New geothermal projects in Pierce, Colorado, backed by state grants, promise to showcase geothermal energy's potential and create new job opportunities for geothermal drillers nationwide.
Zanskar Geothermal & Minerals, Inc. has acquired the Lightning Dock geothermal power plant in New Mexico from Cyrq Energy, expanding their renewable energy portfolio and reinforcing their commitment to geothermal energy development.
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.
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.
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.