogen initiatives in Australia, underlining a transition to renewable energies.
The U.S.-Iceland geothermal energy partnership promises to transform the global energy landscape, with massive investment and collaboration to develop innovative, sustainable technologies.
Newheat, the Communauté d'Agglomération Pau Béarn Pyrénées and ENGIE Solutions have launched a feasibility study for an innovative thermal storage system, supported by the European TREASURE program.
Fervo Energy secures contracts for 320 MW of geothermal capacity with Southern California Edison, underlining the growing demand for reliable, continuous renewable energy.
Kyuden Mirai Energy, a subsidiary of Kyushu Electric Power, begins construction this year of a 5 MW geothermal power plant in Kirishima, Kagoshima, Japan.
The University of La Laguna and IGME are moving ahead with the SAGE4CAN project to demonstrate the potential of shallow geothermal energy in the Canary Islands.
Researchers at Robert Gordon University (RGU) in Scotland are installing geothermal cooling systems in low-income communities in Kenya, funded by the Scottish Funding Council and the Global Challenges Research Fund.
