Thermal energy

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…

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…

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…

Mexico

Grupo Carso Advances Geothermal Plant in Celaya

Grupo Carso emerges as the first private conglomerate in Mexico to pursue large-scale geothermal energy development through its subsidiary Energías Alter…

United States

World's first 50 MW superhot geothermal power plant targets Oregon by 2030

Quaise Energy said it is moving ahead with plans to build what it describes as the world’s first power plant using superhot geothermal energy, with an ini…

United States

Fervo secures $421 million financing to support Cape Station geothermal development

Geothermal energy project developer Fervo Energy announced that it has secured $421 million in financing to fund the construction costs of the first phase of it…

Indonesian Association Urges Government to Issue Direct Use Geothermal Regulations to Promote Geothermal Tourism Development

The Indonesian Geothermal Production Area Association (ADPPI) recently issued an urgent call to the government, urging the prompt issuance of regulations for th…

Geothermal Energy Development Potential Affirmed, Could Replace 40% of EU's Fossil Fuel Power

The Earth's interior harbors immense thermal energy, which manifests through surface phenomena such as hot springs, geysers, or volcanoes, providing a conti…

Finnish Company Launches Industrial-Scale Sand-Based Thermal Storage System to Aid Industrial Decarbonization

Finnish clean-tech startup TheStorage recently launched its first industrial-scale sand-based thermal storage system. This technology can convert renewable ener…

Australian Company 1414 Degrees' 140MW Energy Storage Project Receives Key Regulatory Approval

Australian thermal energy storage technology company 1414 Degrees obtained the Generator Performance Standards (GPS) approval from the Australian Energy Market …

Covestro and Rondo Energy Break Ground on 100MWh Thermal Energy Storage Project at German Site

German materials manufacturer Covestro and US energy technology company Rondo Energy jointly held a groundbreaking ceremony for their innovative Rondo Heat Batt…

Metal

California Lithium Company Eyes 2026 IPO to Attract US Government Investment

Controlled Thermal Resources (CTR), a California-based lithium and geothermal energy company, announced plans to launch an initial public offering (IPO) by July…

Geothermal Power Project

China, Iceland to Boost Geothermal, Green Energy Cooperation, Joint Statement Says

China and Iceland will strengthen cooperation in geothermal and green energy development, according to a joint statement released by Chinese state media on Tues…

Geothermal Power Plant

India Launches National Policy to Harness Geothermal Energy

India’s Union Ministry of New and Renewable Energy (MNRE) has launched the National Policy on Geothermal Energy, providing a framework for developing the …

Geothermal Power Project

Germany Moves to Fast-Track Geothermal Energy Projects

On Wednesday, Germany’s cabinet approved a draft law to accelerate the development of geothermal energy projects, supporting the country’s ambition …