New York backs tech that cuts installation time for ground-source heat pumps

Dandelion Energy claims its Sonic Drill Suite technology reduces the time it takes to install geothermal systems from up to one week to one day

New $30m loan to support business energy efficiency in Egypt

They will cover investments in technologies such as thermal insulation, solar panels, geothermal heat pumps and water-efficient irrigation systems

Eden Project lands £16.8m for geothermal energy

The finance from the European Union, Cornwall Council and an institutional investor will allow the first phase of the project to begin

US ‘has 60GW of untapped geothermal energy capacity under its feet’

That’s the verdict from the US Department of Energy (DoE), which says the underground power source is “America’s untapped energy giant”

SC Johnson freshens up energy use with geothermal heat and cooling

The manufacturer of household cleaning supplies expects the move to save around 62% of its energy usage

Finance
Billionaire-financed firm invests $12.5m in geothermal tech

Breakthrough Energy Ventures is financed by investors such as Jeff Bezos and Bill Gates

Cornwall coast
Cornwall’s granite ‘could see geothermal energy really hotting up’

That’s the verdict from the British Geological Survey, which is working as part of a £1.8 million research project

Could disused coal mines be the key to clean heat?

A geothermal research observatory and field site will research how underground warmth could heat local buildings

Samsung commits to 100% renewable energy by 2020

The company is set to install around 42,000 square meters of solar panels at its headquarters in South Korea

Geothermal project at Welsh mine awarded £6.5m

The government has awarded a £6.5 million grant to a geothermal energy project in Wales. The project in Bridgend will pump naturally-heated water from an old coal mine called the Caerau Colliery and use it to heat 150 homes. The scheme, which is estimated to cost a total of around £9.4 million, will pump water […]