geothermal heat pump News
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Geothermal Heat Pump Installations Represent 1% of Heating and Cooling Market
Global Information, Inc. presents a new market research report, "Geothermal Heat Pumps and Direct Use" by Pike Research. Direct use of geothermal, primarily heat pumps, is on the rise as demand for electricity expands worldwide and energy prices increase. Geothermal heat pumps provide an efficient and reliable option for residential commercial and institutional building owners by exploiting ...
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Canada Greener Homes Grant
Saving energy saves you money – Get up to $5000 in grants for geothermal heat pump ...
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Installed Capacity of Geothermal Heat Pumps Will Grow by Nearly 150 Percent by 2020
Geothermal heat pump (GHP) systems, which harness moderate and constant temperatures just below the Earth’s surface, are being deployed in nearly every region of the world and in residential, commercial, institutional, and industrial environments with great success. Despite recent setbacks in deployments in many parts of the world due to the economic downturn, the future looks bright for ...
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End-of-Year Budget and Covid Relief Package Includes Tax Benefits for Geothermal Heat Pumps
After eight months of start-and-stop negotiations, Congress has successfully brokered a massive end-of-year budget and pandemic relief deal which includes major economic stimulus components including an extension of federal tax credits for geothermal heat pump (GHP) installations. The legislation moves on to the White House for President Trump’s signature. As part of the deal, the Energy ...
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Geothermal heat pumps will surpass $17 billion in annual revenue by 2020
Geothermal heat pumps will surpass $17 billion in annual revenue by 2020 Geothermal heat pump (GHP) systems – sometimes referred to as ground source heat pumps – are a growing part of the worldwide movement toward using renewable energy sources for building heating and cooling. Harnessing moderate and constant temperatures just below the Earth’s surface, GHP systems play a ...
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Secretary Chu announces nearly US$50m of recovery act funding to accelerate deployment of geothermal heat pumps
During a visit to Fort Wayne, Indiana, where he toured a manufacturer of geothermal heating pumps (GHPs), U.S. Energy Secretary Steven Chu today announced nearly $50 million from the American Reinvestment and Recovery Act to advance commercial deployment of the renewable heating and cooling systems, which use energy from below the Earth's surface to move heat either into or away from the home or ...
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Webinar. Promoting transparency on energy costs: heating & cooling solutions
Industry players from the Renewable Heating and Cooling sector (bioenergy, geothermal, solar thermal, air-source/water based/geothermal heat pumps) are invited to participate in an online workshop with the following topics: Levelised costs of heating and cooling: a new common approach Acquiring a heating and cooling system: Key decision factors in five European countries Comparing solutions: ...
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Statement by energy Secretary Steven Chu on groundbreaking for geothermal heat pump at the Colorado State Capitol
"Today's announcement is another example of how the Recovery Act is benefiting Colorado and states across the country. This project will help save taxpayers money, reduce our dependence on foreign oil, and support Colorado's role as a leader in the clean energy economy of the future," said U.S. Energy Secretary Steven ...
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GEO Announces Cooperative Engagement Initiative
The Geothermal Exchange Organization (GEO), a national non-profit trade association promoting the manufacture, design and installation of geothermal heating and cooling systems, announces a new effort to increase its involvement with rural electric cooperatives (RECs) to promote and support the installation of geothermal heat pumps. “Geothermal is the most energy efficient and ...
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Dandelion Energy Celebrates New Tax Credit for New York Homeowners Who Install Geothermal Systems
Dandelion Energy, the nation’s leading home geothermal company, celebrates the passing of the New York state budget, which includes a new tax credit for residential geothermal heat pump installations in New York. The new geothermal tax credit is available for any system installed after January 1, 2022, and homeowners can carry the tax credit forward for five years if their New York income ...
