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State Awards $1.6 Million for Geothermal Projects, Including Major Grants in Yampa Valley
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State awards $1.6 million for geothermal projects, including major grants in Yampa Valley
The Colorado Energy Office has awarded $1.6 million in grants to support geothermal heating and cooling initiatives statewide, with significant funding directed to projects in the Yampa Valley, according to a statement released on Monday. This marks the final round of the Geothermal Energy Grant Program, which has distributed $10.3 million to 56 projects since the program’s launch in November 2023. Colorado Mountain College’s Steamboat Springs …
Colorado Energy Office awards $1.6M in grants to geothermal projects
The Colorado Energy Office announced an additional $1.6 million in grants were given to 16 geothermal heating and cooling initiatives across the state as part of its Geothermal Energy Grant Program.
The geothermal sector in North America broke investment records in the first quarter of 2025, attracting $1.7 billion in public funding, 85% of the total annual allocation of 2024, as innovative technologies transform vast unexploited resources into commercially viable clean energy projects, according to a new analysis by Wood Mackenzie.
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