HammerDrum AG has developed and successfully deployed the world’s first fully automated geothermal drilling robot, promising cost-effective and accessible deep drilling for urban and large property geothermal energy solutions.
NYSERDA will issue the bonds through its Green Jobs - Green New York program, which offers solar and energy efficiency loans to one-to-four-family residential structures.
The U.S. Department of Energy’s Geothermal Technologies Office announces a $7 million funding opportunity to study the role of geothermal energy in achieving a decarbonized and stable electricity grid by 2035.
This legislation empowers municipalities, businesses, and community-based organizations to operate Thermal Energy Networks, fostering a more sustainable energy infrastructure across the state.
Colorado announces a $7.7 million investment in geothermal energy projects to enhance clean energy generation, support economic diversity, and create sustainable job opportunities while advancing the state's goal of net-zero emissions by 2050.
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.