Zanskar thinks 1 TW of geothermal power is being overlooked
Zanskar has raised $115 million to find about a dozen geothermal resources that could help power the grid throughout the U.S. West.
Zanskar has raised $115 million to find about a dozen geothermal resources that could help power the grid throughout the U.S. West.
Geothermal startup Mazama Energy said it drilled a borehole that set a temperature record. Such superhot rocks could make geothermal a key player in data center power.
Rodatherm Energy emerged from stealth with $38 million in Series A funding. It plans to build a closed-loop geothermal power plant that uses refrigerants to move heat to the surface.
Dig Energy’s water-jet drilling right promises to cut drilling costs by up to 80%, helping geothermal heating hit price parity with fossil fuel furnaces.
Geothermal energy startups including Fervo Energy and Sage Geosystems are signing key deals that bring their technology closer to broader commercial deployment.