US Firm Unveils Compact Water-Jet Rig to Slash Geothermal Drilling Costs by 80% Dig Energy announced on Tuesday that it has secured $5 million in venture funding to revolutionize geothermal drilling with its innovative compact water-jet rig. This groundbreaking technology has the potential to disrupt the geothermal energy industry by significantly reducing drilling costs by […]
Geothermal Energy Startups Rise as Tech Giants Seek Clean Power for AI
The demand for clean energy sources is more crucial than ever, particularly as technology giants increasingly turn to artificial intelligence (AI) and machine learning processes that require immense amounts of power. This shift has led to a surge in interest around geothermal energy, which has emerged as a viable solution for sustainable power. Startups harnessing […]