In all, Texas projects draw $25 million of the $338 million in stimulus grants handed out by the feds.
More than $25 million in federal stimulus money is coming to Texas to promote the exploration and advancement of geothermal energy, the U.S. Department of Energy announced Friday.
The grants are part of a $338 million package targeted for geothermal projects in 39 states and the money will be matched dollar-for-dollar with private funds or money from non-federal sources, DOE said.
The big winner among the eight Texas entities included in the package is Southern Methodist University’s Geothermal Laboratory in Dallas, which was awarded $5.25 million. The university says it plans to develop partnerships with experts from academia, industry and national laboratories who have experience in conventional hydrothermal geothermal resource assessment, enhanced geothermal systems, oil and gas recovery and related fields.
