Ebenezer
TheEbenezer News

World

American startup raises $180 million to drill rock over 5km deepto build world's first superhot geothermal plant at 500 °C

Quaise Energy has successfully raised $180 million for its groundbreaking superhot geothermal plant initiative. Utilizing cutting-edge microwave technology, the project vaporizes rock instead of using conventional drill bits. Collaboration with Nabors Industries will provide esse

This story summarizes reporting from Times of India. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on Times of India →
TOI World Desk30 Aug 2026, 07:25 amUpdated 12h ago1 min readWorldWorld
American startup raises $180 million to drill rock over 5km deep to build world's first superhot geothermal plant at 500 °C

World — TOI World Desk

Quaise Energy has successfully raised $180 million for its groundbreaking superhot geothermal plant initiative. Utilizing cutting-edge microwave technology, the project vaporizes rock instead of using conventional drill bits. Collaboration with Nabors Industries will provide essential drilling expertise and equipment. The Obsidian Project, located in Oregon, is set to generate 50 MW by 2030, paving the way for a sustainable energy future.

This report is published with credit to Times of India. The wire sent a summary; open the original for any extra context. Read on Times of India →

Source: Times of India · TOI World Desk. Published 30 Aug 2026, 07:25 am.

Next news → Eight killed and others missing after ferr…Browse more stories

Keep reading

Most relevant

Eight killed and others missing after ferry capsizes off northern Cyprus

Eight killed and others missing after ferry capsizes off northern Cyprus

A search and rescue operation is under way after a ferry carrying nearly 270 people turns over after leaving port.

Read on BBC News →

Editor’s choice

Deportees Sent to Liberia Recount Harrowing Details of U.S. Expulsion and Treatment by ICE

Deportees Sent to Liberia Recount Harrowing Details of U.S. Expulsion and Treatment by ICE

Ten deportees said they experienced or witnessed what they called abusive or violent treatment by ICE. They spent months in detention, they said, before being sent to nations where they had no ties.

Read on The New York Times →

Also developing

Colorado has logged more than 7,000 bear sightings in 2026, topping its previous full-year record

Colorado has logged more than 7,000 bear sightings in 2026, topping its previous full-year record

In recent months, severe drought conditions in the American West have driven malnourished bears into urban areas in search of food. With natural vegetation dwindling, bears have turned to human settlements, often scavenging through trash cans. These encounters, which typically st

Read on Times of India →
Back to the desk
info@ebenezerdigital.com+91 98944 96560WhatsApp