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Thursday, July 3, 2025

Tag: geothermal

Project InnerSpace Analysis Shows Geothermal Can Cost-Effectively Scale to Power the AI Data Center Boom

With the right investment and policy support, the cost for a 1GW geothermal energy project to power and cool a hyperscale data center could...

GLOBELEQ’S RED SANDS BATTERY ENERGY STORAGE PROJECT REACHES FINANCIAL CLOSE

CAPE TOWN, South Africa, July 1, 2025 /PRNewswire/ -- Globeleq, a leading independent power company in Africa and its project partner, African Rainbow Energy,...

Drilling Fluids Market to Reach $10.7 Billion by 2032, Growing at a CAGR of 5.7% from 2025, Says Meticulous Research®

Market Growth Driven by Oil Extraction Activities, Deepwater Exploration Expansion, Industrial Energy Demand, and Advanced Chemical Technology Development REDDING, Calif., June 30, 2025 /PRNewswire/ --...

Drilling Fluids Market to Reach $10.7 Billion by 2032, Growing at a CAGR of 5.7% from 2025, Says Meticulous Research®

Market Growth Driven by Oil Extraction Activities, Deepwater Exploration Expansion, Industrial Energy Demand, and Advanced Chemical Technology Development REDDING, Calif., June 30, 2025 /PRNewswire/ --...

Alexandria Real Estate Equities, Inc. Releases 2024 Corporate Responsibility Report Highlighting Its Strategic Initiatives That Catalyze Positive Change for the Benefit of Human Health...

PASADENA, Calif., June 25, 2025 /PRNewswire/ -- Alexandria Real Estate Equities, Inc. (NYSE: ARE), the first, preeminent, longest-tenured and pioneering owner, operator and developer...

Alberta Energy Regulator presents the 2025 Alberta Energy Outlook Report

Report details record spending, rising bitumen output, and significant increase in Alberta’s oil and gas reserves estimates
Report details record spending, rising bitumen output, and significant increase in Alberta’s oil and gas reserves estimates

Ignis Energy Announces Final Close of $13.6M Series A Round To Advance Global Geothermal Exploration Portfolio

Ignis Energy, a geothermal exploration and development company, today announced the final close of its Series A funding round, securing $13.6 million.

GLOBELEQ SIGNS SHARE PURCHASE AGREEMENT WITH NORFUND TO ACQUIRE A MAJORITY STAKE IN THE LUNSEMFWA HYDRO POWER COMPANY IN ZAMBIA

CAPE TOWN, South Africa and LUSAKA, Zambia, June 19, 2025 /PRNewswire/ -- Globeleq, the leading independent power company in Africa, has signed a share...

Ormat Announces the Completion of Its Acquisition of the Blue Mountain Geothermal Power Plant From Cyrq Energy

RENO, Nev., June 18, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA), (the “Company” or “Ormat”), a leading geothermal and renewable energy company, announced today that it has closed its previously disclosed acquisition of the Blue Mountain geothermal power plant from Cyrq Energy. Under the agreement, Ormat paid $88 million for 100% of the equity interest in the 20MW power plant.

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