Finnish geothermal heat player QHeat secures EUR 3.3m loan for drilling rig
Small drilling rig, Finland (source: QHeat) Finnish Climate Fund has granted EUR 3.3m loan to Finnish geothermal heat exchange player
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Finance
NZ government to fund geothermal lithium extraction technologies
Geo40 plant in New Zealand (source: Climeon/ Geo40) Geo40 will receive government investment to help scale up their geothermal lithium
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KS Orka to acquire Turkish group’s geothermal portfolio in Indonesia
Unit 1 of Sorik Marapi geothermal plant, North Sumatra, Indonesia (source: KS Orka Renewables) KS Orka has acquired seven greenfield
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Geothermal drilling startup Quaise Energy secures $40m in new funding
Transmission line element of drilling technology (source: Quaise Energy) New funding announced for Quaise Energy’s to help demonstrate its novel
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North Holland offers funding for homes to transition away from natural gas heating
Amsterdam, The Netherlands (source: flickr/ ChrisYunker, creative commons) Municipalities in North Holland making the transition from natural gas to geothermal
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US DOE announces $20 million funding for geothermal drilling technology projects
Drilling rig (source: Nabors Industries) With the new funding, the Geothermal Technologies Office aims to reduce the costs of geothermal
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Geothermal group receives funding for heat flow mapping in Cornwall
Cornish Valleys, Cornwall, UK (source: flickr/ Jack Pease, creative commons) Through additional boreholes and more sophisticated modeling techniques, Deep Digital
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BC, Canada First Nation receives grant for geothermal heat project
Lakelse Lake, Terrace, British Columbia/ Canada (source: flickr/ Ryan McGilchrist, creative commons) Kitselas First Nation is one of five Indigenous
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U.S. funding opp. for small biz innovative geothermal research
Website screenshot, DOE, Office of Science (science.osti.gov/sbir) The U.S. DOE Geothermal Technologies Office has published a funding opportunity for small
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Polaris Infrastructure reaches deal on $110m debt refinancing
San Jacinto-Tizate geothermal plant, Nicaragua (source: PowerEngineers) With expected 2022 addition of a binary unit to its geothermal plant in
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Funding Opp for innovative geothermal research by small biz
Website screenshot, DOE, Office of Science (science.osti.gov/sbir) The U.S. Department of Energy’s Office of Energy Efficiency and Renewable Energy has
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