Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the learnpress domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/307845.cloudwaysapps.com/guvzwmesxc/public_html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the learnpress domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/307845.cloudwaysapps.com/guvzwmesxc/public_html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the paid-memberships-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/307845.cloudwaysapps.com/guvzwmesxc/public_html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the thim-elementor-kit domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/307845.cloudwaysapps.com/guvzwmesxc/public_html/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the podcast-player domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/307845.cloudwaysapps.com/guvzwmesxc/public_html/wp-includes/functions.php on line 6131
2026-01-24 – https://esgnews.com/zanskar-raises-115-million-to-scale-ai-driven-geothermal-discovery-and-power-plant-development/?utm_source=rss&utm_medium=rss&utm_campaign=zanskar-raises-115-million-to-scale-ai-driven-geothermal-discovery-and-power-plant-development - ESGNA
Warning: preg_match(): Compilation failed: missing terminating ] for character class at offset 29 in /home/307845.cloudwaysapps.com/guvzwmesxc/public_html/wp-content/plugins/super-ai-seo/includes/output.php on line 130

Raw: [

Zanskar, an emerging leader in AI-enabled geothermal exploration, has raised $115 million in Series C funding to accelerate development of a multi gigawatt geothermal pipeline and begin constructing power plants…

The post Zanskar Raises $115 Million to Scale AI-Driven Geothermal Discovery and Power Plant Development appeared first on ESG News.

]

Zanskar Raises $115 Million to Scale AI-Driven Geothermal Discovery and Power Plant Development – ESG News

LOADING

ESG News

ESG Tools & Services
ESG Reporting
Environmental
Governance
Environmental
ESG

Business

AI & Sustainability
Energy Deals
Carbon Markets
Climate Tech
Real Estate
Circular Economy
Sustainable Business

Policy & Gov.

Policy & Regulators
Government

ESG Investing

Carbon Markets
Sustainable Finance
Climate Finance
Impact Investing

Impact

Executive Moves
Guest Post
Sustainability
Opinion
United Nations

Events

ESG News Live at ADFW 2025
Upcoming Events
Sustainability Events

Climate Week NYC 2025

International

ESG India
ESG Europe
ESG Middle East
ESG Canada
ESG Japan
ESG Asia
ESG China
ESG United Kingdom
ESG Russia
ESG Africa
ESG APAC

Videos

Most Recent
Climate Week NYC 2024
Greenwich Economic Forum
International WELL Building Institute (IWBI)
World Economic Forum
Leaders Summit
SDG Lounge
EarthX
Converge2Xcelerate
Events

+

ESG Investing
Carbon Market News
ESG Lifestyle

[gtranslate]

Type to search

ESG News

ESG Tools & ServicesESG ReportingEnvironmentalGovernanceEnvironmentalESG

Isometric Certifies New Improved Forest Management Protocol for Nature Based Carbon Removal

ESG News
January 23, 2026

Wolters Kluwer Appoints Maria Montenegro as CEO of Corporate Performance & ESG Division

ESG News
January 23, 2026

Schneider Electric Launches Advisor+ to Accelerate Corporate Decarbonization

ESG News
January 21, 2026

L’Oréal Selects First 13 Sustainability Innovators For $108M L’AcceleratOR Program

ESG News
January 16, 2026

Mercedes AMG Petronas F1 Accelerates Logistics, Materials Innovation to Cut Emissions in 2025 Season

ESG News
January 21, 2026

eBay Targets Net Zero by 2045 and Expands SBTi Validated Climate Plan

ESG News
January 15, 2026

EU Parliament Approves Omnibus I Package to Cut Sustainability Reporting and Due Diligence Rules

ESG News
December 17, 2025

Google Releases AI Playbook To Streamline Sustainability Reporting And Corporate Transparency

ESG News
December 17, 2025

Isometric Certifies New Improved Forest Management Protocol for Nature Based Carbon Removal

ESG News
January 23, 2026

UNESCO Pushes for Sustainable AI Governance as Climate Stakes Rise

ESG News
January 21, 2026

Microsoft Pledges Community First AI Datacenter Model In United States To Shield Residents From Higher Electricity, Water Costs

ESG News
January 14, 2026

Grassroots Carbon Reaches 1.9 Million Tons of Verified Soil Removals for Net Zero Demand

ESG News
January 13, 2026

DEI Week in Review: Corporate and Policy Shifts in U.S.

