As the geothermal heat pump market is expected to expand significantly, reaching a growth of USD 5.65 billion by 2028, geothermal drillers and the broader drilling industry stand to benefit from the increased demand for renewable energy installations and associated drilling activities.
The 1 Java Street project, a mixed-used development in Brooklyn, New York with a geothermal heat pump system, has won Project of the Year from the PPI.
The Decarb Boston Summit on June 18th at Sasaki in downtown Boston is set to explore vital sustainability topics like geothermal energy, innovative materials, and financing strategies for decarbonization projects, aiming to advance the city's and attendees' goals for a sustainable future.
Massachusetts is leading the way in the shift from fossil fuels to clean energy with the launch of the country's first utility-operated underground thermal energy network.
Washington state lawmakers have unanimously approved House Bill 2131, enabling utilities to sell thermal energy via thermal energy networks, promising efficient, fossil fuel-free heating and cooling solutions, and a $25 million grant program for initial projects.