Oct 29, 2009

Steven Chu & DOE $338 Million to Accelerate Domestic Geothermal Energy

Recovery Act Announcement: Department of Energy Awards $338 Million to Accelerate Domestic Geothermal Energy
These grants will support 123 projects in 39 states, with recipients including private industry, academic institutions, tribal entities, local governments, and DOE's national laboratories. The grants will be matched more than one-for-one with an additional $353 million in private and non-Federal cost-share funds.

"The United States is blessed with vast geothermal energy resources, which hold enormous potential to heat our homes and power our economy," said Secretary Chu. "These investments in America's technological innovation will allow us to capture more of this clean, carbon free energy at a lower cost than ever before. We will create thousands of jobs, boost our economy and help to jumpstart the geothermal industry across the United States."

Full story at EERE News