business / news / / Forbes
Interest in geothermal power lately has centered on companies that use new techniques to artificially coax this carbon-free source of electricity out of the ground.
Zanskar Geothermal uses AI-powered analysis to discover previously unknown natural geothermal wells.
KEY POINTS
- Zanskar secured a $40 million credit line, expandable to $100 million, for early-stage geothermal projects.
- Their AI approach identified many more exploitable geothermal sites than previously thought possible in the U.S. West.
- If U.S. drilling rigs shifted to geothermal, 50-100 gigawatts of new capacity could be added rapidly.
COMPANIES
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