geothermal energy

Quaise Energy Raises USD 63 Million For New Geothermal Drilling Technology

February 11, 2022

The geothermal start-up Quaise Energy has raised $63 million to deploy a new drilling technology to unleash the earth’s hardest-to-reach heat resources. Safar Partners, Prelude Ventures, the Engine, and other investors provided $40 million. The U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) provided a grant of $5 million. Source: Canary Media 

Dominica Discusses Energy Supply Agreements with Martinique

February 9, 2022

The Dominica Geothermal Development Company is finalizing the construction of a geothermal plant that will provide baseload power to the island. Meanwhile, the Government of Dominica discusses supplying geothermal energy to Martinique at what is described as a competitive price. Source: Think Geo Energy

Colombia’s Ministry of Mines and Energy Proposes Governing Requirements for Exploration of Geothermal Resources

January 28, 2022

Colombia’s Ministry of Mines and Energy published draft guidelines governing the exploration, exploitation, and registration of geothermal resources. Source: Ministry of Mines & Energy, Colombia (In Spanish)

Kenesjay Green Ltd & CREAD Launch the Green Hydrogen Country Assessment for Dominica

January 28, 2022

Kenesjay Green Ltd (KGL), a Trinidad-based company, completing a Green Hydrogen Country Assessment for Dominica. Working alongside the Climate Resilience Execution Agency for Dominica (CREAD), the assessment will help create a plan to utilize Dominica’s geothermal resources and build long-term resilience into the national economy. Source: Fuel Cell Works 

CEGA Uses FIC-R Award to Develop Low-Temperature Geothermal Energy Project

January 17, 2022

After being awarded the Innovation Fund for Regional Competitiveness (FIC-R), The Center of Excellence in Geothermal Energy of the Andes (CEGA) plans to expand its implementation of projects for the use of low-temperature geothermal energy. One of the projects they’re developing will use shallow geothermal energy and operate at one of the lowest costs in […]

Top 10 Geothermal Countries Based on Installed Power Generation Capacity

January 11, 2022

ThinkGeoEnergy published a list of the top 10 geothermal countries in 2021 based on installed power generation capacity. Mexico is on the list at number six with no gain or loss of power generation capacity from the year before. Colombia is a geothermal-newcomer and helped contribute to the 2021 overall generation capacity of 15,854 MW […]