Geothermal DoD

Ethiopia is implementing an ambitious plan to develop geothermal energy and stabilise its electricity supply, with multiple projects underway in the Great Rift Valley and increasing support from international partners.
Thermal Energy International has won two new turnkey projects worth a total of CAD1.5mn ($1.09mn) from a global nutrition group, strengthening a collaboration initiated in 2019.

Ormat Technologies increases its quarterly revenue by 17.9%

Ormat Technologies reported a rise in revenue for the third quarter, supported by solid performances in its Product and Storage segments, and revised its 2025 annual guidance upward.
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Mazama Energy has completed the creation of the world’s hottest Enhanced Geothermal System, paving the way for low-cost, high-density baseload power aimed at data centres and heavy industry.
Ormat Technologies and SLB join forces to accelerate the development of integrated geothermal systems, including a pilot EGS project at an existing site for large-scale commercial deployment.

Heat deliveries via networks reach 32.3 TWh in 2024, a record for the sector

With a 9.3% increase in one year, district heating networks cross a historic threshold, while cooling networks continue expanding in response to intensifying heatwaves.
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Dalkia and Paris-Vallée de la Marne launch a project to upgrade the GEOVAL network, aiming to deliver 20 GWh annually with 90% decarbonised energy.
State-owned PT SMI financed 65% of the Ijen geothermal plant, recently inaugurated, while continuing social responsibility programmes in East Java province.

Project InnerSpace unveils GeoMap in the Middle East with 14,000 GW geothermal potential

The new GeoMap tool identifies vast geothermal potential in the Middle East, notably for urban cooling, long-duration storage, and large-scale power generation.
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Clean Energy Technologies and RPG Energy Group completed the installation of an Organic Rankine Cycle heat recovery system at a major industrial site in Tennessee.
German start-up Factor2 Energy has raised $9.1mn in venture capital to develop a geothermal system based on CO₂ injected into porous geological formations, with the goal of building a pilot power plant in Germany.

Dig Energy raises $5mn to industrialise lightweight geothermal drilling technology

Start-up Dig Energy has secured $5mn to launch its first pilot projects for compact geothermal drilling, aiming to cut thermal energy production costs in buildings without relying on conventional oilfield rigs.
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Baker Hughes joins the development of the second phase of the Hell’s Kitchen project in California, targeting 500 megawatts of geothermal energy to power energy-intensive data centres.
Baker Hughes will supply Fervo Energy with key equipment for five geothermal ORC plants as part of the Cape Station Phase II project in Utah, United States.

Ormat extends 25-year PPA for 52 MW from Heber 1 geothermal plant

A long-term extension secures continuous baseload geothermal power supply to California’s main utilities while strengthening financial visibility in the energy sector.
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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 wins EU-wide tender for major geothermal energy contract

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.
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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.
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.

The Strategic Growth of Geothermal Energy in Romania: Bihor as a Case Study for Europe

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.
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By redefining energy priorities, the Trump administration offers unexpected support to geothermal energy, the only renewable aligned with the economic interests of fossil fuel industries and its promising growth prospects.
Daldrup & Söhne AG, a specialist in drilling technology and geothermal energy, has won two research drilling contracts in Germany, totaling 3 million euros, for projects in Krefeld and Grasellenbach.

Ormat Technologies signs a 10-year contract with Calpine Energy Solutions for 15 MW of geothermal energy

Ormat Technologies and Calpine Energy Solutions enter into an agreement to supply 15 MW of clean geothermal energy starting in 2027, highlighting the growing demand for renewable electricity in California.
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Toshiba will equip Unit 2 of the Patuha Geothermal Plant in Indonesia, adding 60 MW to strengthen the country’s energy capacity and support its ambitious climate goals.
Star Energy increases its stake to 71% in A14 Energy Ltd, solidifying its influence in geothermal exploration in the Pannonian Basin with three strategic licenses.

Kenya: 40% of Global Growth in Geothermal Energy in Ten Years

With 40% of the global growth in geothermal capacity over ten years, Kenya emerges as a key player thanks to its ambitious renewable energy projects.
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Geothermal energy could meet 15% of the global electricity demand by 2050, according to the International Energy Agency. This potential relies on cost reductions and increased technological adoption.
To reduce its dependency on Russian gas, the European Union is betting on geothermal energy, a renewable and local solution. This strategic lever aims to strengthen its energy sovereignty and accelerate the transition to a decarbonized future.

Austin Energy launches a 5 MW geothermal pilot project for a greener grid

Austin Energy partners with Exceed Energy Inc. to develop a 5 MW geothermal pilot project near Nacogdoches, Texas. This initiative aims to enhance the sustainability and reliability of the power grid, with operations expected to begin in 2025.
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The Indonesian geothermal energy developer, Star Energy Geothermal, partners with Kyndryl to integrate generative artificial intelligence and cloud technologies into its operations, aiming for better efficiency and a strengthened energy transition.
The Canadian government supports the geothermal project led by the Acho Dene Koe First Nation, aiming to reduce diesel usage and stimulate economic development in the Northwest Territories.

Ormat signs $200 million contract for geothermal power plant in New Zealand

Ormat Technologies will partner with Contact Energy to build a 101 MW geothermal power plant in New Zealand, a key project that supports the national zero-emissions goal and strengthens Ormat's market position.
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Sinopec connects its first geothermal power production project in China to the grid, marking progress in clean energy integration and helium extraction, a strategic resource for various industrial sectors.
The Tu Deh-Kah geothermal project by the Fort Nelson First Nation aims to produce up to 15 MWe of sustainable energy for the Fort Nelson region, marking a strategic investment for energy independence.

Alaska: A Strategic Geothermal Hub for the US Indo-Pacific Policy

With its vast geothermal resources, Alaska is positioning itself as a strategic pillar for the US energy policy in the Indo-Pacific, supporting key regions such as Taiwan, Japan, and the Philippines with sustainable and local production.
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The $43 million funding granted by Japan for the Chachimbiro geothermal project marks a key step for Ecuador’s energy diversification strategy, aiming to strengthen the country's autonomy and the stability of its electricity supply.
Colombia is intensifying the development of geothermal energy to diversify its energy mix. The country is relying on public-private partnerships and favorable regulations to attract the necessary investments.