ESG News
March 2, 2025

The Silent Killer of Shareholder Value: Weak Governance in a Polarized Market

Susanne Katus
February 25, 2025

Over 50% of Workers Overwhelmed by Change, PwC Survey Finds; Leadership, Upskilling, and Innovation Key to Engagement

ESG News
September 4, 2024

56% of Companies Report No Impact from ESG Backlash, While Governance Takes Priority in Morrison Foerster’s 2024 Survey

ESG News
August 19, 2024

Isometric Certifies New Improved Forest Management Protocol for Nature Based Carbon Removal

ESG News
January 23, 2026

UNESCO Pushes for Sustainable AI Governance as Climate Stakes Rise

ESG News
January 21, 2026

Microsoft Pledges Community First AI Datacenter Model In United States To Shield Residents From Higher Electricity, Water Costs

ESG News
January 14, 2026

Grassroots Carbon Reaches 1.9 Million Tons of Verified Soil Removals for Net Zero Demand

ESG News
January 13, 2026

BriskFlow Launches OEM XBRL-ESG Reporting Integration Platform

Matt Bird
November 25, 2025

videocam

Great Bear Carbon CEO Joseph Pallant Leads 3 Million-Hectare Indigenous Carbon Credit Project in British Columbia

Matt Bird
November 23, 2025

3M’s CSO Gayle Schueller on Why This Is the “COP of Implementation” – COP30

Matt Bird
November 23, 2025

GreenFi Secures $2M to Scale AI-Driven ESG Risk Platform Across Global Financial Markets

ESG News
November 17, 2025

Business

AI & SustainabilityEnergy DealsCarbon MarketsClimate TechReal EstateCircular EconomySustainable Business

Cloover Secures $1.2 Billion to Scale AI Financing Platform for Distributed Energy

ESG News
January 22, 2026

UNESCO Pushes for Sustainable AI Governance as Climate Stakes Rise

ESG News
January 21, 2026

AWS to Source Low Carbon Nuton Copper from Rio Tinto for U.S. Data Center Infrastructure

ESG News
January 19, 2026

IFS Research Shows Industrial AI Cutting Emissions Across Heavy Industry

ESG News
January 5, 2026

Air Liquide Accelerates Low Carbon Power Sourcing with 3 TWh Annual PPAs to Advance Climate Transition

ESG News
January 23, 2026

Zanskar Raises $115 Million to Scale AI-Driven Geothermal Discovery and Power Plant Development

ESG News
January 23, 2026

Wind And Solar Overtake Fossil Fuels In EU Power Mix In 2025

ESG News
January 22, 2026

BII Invests $33 Million in GreenCell to Scale Electric Bus Fleet for India’s Clean Transport Push

ESG News
January 22, 2026

Gevo Issues 500,000 Permanent Carbon Removal Credits from North Dakota CCS Facility

ESG News
January 23, 2026

Air Liquide Accelerates Low Carbon Power Sourcing with 3 TWh Annual PPAs to Advance Climate Transition

ESG News
January 23, 2026

Singapore Expands High Integrity Nature Based Carbon Innovation with New Blue Carbon and Biomass Initiatives

ESG News
January 21, 2026

ICC, Carbon Measures Assemble Global Experts to Shape Principles for Ledger-Based Carbon Accounting

ESG News
January 19, 2026

Gevo Issues 500,000 Permanent Carbon Removal Credits from North Dakota CCS Facility

ESG News
January 23, 2026

ENGIE Signs 10 Year Biomethane Deal With PepsiCo To Cut UK Supply Chain Emissions

ESG News
January 23, 2026

Masdar, EUDC Pursue 1GW Project in Uzbekistan as Region Accelerates Clean Power Buildout

ESG News
January 22, 2026

EU Plans Local Content Rules For Green Tech Procurement

ESG News
January 19, 2026

Measurabl Appoints Maureen Waters to CEO

ESG News
December 17, 2025

China’s 15th Five-Year Plan: A Green Revolution for Real Estate, Per Cushman & Wakefield

ESG News
November 24, 2025

Measurabl Partners with USGBC California to Power Statewide Building Performance Hub

