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Tauhara geothermal power plant, New Zealand starts full capacity operations
Exclusive: Sweden’s open-door leasing a major cause of offshore wind rejections – expert
One-year contract for Normand Maximus
DeepOcean awarded landmark 8-year contract by Equinor
Türkiye implements 25% foreign capital increase for geothermal pre-license holders

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Geothermal Power

Baseload Capital completes EUR 53M funding round to scale up geothermal

September 4, 2024 Alterna Ajit Menon, Alexander Helling, Asia & Pacific, baker hughes, Baseload Capital, Breakthrough Energy Ventures, capital, ENGF, Europe & Middle East, Finance, funding, Geothermal, Geothermal Power, Gullspang Invest, Ingka Group, Ingka Investments, investment, NEFCO, North America, Series B, Think GeoEnergy

Series B funding announcement by Baseload Capital (source: Baseload Capital) Baseload Capital has secured EUR 53 million from a Series

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Geothermal Power

Interview – Eliminating roadblocks to further geothermal development in Kenya and Africa

June 3, 2024 Alterna Africa, Baringo-Silali, capital, conference, direct use, Drilling, Event, Events, Featured, field trip, Finance, GAK, Gathuru Mburu, GDC, Geothermal Association of Kenya, Geothermal Power, interview, investment, KenGen, Kenya, Kenya Geothermal Congress, KGC, KGC2024, Legislation, Menengai, Olkaria, power plant, Projects/ Research, Think GeoEnergy

Interview – “Eliminating roadblocks to further geothermal development in Kenya and Africa” with Dr Gathuru Mburu of the Geothermal Association

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Geothermal Power

GDC receives EUR 5 million grant to support Baringo-Silali geothermal project, Kenya

May 24, 2024 Alterna Africa, Baringo-Silali, capacity building, capital, Davis Chirchir, EIB, EU, Finance, funding, GDC, Geothermal, Geothermal Development Company, Geothermal Power, Grant, Green Resilient Electricity System Programme, Kenya, KfW, Paul Ngugi, Projects/ Research, Think GeoEnergy

Launch of the Green Resilient Electricity System Programme with European Commissioner Kadri Simson and Kenya’s Cabinet Secretary of Energy Davis

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Geothermal Power

XGS Energy raises $20 million additional funding for next-generation geothermal

May 21, 2024 Alterna California, capital, Finance, funding, Geothermal, Geothermal Power, investment, Josh Prueher, next-generation geothermal, North America, Series A, Technology, Thermal Reach Enhancement, Think GeoEnergy, TRE, XGS Energy

XGS Energy logo (source: XGS Energy) Next-generation geothermal company XGS Energy has raised $20 million in additional funding that will

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Geothermal Power

Eastland Group raises capital to support geothermal projects in New Zealand

November 13, 2023 Alterna Acquisition, Asia & Pacific, capital, Eastland Generation, Eastland Group, Finance, Geothermal, Geothermal Power, New Zealand, Obayashi Corporation, power plant, Projects/ Research, Sale, Te Ahi O Maui, Think GeoEnergy, TOPP 2

Te Ahi o Maui is Eastland Generation’s inaugural geothermal power plant. It is one of several well-performing assets included in

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Geothermal Power

Finnish firm Voltan secures funding to strengthen geothermal services

October 25, 2023 Alterna capital, district heating, Europe & Middle East, Finance, Finland, funding, Geothermal, Geothermal Power, heating and cooling, Helsinki, infrastructure, investment, Kiilto Ventures, seed capital, Think GeoEnergy, Voltan Energy, Voltan Lähienergia Oy

Construction work by Voltan Energy (source: Voltan Energy) Voltan Energy, a Finnish company specializing in ground-source geothermal heat systems, has

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Geothermal Power

Geothermal operator PT Barito announces new details on IPO

October 6, 2023 Alterna Asia & Pacific, capital, Finance, Geothermal, Geothermal Power, IDX, Indonesia, Initial Public Offering, IPO, Jakarta, panas bumi, PT Barito Renewables Energy, Star Energy Geothermal, Think GeoEnergy

Sudirman CBD in Jakarta, Indonesia (source: AndrewPrawiro / flickr, Creative Commons) PT Barito Renewables has announced the share price for

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Geothermal Power

IRENA reports 22% lower LCOE of geothermal power in 2022

August 29, 2023 Alterna Annual Report, capital, Featured, Finance, General, Geothermal, Geothermal Power, Global, International Renewable Energy Agency, IRENA, LCOE, O&M, power plant, renewable power, Report, Technology, Think GeoEnergy, total installed cost

IRENA Report on Renewable Power Generation Costs in 2022 (source: IRENA) IRENA reports a general increase in competitiveness of renewable

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Geothermal Power

Zorlu Energy announces merger with Alkan Geothermal Energy

May 5, 2023 Alterna Acquisition, Alkan Geothermal, capital, Europe & Middle East, General, Geothermal, Geothermal Power, jeotermal, Merger, Think GeoEnergy, Türkiye, Zorlu Energy

Kizildere 1 Geothermal Power Plant (source: Zorlu Energy) Zorlu Energy will be taking over Alkan Geothermal Energy, a subsidiary that

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Geothermal Power

Pertamina Geothermal to issue USD 400 million green bonds

April 24, 2023 Alterna Asia & Pacific, capital, debt finance, Finance, Geothermal, Geothermal Power, green bond, Indonesia, panas bumi, PGE, PT Pertamina Geothermal Energy, Think GeoEnergy

Geothermal pipes of Pertamina, Indonesia (source: zmiyatul.blogspot) Indonesia’s Pertamina Geothermal Energy will be issuing green bonds at 5.15% interest per

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Geothermal Power

Pertamina Geothermal sets USD 250 million budget for 2023

March 23, 2023 Alterna Asia & Pacific, budget, Capacity, capex, capital, expansion, Finance, Geothermal, Geothermal Power, Indonesia, Installed Capacity, Lumut Balai, panas bumi, Pertamina, Pertamina Geothermal Energy, PGE, Projects/ Research, Think GeoEnergy

Geothermal pipes of Pertamina, Indonesia (source: zmiyatul.blogspot) Pertamina Geothermal Energy has earmarked USD 250 million for 2023, part of which

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Latest News

Tauhara geothermal power plant, New Zealand starts full capacity operations
Exclusive: Sweden’s open-door leasing a major cause of offshore wind rejections – expert
One-year contract for Normand Maximus
DeepOcean awarded landmark 8-year contract by Equinor
Türkiye implements 25% foreign capital increase for geothermal pre-license holders

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