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Project Pluton to Enable Geothermal Energy Anywhere in The World - Terawatts of Clean, Secure and Baseload Energy by 2050
HOUSTON, TX and HALIFAX, NS / ACCESSWIRE / April 22, 2021 / Sage Geosystems, a leader in heat harvesting solutions with modern oilfield expertise and methodologies to enable geothermal energy anywhere in the world ( SAGE ) and Metamaterial Inc. ( META ) (CSE:MMAT) a developer of high-performance functional materials and nanocomposites, today announced that META has collaborated with SAGE to submit a $10,000,000 initial proposal under an open call for the Advanced Research Projects Agency - Energy (ARPA-E) U.S. Department of Energy. If successful, the project (codenamed Pluton ) will run over a three-year period. The proposal will validate aspects of META s NANOWEB® proprietary production methodology to develop a novel Thermo-Electric Generator (TEG) system. SAGE has teamed up with META to model, co-develop, investigate, and validate a new TEG technology
Sage Geosystems Collaborates with Metamaterial on Subsurface Thermo-Electric Generation as a Sustainable Solution Path investingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investingnews.com Daily Mail and Mail on Sunday newspapers.
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SELBYVILLE, Del., April 19, 2021 /PRNewswire/ The ORC Waste Heat to Power Market is anticipated to cross USD 15 Billion by 2027, as reported in the latest study by Global Market Insights Inc. Significant installation for geothermal energy sources coupled with stringent emission norms will proliferate the business outlook in the coming years.
Global Market Insights Inc.
Surging electricity demand from heavy industries will fuel the need for an efficient waste heat recovery system, which will ultimately boost the deployment of ORC units. Moreover, the favorable policy framework for the adoption of sustainable technologies across industries will complement ORC waste heat to power industry statistics over the forecast timeline.
EXERGY INTERNATIONAL SRL
EXERGY is a global leading company in the design, engineering and manufacturing of Organic Rankine Cycle power plants for power production from renewable energy sources (geothermal, biomass, solar) and from exhaust heat recovered from industrial processes and power generation stations. EXERGY s ORC systems stand out in the market for uniquely utilizing the pioneering technology of the Radial Outflow Turbine (ROT). EXERGY has a portfolio of over 300 MW of capacity installed or under construction. Mailing Address: