Quaise Energy in line for up to $25 million from feds for Newberry geothermal project

HOUSTON — Quaise Energy, a leading developer of utility-scale superhot geothermal energy, announced Tuesday that it has been selected by the U.S. Department of Energy for up to $25 million in funding under the Next-Generation Geothermal Field Tests and Geothermal Resource Characterization and Confirmation funding opportunity.

Tuesday, Sep 22, 2026