Latest Geothermal Energy News

Foresta Group Holdings secures a critical extension from New Zealand's Overseas Investment Office and partners with EECA to explore geothermal energy use, pushing forward its flagship Kawerau biomass project.

High Peak Royalties Limited reported stable royalty receipts of A$345,240 for the June 2025 quarter, maintaining cash flow while advancing monitoring of key gas and geothermal assets across Australia and the US.

Earth’s Energy Limited is deepening its assessment of key geothermal assets in South Australia and Queensland, balancing cautious expenditure with strategic evaluations that will shape its future development path.

Vulcan Energy has marked significant milestones in its Phase One Lionheart Project, including drilling progress, a landmark heat supply deal, and a substantial lithium resource upgrade in Germany.

Vulcan Energy has won up to €104 million in grants from German federal and state governments to advance its sustainable lithium production project, bolstering Europe’s electric vehicle battery supply chain.

Vulcan Energy has significantly expanded its lithium brine resource at Mannheim by 76% and reported its first geothermal energy resource estimate, marking a major step in its integrated renewable energy and lithium production strategy in Germany’s Upper Rhine Valley.

Vulcan Energy has signed a landmark 35-year agreement to supply renewable geothermal heat to EnergieSüdwest in Germany, marking a major milestone in its integrated lithium and renewable energy strategy.

Vulcan Energy has received building permits for its 30MW geothermal renewable energy plant in Germany, advancing its goal of carbon-neutral lithium production for Europe’s battery industry.

Vulcan Energy has begun drilling the first new well for its Phase One Lionheart Project in Germany, marking a critical step toward expanding its renewable geothermal energy and lithium production capacity.

Foresta Group Holdings’ subsidiary partners with New Zealand’s EECA to explore geothermal steam for its flagship biomass facility, aiming to boost sustainability and efficiency.

Earth’s Energy Limited reports progress on South Australian geothermal projects with promising feasibility study results, while navigating executive transitions and shareholder governance challenges.

High Peak Royalties reported steady royalty income for Q1 2025, completed a significant geothermal asset sale to Northstar Energy, and achieved a debt-free balance sheet following full repayment of its Macquarie facility.