Dartmouth-based Metamaterial Inc., which makes advanced materials, is entering the geothermal electricity market in a partnership with Houston-based Sage Geosystems.
The two companies this week announced that they are collaborating on a next-generation geothermal technology called Pluton that is designed to drastically lower the price of geothermal and allow geothermal facilities in more locations. They are planning a $10 million prototype facility this year and have applied for funding under the U.S. Department of Energy’s Advanced Research Projects Agency – Energy, or ARPA-E, program.