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Quaise Advances Superhot Geothermal
Coverage from Canary Media, Global Renewable News, and others
Articles
4
Active Days
60
The Topic
Quaise Energy is advancing a superhot geothermal approach built around millimeter-wave drilling, with new funding, strategic investors, and continued progress on its first commercial project in Oregon. The work matters because it aims to reach much hotter rock than conventional geothermal methods, which could expand where geothermal power is viable and increase output per well. The current coverage is centered on financing, technical demonstration progress, and the path toward Project Obsidian's first power.
First Article: 05/10/26
Latest Article: 07/08/26
Summary
- Quaise closed the first $134 million tranche of its Series B round, lifting total funding and adding major strategic support.
- Project Obsidian in Oregon remains the focal project, framed as the company's first commercial superhot geothermal plant.
- The core technical bet is millimeter-wave drilling that can reach much deeper, hotter rock than conventional geothermal methods.
- Quaise has reported field progress in Texas, including drilling through granite and moving toward deeper non-contact drilling demonstrations.
- Strategic investors such as JERA and Idemitsu signal broader interest in next-generation geothermal beyond a single company story.
- The topic connects finance, drilling technology, and project execution, with first grid power still projected for 2030.
History
This topic is new, but as new articles are added to it this area will summarize shifts, changes and expansions of the issues.
Featured
Timeline: 60 Days
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