Geothermal

Quaise Energy raises $134M to fuel superhot geothermal ambitions

The startup closed the first tranche of Series B funding as it pushes to build a novel geothermal plant in Oregon and advance its rock-melting drilling tech.

By Maria Gallucci . 7 July 2026

Geothermal plant with Quaise sign on a grassy lot with rolling hills in background — A rendering of Quaise Energy’s 50-megawatt geothermal plant near Oregon’s Newberry Volcano (Quaise Energy)

Electrification

How an NYC high-rise is keeping cool with geothermal energy

New York City’s green building laws are pushing developers toward cleaner technologies — even as state policymakers backtrack on climate change targets.

By Maria Gallucci . 1 July 2026
Geothermal

Eavor plots next step for novel geothermal project after rocky start

The startup’s first-of-a-kind geothermal project hit key milestones in Germany — but also technical hurdles. Now it’s looking for partners to help finish the job.

By Maria Gallucci . 18 June 2026
Offshore wind

Invenergy says Trump’s offshore wind payout will fund a geothermal push

It’s the third developer to ditch offshore wind leases in exchange for payment from the Trump admin. The proceeds will also fund new gas plants.

By Maria Gallucci . 17 June 2026
Geothermal

Want a job drilling for geothermal? A Northeast training hub is coming.

A worker shortage threatens to hold up America’s buildout of geothermal networks. These groups have a plan to address the problem, starting in Massachusetts.

By Sarah Shemkus . 11 June 2026
Geothermal

House passes bipartisan measures to speed geothermal energy projects

The package of geothermal permitting reforms comes as Republicans and Democrats alike look to boost clean, 24/7 power supplies. Now it heads to the Senate.

By Maria Gallucci . 3 June 2026
Geothermal

As geothermal networks grow, so does the call for a new utility model

A bill in Massachusetts would create a framework for a geothermal utility, with the aim of heating and cooling buildings cleanly and affordably.

By Sarah Shemkus . 28 May 2026
Geothermal

Denver has a plan to heat and cool buildings with — wait for it — sewage

Denver’s largest source of emissions is its buildings, which tend to run on fossil fuels. The city is turning to a surprising solution to kick the habit.

By Ishan Thakore . 25 May 2026
Geothermal

Geothermal energy gets boost from new coalition of Western governors

Arizona, Colorado, New Mexico, and Utah are joining forces to accelerate deployment of clean, around-the-clock geothermal energy in the region.

By Maria Gallucci . 21 May 2026
Geothermal

Fervo Energy’s IPO is a milestone for next-gen geothermal

The much-anticipated stock market debut netted $1.9B for Fervo, indicating strong investor interest in the around-the-clock, carbon-free promise of geothermal.

By Dan McCarthy . 13 May 2026
Geothermal

Can the US harness old oil and gas wells to produce geothermal energy?

Red and blue states alike are working to transform abandoned wells from costly, polluting liabilities into sources of clean power and heat.

By Maria Gallucci . 12 May 2026