Secretive Altarock latest to join rush to geothermal
A secretive Seattle geothermal technology company called Altarock Energy has raised $4 million in a first round of venture backing from high-profile Silicon Valley investors, the latest in dash by investors to tap into the earth’s heat to generate electricity.
Geothermal has been largely overlooked as a source of alternative energy in recent years, according to a study by the Massachusetts Institute of Technology, and so has become the latest darling of investors looking for areas… Continue Reading