Geothermal energy has become an increasingly popular source of renewable energy in the United States. With its potential to provide clean and sustainable power, numerous companies have emerged in the geothermal energy sector. This article will provide an overview of the top 10 geothermal energy companies in the US, including their sector, year founded, annual revenue, short description, and website link.
Geothermal energy holds immense potential as a reliable and sustainable source of power for various industries and utilities. As the demand for clean energy solutions continues to rise, an increasing number of geothermal energy companies are at the forefront of driving innovation and harnessing the Earth’s heat to generate electricity. In the US, these companies are making significant contributions to the renewable energy landscape, providing opportunities for businesses and consumers to access cleaner and more sustainable energy options.
1. Ormat Technologies
– Sector: Geothermal Power Generation
– Year Founded: 1965
– Annual Revenue: $724 million (2019)
– Short Description: Ormat Technologies is a leading geothermal energy company that designs, develops, and operates geothermal and recovered energy power plants around the world, offering solutions for clean energy production.
– Website: [Ormat Technologies](https://www.ormat.com/)
2. Calpine Corporation
– Sector: Geothermal Power Generation
– Year Founded: 1984
– Annual Revenue: $8.75 billion (2020)
– Short Description: Calpine Corporation is a major player in geothermal power generation, operating multiple geothermal facilities that provide renewable energy to meet the growing demand for sustainable electricity.
– Website: [Calpine Corporation](https://www.calpine.com/)
3. Enel Green Power North America
– Sector: Geothermal Power Generation
– Year Founded: 2008
– Annual Revenue: $2.84 billion (2019)
– Short Description: Enel Green Power North America is a leading renewable energy company, with a strong focus on geothermal energy production, contributing to the advancement of sustainable power solutions.
– Website: [Enel Green Power North America](https://www.enelgreenpower.com/)
4. U.S. Geothermal Inc.
– Sector: Geothermal Power Generation
– Year Founded: 2002
– Annual Revenue: $16.06 million (2017)
– Short Description: U.S. Geothermal Inc. is dedicated to the development and production of renewable, sustainable, and environmentally friendly geothermal power projects in the Western United States.
– Website: [U.S. Geothermal Inc.](https://www.usgeothermal.com/)
5. Berkshire Hathaway Energy
– Sector: Geothermal Power Generation
– Year Founded: 1991
– Annual Revenue: $85.6 billion (2019)
– Short Description: Berkshire Hathaway Energy is a conglomerate involved in various energy activities, including a significant investment in geothermal power projects, supporting cleaner energy initiatives.
– Website: [Berkshire Hathaway Energy](https://www.berkshirehathawayenergyco.com/)
6. Cyrq Energy
– Sector: Geothermal Power Generation
– Year Founded: 2005
– Annual Revenue: Not available
– Short Description: Cyrq Energy is focused on the development, acquisition, and operation of geothermal power generation facilities, contributing to the increase of renewable energy resources.
– Website: [Cyrq Energy](https://www.cyrqenergy.com/)
7. Terra-Gen
– Sector: Geothermal Power Generation
– Year Founded: 2007
– Annual Revenue: Not available
– Short Description: Terra-Gen is a renewable energy company with a strong presence in geothermal power generation, actively contributing to sustainable energy solutions in the US.
– Website: [Terra-Gen](https://www.terra-gen.com/)
8. Magnum Development
– Sector: Geothermal Power Generation
– Year Founded: 2007
– Annual Revenue: Not available
– Short Description: Magnum Development is involved in geothermal energy projects, aiming to advance the development of sustainable and reliable power generation through geothermal resources.
– Website: [Magnum Development](https://www.magnumdev.com/)
9. Vulcan Power Company
– Sector: Geothermal Power Generation
– Year Founded: 2009
– Annual Revenue: Not available
– Short Description: Vulcan Power Company focuses on the exploration, development, and operation of geothermal energy projects, contributing to the expansion of renewable energy sources.
– Website: [Vulcan Power Company](https://www.vulcanpowergroup.com/)
10. AltaRock Energy
– Sector: Geothermal Power Generation
– Year Founded: 2007
– Annual Revenue: Not available
– Short Description: AltaRock Energy is dedicated to advancing geothermal power technology, with a focus on developing innovative and sustainable solutions for clean energy production.
– Website: [AltaRock Energy](https://www.altarockenergy.com/)
The emergence of these top geothermal energy companies in the US reflects the growing significance of geothermal power generation as a sustainable and clean energy solution. As the demand for renewable energy continues to rise, these companies play a pivotal role in advancing the use of geothermal resources to meet the increasing energy needs of various industries and consumers.
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