- U.S. Department of Energy recently announced Biden administration plans to reduce geothermal system costs by 90% to $45 per megawatt hour by 2035
- GeoSolar’s SmartGreen(R) residential and commercial energy systems leverage solar and geothermal energy to dramatically lower or eliminate utility bills
- Additional SmartGreen(R) system customizations include tightening building envelope, insulation upgrades, LED lighting replacement, EV charging infrastructure
The U.S. Department of Energy (“DOE”) recently announced that the Biden administration plans to reduce geothermal system costs by 90% to $45 per megawatt hour by 2035 (https://nnw.fm/JJHUW). Increased awareness and mainstream adoption of the technology will likely benefit Colorado-based GeoSolar Technologies Inc., a leading climate technology company that develops and markets SmartGreen(R) – a residential and commercial energy system that taps into renewable energy sources to dramatically lower or eliminate utility bills.
SmartGreen(R) revolutionizes how residential and commercial building owners heat, cool and power electric appliances and vehicles by leveraging innovative solar and geothermal technology. The company continues to validate SmartGreen(R) throughout multiple test markets with plans to market the…
NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST
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