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Sunday, June 15, 2025

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All foundations installed at Îles d’Yeu and Noirmoutier OWF
H2sea secures Offshore Hydrogen Production Study
Danish shipping firm refutes ‘bullying’ and ‘harassment’ claims
Here’s What You Need To Know About Source Separation Bins
Bermuda seeks developers for first offshore wind farm

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Finance

Geothermal Power

EDC weathers storm reporting increased quarterly revenues

May 17, 2021 Alterna Asia & Pacific, EDC, Energy Development Corp., Finance, General, Geothermal, Geothermal Power, philippines, results, Think GeoEnergy

Bacon-Manito geothermal power plant, Philippines (source: EDC) Energy Development Corp. (EDC) reports increased revenues despite significant reduction in electricity demand

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Geothermal Power

Fervo Energy raises $28m to scale next gen geothermal tech

April 30, 2021 Alterna Breakthrough Energy Ventures, Capricorn Investment, Fervo Energy, Finance, Geothermal, Geothermal Power, Helmerich and Payne, investment, North America, Technology, Think GeoEnergy

Tim Latimer, CEO of Fervo Energy at one of the company’s development sites (source: Fervo Energy) Technology startup Fervo Energy

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Wave / Tidal Energy

Significant fleet expansion for Cadeler

April 30, 2021 Alterna Cadeler, Finance, fleet expansion, Installation, International News, Newbuilding, Ocean Energy, Tidal Energy, Wave Energy, Windenergy, X-class vessels

Cadeler intends to significantly expand the fleet with two new build X-class vessels. This will double Cadeler’s total fleet, reflecting

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Geothermal Power

$15m in DOE funding for two geothermal R&D projects

April 26, 2021 Alterna doe, electromagnetic surveys, Finance, Geothermal, Geothermal Power, GeoVision, Grants, North America, Sandia National Laboratories, Technology, thermal storage, Think GeoEnergy, U.S., West Virginia University

Hydrothermal resources showing/ conceptual elements of a high-temperature resource (source: DOE, GeoVision study) The U.S. Department of Energy has announced

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Wave / Tidal Energy

MoU between Azerbaijan and IFC

April 15, 2021 Alterna Azerbaijan, Finance, IFC, International News, MoU, Ocean Energy, Tidal Energy, Wave Energy, Windenergy

Azerbaijan’s Energy Ministry and International Finance Corporation, a member of the World Bank Group, have signed a memorandum of understanding

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Geothermal Power

Another major geothermal acquisition by Macquarie in the U.S.

March 19, 2021 Alterna Acquisition, Cyrq Energy, Finance, Geothermal, Geothermal Power, Hudson Ranch, LSV Advisors, Macquarie Infrastructure and Real Assets, Macquarie Infrastructure Partners, North America, Tenor Capital Management, Think GeoEnergy

Soda Lake geothermal power plant (source: Cyrq Energy) A subsidiary of Macquarie Infrastructure Partners has closed the financing for the

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Geothermal Power

GDC bags $5m grant for geothermal exploration at Paka, Kenya

March 17, 2021 Alterna Africa, African Union, Baringo, exploration, Finance, funding, GDC, Geothermal Power, Grant, GRMF, Kenya, Paka, project, Projects/ Research, Think GeoEnergy

Kifaru II rig of GDC on site at Paka, Baringo-Silali geothermal project, Kenya (source: GDC) Kenya’s Geothermal Development Company (GDC)

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Geothermal Power

Canadian gov’t invests $40m in Clarke Lake geothermal project

March 13, 2021 Alterna British Columbia, Canada, Clarke Lake, Finance, funding, Geothermal, Geothermal Power, government, Natural Resources Canada, North America, project, Projects/ Research, Think GeoEnergy

Announced this week, Canada’s Minister of Natural Resources, the Honourable Seamus O’Regan Jr., announced nearly C$40.5 million (around USD 32.3m)

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Geothermal Power

Successful closure of $323m refinancing of Coso geothermal power facility in Southern California

December 15, 2020 Alterna Avenue Capital, California, Coso, Coso Operating Company, CTI Group, Finance, financing, Geothermal, Geothermal Power, North America, Projects/ Research, Think GeoEnergy

Coso geothermal plant, California (source: Coso Operating Co.) Coso Operating Company has successfully refinanced $323 million for the Coso geothermal

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Geothermal Power

Tulu Moye Geothermal wins $10m co-financing GRMF grant from African Union

December 10, 2020 Alterna Africa, African Union, Drilling, Ethiopia, Finance, financing, Geothermal Power, Grant, GRMF, project, Projects/ Research, Think GeoEnergy, TMGO, Tulu Moye Geothermal Energy

Well completion, Tulu Moye, Ethiopia (source: TMGO) The African Union Commission and Tulu Moye Geothermal have signed an agreement for

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Geothermal Power

First geothermal project in Turkey funded under World-Bank funded risk-sharing mechanisms

December 2, 2020 Alterna 3S Kale, Europe & Middle East, Finance, funding, Geothermal, Geothermal Power, jeotermal, Nigde, project, risk sharing mechanism, RSM, Think GeoEnergy, TKB, TSKB, Turkey, World Bank

3S Kale geothermal power plant, Aydin/ Turkey (source: 3S Kale) The first project to receive support under the World Bank

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Hydrogen Gas

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All foundations installed at Îles d’Yeu and Noirmoutier OWF
H2sea secures Offshore Hydrogen Production Study
Danish shipping firm refutes ‘bullying’ and ‘harassment’ claims
Here’s What You Need To Know About Source Separation Bins
Bermuda seeks developers for first offshore wind farm

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