United States: $338M in Recovery Act Funding Energizes Geothermal Industry.(Industry overview)

TendersInfo | November 2, 2009 | Copyright

Byline: sanjayV03

The Obama administration is financing an expansion of the U.S. geothermal industry, investing $338 million in Recovery Act grant funding to support the exploration and development of new geothermal fields and research into advanced geothermal technologies. In addition, the grants will support the deployment and creative financing approaches for ground source heat pumps to heat and cool buildings.

Energy Secretary Steven Chu announced Thursday that the grants will be awarded to 123 projects in 39 states, with recipients including private ...

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