Geothermal Engineering Ltd is a company that was founded in 2008 with the aim of developing geothermal heat and power. The company acts as both Developer and Operator of geothermal projects. Their ethos is to utilise local products and services as much as possible and fund local community projects.
However, according to a news article, Cornwall’s Geothermal Distillery Company is in the approval processes to utilise 2.5MW of the hot water the plant is expected to produce, and has plans for a pioneering £4million research centre.
According to CB Insights, Geothermal Engineering’s competitors include Hevatech, Alight, Eavor Technologies, Enerdrape, Fervo Energy, Eden GeoPower, GreenFire Energy, GA Drilling, Renewable Japan, Controlled Thermal Resources and 38 more.
However, according to a news article, Cornwall’s Geothermal Distillery Company is in the approval processes to utilise 2.5MW of the hot water the plant is expected to produce, and has plans for a pioneering £4million research centre.
According to CB Insights, Geothermal Engineering’s competitors include Hevatech, Alight, Eavor Technologies, Enerdrape, Fervo Energy, Eden GeoPower, GreenFire Energy, GA Drilling, Renewable Japan, Controlled Thermal Resources and 38 more.
Location: United Kingdom, England, St. Day
Phone: +44 1326 331920
Total raised: $17.75M
Funding Rounds 1
| Date | Series | Amount | Investors |
| 09.03.2023 | - | $17.75M | - |
Mentions in press and media 3
| Date | Title | Description |
| 09.03.2023 | Geothermal Engineering Raises £15M in Funding | Geothermal Engineering Ltd, a London & Cornwall, UK-based developer and operator of geothermal plants, raised £15M in funding. Backers included Kerogen Capital and Thrive Renewables PLC. The company intends to use the funds to advance i... |
| - | Geothermal Engineering | “Geothermal Engineering Ltd – Geothermal Energy” |
| - | Rare earth discoveries mean coal mines could have a key role to play in the energy transition | The production and use of coal has become a thorny issue, with critics slamming the fossil fuel’s huge impact on the environment. As the debate surrounding coal continues, discussions about using it in the shift to a more sustainable future... |