Ormat selected for up to $25 million in DOE funding for Dixie Valley EGS project in Nevada
Bitget2026/09/24 20:40- Ormat won selection for up to approximately USD 35 million in DOE funding for geothermal development at Dixie Valley, Nevada, and Cove Fort, Utah.
- Dixie Valley EGS project slated for up to USD 25 million to support design, drilling, testing, validation of an EGS doublet.
- Cove Fort hydrothermal program targeted for up to USD 9.7 million for drilling and subsurface characterization in carbonate formations.
- Awards remain subject to completion of DOE award negotiations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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