U.S. Geothermal
Boise · Founded 2002
About U.S. Geothermal
Geothermal energy (geo meaning "earth" and thermal meaning "heat") is energy recovered from the heat of the earth's interior. Geothermal heat can appear in the form of volcanoes, hot springs and geysers. The high temperatures in the earth's interior are a result of heat trapped during the formation of the planet, as well as the decay of naturally occurring radioactive elements. Temperatures below the surface can reach 4,200° C, decreasing to 650 - 1200° at depths of 80km-100km. Through the deep circulation of groundwater and the intrusion of molten magma into the earth's crust at depths of only 1km-5km, the heat is brought closer to the earth's surface. The molten rock then heats the surrounding groundwater, which is forced to the surface in certain areas in the form of steam or hot water (i.e. hot springs, geysers). The heat energy close to or at the earth's surface can be utilized as a source of energy.
Company Facts
- Founded: 2002
- Operating status: Active
- Company type: For Profit
- IPO status: Delisted
- Employees: 11 – 50
- Total funding: $102.0M
- Funding stage: M&A
- Last round: Grant (Jun 2010)
- Ticker: nysemkt:HTM
- Website: usgeothermal.com
- Phone: +1 20-8424-1030
Industries & Categories
Electronics, Energy, Geothermal Energy, Renewable Energy
Social Profiles
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