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Geothermal Projects Development Fund

Sector: Geothermal • Location: Albuquerque, New Mexico, United States

Source: The Business Journals

Project
Planned

House Bill 289 aims to boost geothermal energy projects in New Mexico by providing grants for studying and financing approved projects. The bill sets aside $20 million from the state's general fund to support these initiatives starting in the 2026 fiscal year.

Status
Prospective
Sector
Geothermal
Location
Albuquerque, New Mexico, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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The project “Geothermal Projects Development Fund” is an infrastructure initiative in the Geothermal sector, located in Albuquerque, New Mexico, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Not available for this record.

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

House Bill 289 aims to boost geothermal energy projects in New Mexico by providing grants for studying and financing approved projects. The bill sets aside $20 million from the state's general fund to support these initiatives starting in the 2026 fiscal year.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

New Mexico

City

Albuquerque

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Geothermal

Article published date

2025-03-09

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