$171.5M DOE Funding Opportunity

On February 25, 2026, the U.S. Department of Energy (DOE) announced a $171.5 million funding opportunity to support field-scale geothermal tests (including electricity generation demonstrations) and exploration drilling to characterize and potentially confirm promising geothermal prospects. For organizations that already manage federal awards—and for construction and drilling contractors looking to expand in geothermal—this is a near-term window to position teams, scope work, and line up... By: Davis Wright Tremaine LLP