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Latest Geothermal heating Stories

2009-06-02 14:08:31

U.S. Energy Department Secretary Steve Chu announced nearly $50 million in funding to advance commercial use of renewable energy heating and cooling systems. Chu, who made the Tuesday announcement during a visit to a Fort Wayne, Ind., geothermal heating pump factory, said the money from the American Reinvestment and Recovery Act will aid in the development of heating and cooling systems that use geothermal energy and will also help create new jobs while reducing the use of fossil fuels. The...

2009-05-04 06:59:00

EAST HARTFORD, Conn., May 4 /PRNewswire-FirstCall/ -- The Oregon Institute of Technology will use Pratt & Whitney Power Systems PureCycle(R) geothermal technology to provide approximately 20 percent of the electricity demand on its campus, saving the school about $100,000 annually. This will be the first geothermal power production facility in Oregon. The unit was delivered to OIT in April. Pratt & Whitney is a United Technologies Corp. (NYSE: UTX) company. The PureCycle power...

2009-04-09 08:00:00

Geothermal company relocating to Los Angeles area LOS ANGELES, April 9 /PRNewswire/ -- Craton Equity Partners (http://cratonep.com/) has commenced its second round of funding for EnLink Geoenergy Services (http://www.enlinkgeoenergy.com/). This round, when completed later in the year, will be approximately $10 million; it follows Craton's original investment of approximately $10 million in March 2008. Medley Partners also participated in the second round. The announcement comes as EnLink...

2009-03-19 12:28:00

HARRISBURG, Pa., March 19 /PRNewswire-USNewswire/ -- Pennsylvania homeowners who are going "green" may be eligible for an insurance discount now that the Insurance Department has approved the first energy-efficient discount of its kind, according to Insurance Commissioner Joel Ario. "Some insurers are taking an active role in promoting environmental awareness and taking advantage of growth opportunities in this emerging insurance market," Ario said. "This week we approved a 'green' discount...

2009-03-09 11:07:00

WASHINGTON, March 9 /PRNewswire-USNewswire/ -- The Geothermal Energy Association (GEA) announces three important geothermal events for 2009. GEA's events will showcase geothermal projects to the energy community in Washington D.C., bring developers together with financiers in Seattle, and promote small power and direct use geothermal growth in the U.S. in Oregon, respectively. May 6, 2009, Geothermal Showcase, Newseum, Washington, D.C. - If you can't visit geothermal projects under...

2009-02-14 09:23:00

WASHINGTON, Feb. 14 /PRNewswire-USNewswire/ -- Geothermal energy production in the United States has been on track to double in the next few years and the economic stimulus bill will help sustain this growth, according to industry leaders. "The provisions of the economic stimulus bill will put steam back into the engine of geothermal industry growth," noted Karl Gawell, Executive Director of the Geothermal Energy Association (GEA) In August 2008, GEA reported that the U.S. had about 3,000...

2009-02-11 15:30:00

Electric cooperatives provide rebates and incentives for energy efficiency MONUMENT, Colo., Feb. 11 /PRNewswire/ -- Colorado Gov. Bill Ritter toured Palmer Ridge High School today, getting a firsthand look at the largest geothermal heating and cooling system in Colorado, which allows the new high school to use energy more efficiently and save money. Tri-State Generation and Transmission Association and its electric cooperative member, Mountain View Electric Association, provided more...

2008-11-12 09:00:39

ElectraTherm, Inc. (www.electratherm.com) today announced the successful completion of its 2008 Series A common share capital raise, totaling $2.6 million. The product of four years of successful research and development, the ElectraTherm Green Machine stands alone as the first commercially viable generator to make electricity from low temperature, residual industrial heat that has, until now, gone to waste. "ElectraTherm's disruptive technology is truly rewriting the book on clean energy...

2008-10-09 00:00:36

By David Page The Economic Stability Act of 2008 passed by Congress and signed by President Bush last week includes tax credits for purchasing geothermal heat pumps. ClimateMaster, a subsidiary of Oklahoma City-based LSB Industries, is a major geothermal heat pump manufacturer. Tax credits included in House Resolution 1424 - or the financial industry bailout package - are expected to encourage the purchase of residential and nonresidential geothermal heat pumps. "We believe that the...

2008-10-07 21:00:32

Home and commercial building owners who install geothermal heating and cooling systems are now eligible for federal tax incentives (http://www.dsireusa.org) under the Energy Improvement and Extension Act of 2008 (http://thomas.loc.gov), passed by Congress Oct. 3 as part of the economic recovery package. WaterFurnace International (TSX: WFI) Vice President of Sales and Marketing, Phil Albertson, said, "By passing this important piece of legislation, Congress is encouraging the growth of...


Word of the Day
virgule
  • A punctuation mark (/) used to separate related items of information.
  • A little rod; a twig.
This word comes from the Late Latin 'virgula,' accentual mark, a diminutive of 'virga,' rod.
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