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Wednesday, January 22, 2025

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Trump targets IRA with spending freeze on Biden’s flagship climate law
Østensjø Rederi secures multiple new contracts
Ørsted takes €1.6 billion hit on US renewables portfolio
Last chance to complete Windpower Monthly’s state of the industry 2024/25 survey
Enefit Green and AFRY signed FEED contract for Liivi Bay OWF

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Finance

Geothermal Power

MIGA, World Bank increases insurance coverage for Tulu Moye geothermal, Ethiopia

November 17, 2023 Alterna Africa, Drilling, Ethiopia, Finance, Geothermal, Geothermal Power, guarantee, Insurance, investment, MIGA, Multilateral Investment Guarantee Agency, power plant, Projects/ Research, risk mitigation, Think GeoEnergy, TMGO, Tulu Moye, Tulu Moye Geothermal Operations, World Bank

Drilling rig on site of the Tulu Moye geothermal project, Ethiopia (source: Reykjavik Geothermal) MIGA under the World Bank has

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Geothermal Power

US DOE announces $44 million funding for EGS innovation projects

November 15, 2023 Alterna EGS, Enhanced Geothermal Shot, Enhanced Geothermal System, Finance, funding, Geothermal, Geothermal Power, innovation, North America, research, Technology, Think GeoEnergy, US Department of Energy, US DOE, Utah Forge

Drilling rig on site of Utah FORGE project site, Nov. 2020 (source: Utah FORGE) The US DOE with Utah FORGE

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Geothermal Power

Equity investment to support 62-MW geothermal heat project in Netherlands

November 15, 2023 Alterna 85 Degrees Renewable, energy transition, equity, Europe & Middle East, FEIP, Finance, Foresight Energy Infrastructure Partners, Geothermal, Geothermal Power, Geothermie, heating, investment, Netherlands, Projects/ Research, Think GeoEnergy, Zoetermeer

Zoetermeer, Netherlands (source: zoetnet / flickr, Creative Commons) FEIP has made an equity investment in 85 Degrees Renewable, fully funding

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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

Croatia approves EUR 30 million grant for geothermal research

November 3, 2023 Alterna AZU, Croatia, Croatian Hydrocarbon Agency, Europe & Middle East, exploration, Finance, funding, Geothermal, Geothermal Power, Grant, Marijan Krpan, Minister of Economy and Sustainable Development, NPOO, research, Think GeoEnergy

View over Zagreb, Croatia (source: flickr/ Rudy Balasko, creative commons) The Government of Croatia has allocated funding of EUR 30

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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

Eden raises USD 12 million in seed funding to advance reservoir stimulation tech

October 24, 2023 Alterna Eden, Eden GeoPower, EGS, Electrical Reservoir Stimulation, ERS, Finance, funding, Geothermal, Geothermal Power, North America, permeability, reservoir stimulation, seed funding, Technology, Think GeoEnergy

Eden co-founders Ammar Alali and Paris Smalls (source: Eden) Eden has raised USD 12 million in seed funding to develop

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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

Interview – Opportunities in the high-potential geothermal market of Switzerland

September 28, 2023 Alterna Basel, Cedric Holllmuller, collaboration, Connect4geothermal, Europe & Middle East, Event, Events, Featured, Finance, Geothermal, Geothermal Power, Geothermie, Geothermie Schweiz, interview, investment, partnership, Projects/ Research, Switzerland, Think GeoEnergy

Interview with Cedric Holmuller of Geothermie Schweiz for Connect4Geothermal 2023 Cédric Höllmüller of Geothermie Schweiz discusses exploring the potential of

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Wave / Tidal Energy

Britain’s Octopus Energy buys 10% stake in Dutch offshore wind farm

September 19, 2023 Alterna borssele, Finance, International projects, Ocean Energy, Octopus Energy, Tidal Energy, Wave Energy

Tuesday, September 19 2023 Wind Energy – Borssele Stake According to Reuters Britain’s Octopus Energy has acquired a 10% stake

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Geothermal Power

Plans underway for Pertamina Geothermal to acquire PT Sorik Marapi

September 14, 2023 Alterna Acquisition, Asia & Pacific, Finance, Geothermal, Geothermal Power, Harris Yahya, Indonesia, KS Orka Renewables, MEMIR, panas bumi, Pertamina, Pertamina Geothermal Energy, power plant, Projects/ Research, PT Sorik Marapi, Sorik Marapi, Sumatra, Think GeoEnergy

Unit 1 of Sorik Marapi geothermal plant, North Sumatra, Indonesia (source: KS Orka Renewables) Officials from Indonesia’s MEMR have confirmed

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Hydrogen Gas

Latest News

Trump targets IRA with spending freeze on Biden’s flagship climate law
Østensjø Rederi secures multiple new contracts
Ørsted takes €1.6 billion hit on US renewables portfolio
Last chance to complete Windpower Monthly’s state of the industry 2024/25 survey
Enefit Green and AFRY signed FEED contract for Liivi Bay OWF

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