Sage Geosystems Secures Financing for Hybrid Geothermal Field Pilot
Sage Geosystems Secures Financing for Hybrid Geothermal Field Pilot A $3-million investment by a climate fund founded by TED curator Chris Anderson and an additional $2-million investment by a subsidiary of Helmerich & Payne will fund a hybrid CLG/EGS demonstration well in Texas. Drilling could begin this summer. January 26, 2021 Source: Sage Geosystems Sage Geosystems (Sage), a Houston-based firm focused on hot-dry-rock geothermal energy development, has received funding for a Phase 1 demonstration well using its HeatRoots technology. Sage plans to begin drilling the well, wh...
Source: spe.org