The International Geothermal Standard Committee was launched in Beijing with a permanent secretariat established at Sinopec, marking a major step toward harmonising global geothermal industry standards.
Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
Húsavík Energy launches a drilling campaign to secure its geothermal resource following the shutdown of its main industrial client, aiming to diversify its energy offers and strengthen the appeal of the Bakki site.
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.
Octillion has fully converted its electric vehicle battery production facility in Pune to solar power, initiating the rollout of an energy strategy aimed at achieving energy autonomy for all its India-based operations by 2027.
Westbridge Renewable Energy has secured final regulatory approval in Alberta for its Dolcy Solar project, marking the last step before construction can begin.
Texas-based developer Natura Resources receives new federal funding to test key components of its 100-megawatt modular reactor in partnership with Oak Ridge National Laboratory.
By mobilising long-term contracts with BP and new infrastructure, PLN is driving Indonesia’s shift toward prioritising domestic LNG use, at the centre of a state-backed investment programme supported by international lenders.
Solar with batteries becomes a bankability lever in three key ASEAN markets, where the focus shifts from cost reduction to the monetisation of energy flexibility.
TotalEnergies, TES and three Japanese companies will develop an industrial-scale e-gas facility in the United States, targeting 250 MW capacity and 75,000 tonnes of annual output by 2030.
The Niigata regional assembly is deliberating on restarting unit 6 of the world’s largest nuclear plant, thirteen years after operations ceased following the Fukushima disaster.
Argentinian consortium Southern Energy will supply up to two million tonnes of LNG per year to Germany’s Sefe, marking the first South American alliance for the European importer.
Crude prices increased, driven by rising tensions between the United States and Venezuela and drone attacks targeting Russian oil infrastructure in the Black Sea.
The commercial court of Évry has ordered the judicial liquidation of Global Bioenergies, a French start-up in sustainable aviation fuel, after both takeover bids were rejected due to insufficient guarantees for employees and assets.
Amid persistent financial losses, Tullow Oil restructures its governance and accelerates efforts to reduce over $1.8 billion in debt while refocusing operations on Ghana.
South African state utility Eskom expects a second consecutive year of profit, supported by tariff increases, lower debt levels and improved operations.
Swedish developer OX2 acquires three onshore wind projects totalling 235 MW in Romania, pushing its portfolio beyond 1.1 GW in a rapidly growing market.
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.
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.
