Department of Energy awards $338 million in grants for 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 US has huge geothermal resources. The grant money will be used to identify and develop new fields.