XPrize competition to drive innovation for next-gen geothermal plants

Geothermal energy is experiencing unprecedented growth, driven by technological, industrial and energy-related advancements that are expanding its potential. Advanced drilling techniques, closed-loop systems and increasingly sophisticated mapping tools now make it possible to access deeper and hotter geothermal resources, opening new opportunities in areas once considered unsuitable for development. This progress is finally accelerating a sector that had long been marked by slow and geographically limited growth.

In this landscape, Turboden stands out as a key player. The company, part of the Mitsubishi Heavy Industries group, is expanding its production capacity in both Italy and the United States to meet the rising demand for next generation geothermal technologies and industrial heat recovery solutions.
Its strategic role is further confirmed by the supply of ORC units for Cape Station, Fervo Energy’s flagship project in Utah.

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