Thermal

Nevis Geothermal Project Set to Enter Drilling Phase Later This Year

July 28, 2026 — The long-awaited Nevis Geothermal Project is moving into a critical new phase, with a drilling rig expected to be mobilized in the coming weeks…

Vietnam

BIDV, VietinBank Provide $281 Million Credit Package for O Mon IV Power Plant

BIDV and VietinBank signed an agreement on July 24 to provide Petrovietnam with a VND7.3 trillion ($281 million) credit package for investment in and constructi…

United States

XGS Energy Names New Senior Leaders to Scale Geothermal Development

XGS Energy, Inc., a developer of next-generation geothermal power systems, announced the appointment of two senior executives, naming Al Vickers as Chief Operat…

Gas power plant

Alliant Energy Seeks Air Permit for Morgan Valley Natural Gas Plant Amid Air Quality Concerns

Alliant Energy has submitted a 309-page air quality permit application for its proposed Morgan Valley Natural Gas power plant in Linn County near the Benton Cou…

United Kingdom

Bank of England to Bar Thermal Coal-Linked Bonds from Key Lending Operations

The Bank of England will stop accepting bonds linked to thermal coal as collateral for key lending arrangements from October, in a move welcomed by climate camp…

Japan

JERA Invests in Quaise Energy to Advance Superhot Geothermal Technology

July 14, 2026 — JERA Co., Inc., Japan’s largest power generation company, has made a strategic investment in Quaise Energy, a Houston-based developer of …

Gas turbine engine

Mitsubishi Power Wins Boiler Supply Contract for Saudi Fuel Conversion Project

July 13, 2026 — Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders to supply key boiler components for a…

Canada

Alberta Awards Eavor $8 Million to Advance Geothermal Drilling Technology

July 7, 2026 — Eavor Technologies Inc. has been awarded $8 million from the Government of Alberta’s industry-supported Technology Innovation and Emission…

Gas turbine engine

Gas-fired power plant planned for Banana

Plans for a new Central Queensland gas turbine power station with a generation capacity of up to 850MW are moving through the approvals process.The gas-fired pl…

Combined cycle power plant

Fermi taps Primoris for Texas power plant construction

Fermi announced on June 30 it selected Primoris Services Corporation to engineer and construct balance of plant infrastructure for six SGT-800 gas turbines at i…

Austria

Vienna Geothermal Test Exceeds Expectations, Could Heat 25,000 Homes

Wien Energie and OMV have reached a major milestone in their deep geothermal project in Aspern, bringing Vienna closer to year-round, climate-neutral heat gener…

India

India Boosts Domestic Coal Use at Import-Designed Power Plants to Curb Overseas Purchases

India is increasing the share of domestic coal to more than 50% at power plants originally designed to run on imported fuel, as the world's second-largest t…

United States

Chevron signs power supply deal with Microsoft for Texas data center

Chevron said on June 22 it has signed an agreement with Microsoft to develop a co-located ​facility that would provide natural-gas fired power to the technolog…

United States

Fervo Energy and PNNL Leverage AI and NVIDIA Accelerated Computing for New Digital Twin Platform Designed to Advance Geothermal Development

Fervo Energy, the global pioneer of next-generation geothermal energy, NVIDIA, and Pacific Northwest National Laboratory (PNNL) on June 22 announced an agree…

United States

Trump taps defense funding for Indiana coal upgrades

President Donald Trump announced he’d direct $700 million in national defense and energy funding to refurbish or build coal power infrastructure across the cou…