By Dandelion
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Pennsylvania Expands Keystone HELP Loan Program to Help Homeowners Install Money-Saving Geothermal Systems
New Program Puts Federal Recovery Act Funds to Work Creating Jobs, Producing Clean Energy HUMMELSTOWN, Dauphin Co., - Pennsylvania homeowners who want to cut their heating and cooling bills in half now have a new, affordable method for financing clean geothermal heat pump systems, Department of Environmental Protection Secretary John Hanger and Pennsylvania Treasurer Rob McCord announced today. ...
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The Geothermal Resources Council Announces 2016 Amateur Photo Contest
The Geothermal Resources Council (GRC) is pleased to announce this year’s Amateur Photo Contest. The purpose of the contest is to showcase quality photography featuring geothermal energy around the world. The winners will be announced at the GRC Annual Member Meeting and Awards Luncheon, the climax to the 40th GRC Annual Meeting & GEA Geothermal Energy Expo being held in Sacramento, ...
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Bosch Contributions to Canada`s EcoPlusHome Generate Significant Energy Savings
Can a family of six live their everyday life without dependence on fossil fuels for an entire year? By integrating its leading efficient geothermal, solar and home appliance technologies, Bosch helped Canada's EcoPlusHome demonstrate that today's modern family can live a net zero existence without compromising comfort or cost. Through the use of both passive and active eco-friendly efforts, the ...
By Robert Bosch
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Geothermal Installation Showcased by MassCEC
Recently, one of our installations was showcased by the Massachusetts Clean Energy Center as a geothermal success story. Before Geothermal Installation: The 3700 square foot home had an oil boiler, two hydro-air units, and two air conditioning condensers. Despite having the air conditioning evaluated by several HVAC companies, it never worked properly. Between 1997 and 2016, the average oil ...
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Federal Budget and Stimulus Signed into Law - Credits for Geothermal Included
President Trump ended several days of uncertainty last night, signing into law a massive budget, economic stimulus, and Covid-19 relief package. As we mentioned last week, this legislative package includes an extension for commercial and residential geothermal heat pump (GHP) tax credits. See our announcement from last week here. The new law extends the credits for GHP installations through ...
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2015 Geothermal Resources Council Scholarships Announced
The Geothermal Resources Council (GRC), a non-profit educational association dedicated to the promotion of geothermal energy and associated technologies around the world, is pleased to announce the availability of the 2015 GRC Scholarship Awards. To qualify for one of these awards a student must be a GRC member (student memberships are only $5 per year) as well as a student in an accredited ...
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The Geothermal Resources Council Announces 2018 Amateur Photo Contest
The Geothermal Resources Council (GRC) is pleased to announce this year’s Amateur Photo Contest. The purpose of the contest is to showcase quality photography featuring geothermal energy around the world. The winners will be announced at the GRC Annual Meeting & Expo being held in Reno, Nevada, USA from October 14-17. The first place winner will receive $150, second place - $100, and ...
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The Geothermal Resources Council Announces 2014 Amateur Photo Contest
The Geothermal Resources Council (GRC) is pleased to announce this year’s Amateur Photo Contest. The purpose of the contest is to showcase quality photography featuring geothermal energy around the world. The winners will be announced at the GRC Annual Member Meeting and Awards Luncheon, the climax to the 38th GRC Annual Meeting & GEA Geothermal Energy Expo being held at the Oregon ...
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2016 Geothermal Resources Council Scholarships Announced
The Geothermal Resources Council (GRC), a non-profit educational association dedicated to the promotion of geothermal energy and associated technologies around the world, is pleased to announce the availability of the 2016 GRC Scholarship Awards. To qualify for one of these awards a student must be a GRC member (student memberships are only $5 per year) as well as be a student in an accredited ...
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Deadline for GRC Geothermal Photo Contest is Next Week
The Geothermal Resources Council (GRC) is pleased to announce this year’s Amateur Photo Contest. The purpose of the contest is to showcase quality photography featuring geothermal energy around the world. The winners will be announced at the GRC Annual Member Meeting and Awards Luncheon, the climax to the 39th GRC Annual Meeting & GEA Geothermal Energy Expo being held at the Peppermill ...
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