The United Nations aims to transform current environmental instability into a new sustainable paradigm through a “green” transition that reduces fossil fuel use and substitutes renewable energy sources (https://ibn.fm/3A1r3). According to the organization’s Strategic Plan 2020-2023: “Urbanization has not yet completed a full transition away from fossil-fueled energy, resulting in extensive air pollution, which damages the health of vulnerable groups, in particular children and the elderly.”
Colorado-based GeoSolar Technologies (“GST”), a leading climate technology company, is dedicated to facilitating the transition with SmartGreen(TM) residential and commercial energy systems that reduce or eliminate carbon emissions while providing energy independence. With a successful track record of installations in Colorado, SmartGreen(TM) technology recently earned top scores on the Home Energy Rating System (“HERS”) Index – the industry’s gold standard for calculating energy performance and efficiency.
SmartGreen(TM) provides a total energy makeover, including rooftop photovoltaic solar panels and geothermal ground loops that leverage warmth beneath the earth’s surface to heat and cool the building year-round. The system also includes multiple efficiency improvements, including upgraded windows, insulation, and LED lighting systems.
The U.S. Department of Energy (“D.O.E.”) is making strides to ease the transition with government programs that aim to reduce geothermal system costs by 90% to $45 per megawatt hour by 2035 (https://ibn.fm/mJawS). According to the D.O.E., 40 million homes can be powered by a small fraction of the country’s geothermal energy. Besides helping the administration reach its goal of 100 percent pollution-free electricity by 2035, the bold move also contributes to the UN goal of reaching net-zero emissions by 2050 under the Paris Agreement (https://ibn.fm/MLb4o).
“The United States has a vast, geothermal energy resource lying right beneath our feet, and this program will make it economical to bring that power to American households and businesses,” said U.S. Secretary of Energy Jennifer M. Granholm. “D.O.E.’s Enhanced Geothermal Shot will move geothermal technology from research and development to cost-effective commercial adoption, helping energy communities and workers transition to producing clean energy for the future.”
In addition, GeoSolar was recently qualified by the U.S. Securities and Exchange Commission to conduct a Regulation A+ capital raise. For more information on the company’s capital raise, please visit https://www.manhattanstreetcapital.com/geosolar-technologies-inc.
For more information, visit the company’s website at www.GeoSolarPlus.com.
NOTE TO INVESTORS: The latest news and updates relating to GeoSolar Technologies are available in the company’s newsroom at https://ibn.fm/GST
About Green Energy Stocks
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