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DOE Announces $171 Million For Geothermal Expansion
DOE Announces $171 Million For Geothermal Expansion
The DOE released a Notice of Funding Opportunity offering up to $171.5 million for next-generation geothermal field tests and resource exploration.
The program targets field-scale demonstrations of enhanced geothermal systems (EGS) for electricity generation, along with drilling to characterize and confirm hydrothermal and next-gen prospects nationwide.
The funding splits into two initial open topics: up to $100 million for EGS field tests and $71.5 million for exploratory drilling. Letters of intent are due March 27, with full applications due April 30. The move directly supports...
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Aug 2, 2026 / Tyler Durden
Female Bomber Kills At Least 3, Injures 21, At Upscale Moscow Restaurant
Female Bomber Kills At Least 3, Injures 21, At Upscale Moscow Restaurant
A bomb ripped through a central Moscow upscale restaurant mid-evening on Saturday in what authorities are calling a "brutal terrorist act" - which left three people dead and wounded at least 21.
"Yesterday, a brutal terrorist act was committed in Moscow that claimed human lives. The victims are currently in the city’s hospitals, where they are receiving all necessary care," Moscow mayor Sergei Sobyanin stated Sunday.
via BBC
The location was at Kudrinkskaya Square outside an Italian restaurant, in one of Moscow’s seven...
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Jul 28, 2026 / Tyler Durden
This Is The Chart That Jensen Huang Does Not Want You To See
This Is The Chart That Jensen Huang Does Not Want You To See
In October 2025, while the world and his pet rabbit was buying anything-AI with both hands and feet, we were the first to warn that "AI Is Now A Debt Bubble Too, Quietly Surpassing All Banks To Become The Largest Sector In The Market"...
...as the world began to wake up to the negative free cash flow implications of the unprecedented CapEx spend required to achieve AI-Utopia... and therefore the need to fund that via debt (and equity)...
The...
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Jul 9, 2026 / Tyler Durden
NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure
NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure
Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom.
The former Pfizer headquarters at 235 East 42nd Street, being converted by David Werner and Nathan Berman's Metro Loft Management into more than 1,600 residential units, has become a high-profile example of the risks of repurposing aging office towers into housing at...
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