Tajogaite Energía SL has formalized an agreement with the Volcanological Institute of the Canary Islands (Instituto Volcanológico de CanariasINVOLCAN) to carry out surface geothermal research and exploration work in the 19 mining grids that have been granted by the Government of the Canary Islands. The work will focus on the application of innovative geophysical and geochemical techniques to determine and delimit the areas with the greatest geothermal potential.

As announced in 2024, geothermal exploration rights were granted to Tajogaite Energía (among several other companies) following a public tender. More specifically, the 19 mining grids awarded to the company are located in the Jedey area in the western region of the island of La Palma.

The Minister of Innovation, Research and Development, Juan José Martínez, highlighted the extensive experience of INVOLCAN in this field, stating that the group has conducted geothermal exploration in very diverse geological, tectonic, and volcanic settings. The scientific team of INVOLCAN is currently involved in geothermal exploration research in six countries – Cape Verde, Spain, Italy, Portugal, São Tomé and Príncipe, and Switzerland.

INVOLCAN is part of the Institute of Technology and Renewable Energy (ITER) Group, based in Tenerife. Carlos Suárez Rodríguez, CEO of ITER, further emphasized the 15 years of experience of the Institute in developing surface geothermal reserch and exploration projects in the Canary Islands.

“This international track record demonstrates that INVOLCAN possesses proven scientific and technical expertise in surface geothermal exploration, acquired in some of the most diverse volcanic and geothermal environments on the planet. Furthermore, it constitutes a significant asset for transferring international knowledge, methodologies, and experience to the Canary Islands, as well as for projecting the archipelago’s scientific and technological capabilities in the field of geothermal energy on a global scale,” commented José Navalón, representative of Tajogaite Energía.

Source: ITER and Boletin Oficial del Estado