Nabors invested $35 million to become Quaise Energy’s largest shareholder with a 14% diluted stake and an exclusivity deal to support Project Obsidian.
Extended EGS test in Utah runs 90–120 days at the DOE-funded FORGE site to study thermal decline and water loss and inform commercial EGS viability.
Hephae’s high-temp tool aims to cut downtime and costs for superhot geothermal drilling at Fervo’s 500 MW Cape Station while the company scales its fleet.
Microsoft and G42’s stalled Olkaria data centre raises local water questions in Naivasha; the project cites geothermal power but gives no project-specific water figures.
Baseload Capital named a new CEO and is pivoting toward geothermal partnerships, Sladjana Djunisic reported for Renewables Now on Aug 20, 2026.
Ormat EGS aims to deliver baseload geothermal for hyperscaler AI demand, scaling from 1.85 GW toward multi-hundred-MW EGS projects and batteries.
Utah energy policy has captured DOE attention as the department shifts to adding baseload capacity; Curt Coccodrilli says geothermal and coal are central
Geothermal HVAC deserves a place in capital planning: use feasibility studies, lifecycle-cost analysis and incentives to decide whether it fits 40–50-year
Geothermal Frontier platform maps research capacity and lab capabilities worldwide and offers country-level profiles; launched by Clean Air Task Force.
ARISE, led by Portland State and backed by DOE, uses AI to lower geothermal exploration costs by improving underground temperature estimates and targeted