Geothermal group applauds investment pledge
The Geothermal Energy Association today applauded President Obama's announcement of $350 million in new investment in geothermal energy.
The associated noted that Hawaii is one of 12 states with plans for 126 new geothermal projects. The GEA estimates that bringing these projects on line could help economic recovery by spurring as many as 100,000 new jobs.
“There are more geothermal power projects under development today than have been built in the history of the United States,” said to Karl Gawell, GEA’s executive director.
“This stimulus funding will help make sure those projects are successfully completed and will help develop the technology needed to bring tens of thousands of additional megawatts on line.”