ElectraTherm signs deal for geothermal energy project
ElectraTherm Inc., a Carson City manufacturer of equipment to generate electricity by using waste industrial heat, said its system will be tested in a geothermal application.
The company said it signed a deal with Gulf Coast Green Energy of Bay City, Texas, which will use ElectraTherm equipment to generate electricity using heat capture in geothermal brine. The brine is a common byproduct of oil-drilling operations.
The test is funded by the Research Partnership to Secure Energy for America, a nonprofit headquartered at Sugar Land, Texas.
Financial terms weren’t disclosed by privately held ElectraTherm.
Bill Olson, senior vice president of business development for ElectraTherm, said the company believes it may be able to develop a niche selling its generation equipment to small geothermal sites, those generating 50 to 500 kilowatts.