ESG News
October 30, 2025

Nuveen Raises $785 Million for Third C-PACE Lending Fund, Expanding Sustainable Real Estate Financing

ESG News
August 1, 2025

EU Plans Stricter Controls On Plastic Imports In 2026

ESG News
December 29, 2025

Prysmian, Versalis Launch Chemical Recycling Chain for Plastic Cable Waste in Italy

ESG News
December 23, 2025

LEGO Advances Sustainable Packaging with Recyclable Paper Based Bag Rollout

ESG News
November 27, 2025

Creative Tech Textile Seawool® — Opening New Horizons for Sustainable Fashion

ESG News
November 27, 2025

Sustainability Practices Drive Profitability Among Top US and Canadian Companies, CSE Finds

ESG News
January 15, 2026

Eight Sustainability Forces Shaping US Businesses in 2026

Andries Verschelden
January 13, 2026

Bill Gates Highlights Massive 40% Drop in Projected CO₂ Emissions

Matt Bird
November 24, 2025

PATH Water CEO Shadi Bakour on Eliminating 600+ Million Single-use-Plastic Water Bottles

ESG News
November 15, 2025

Policy & Gov.

Policy & RegulatorsGovernment

Trump Seeks $1 Billion for Permanent Seats on International Board of Peace

ESG News
January 19, 2026

ESMA Calls for Clearer ESG Strategy Disclosures to Curb Greenwashing Risk

ESG News
January 15, 2026

Ørsted Takes US Government to Court Over Halted $5 Billion Offshore Wind Project Weeks From Power Generation

ESG News
January 5, 2026

ISSB Eases Financed Emissions Rules Under IFRS S2, Giving Banks And Asset Managers Reporting Relief

ESG News
December 12, 2025

UK Launches $19B Warm Homes Plan to Cut Bills and Accelerate Household Clean Energy

ESG News
January 22, 2026

Singapore Expands High Integrity Nature Based Carbon Innovation with New Blue Carbon and Biomass Initiatives

ESG News
January 21, 2026

EU Plans Local Content Rules For Green Tech Procurement

ESG News
January 19, 2026

Egypt Signs $1.8 Billion in Renewable Energy Deals to Accelerate 2030 Clean Power Target

ESG News
January 12, 2026

ESG Investing

Carbon MarketsSustainable FinanceClimate FinanceImpact Investing

Gevo Issues 500,000 Permanent Carbon Removal Credits from North Dakota CCS Facility

ESG News
January 23, 2026

Air Liquide Accelerates Low Carbon Power Sourcing with 3 TWh Annual PPAs to Advance Climate Transition

ESG News
January 23, 2026

Singapore Expands High Integrity Nature Based Carbon Innovation with New Blue Carbon and Biomass Initiatives

ESG News
January 21, 2026

ICC, Carbon Measures Assemble Global Experts to Shape Principles for Ledger-Based Carbon Accounting

ESG News
January 19, 2026

Zanskar Raises $115 Million to Scale AI-Driven Geothermal Discovery and Power Plant Development

ESG News
January 23, 2026

UK Launches $19B Warm Homes Plan to Cut Bills and Accelerate Household Clean Energy

ESG News
January 22, 2026

responsAbility Raises $460 Million for Asia Climate Strategy to Scale Low Carbon Finance

ESG News
January 22, 2026

$78 Million UniCredit Green Loan Accelerates Italian Public Lighting and Smart City Upgrades

ESG News
January 21, 2026

Zanskar Raises $115 Million to Scale AI-Driven Geothermal Discovery and Power Plant Development

ESG News
January 23, 2026

UK Launches $19B Warm Homes Plan to Cut Bills and Accelerate Household Clean Energy

ESG News
January 22, 2026

responsAbility Raises $460 Million for Asia Climate Strategy to Scale Low Carbon Finance

ESG News
January 22, 2026

$78 Million UniCredit Green Loan Accelerates Italian Public Lighting and Smart City Upgrades

ESG News
January 21, 2026

videocam

Shaun Seow CEO Philanthropy Asia Alliance on Catalyzing Asian Philanthropic Networks for Sustainable Progress

ESG News
November 24, 2025

Apollo Appoints Former Nike Executive Jaycee Pribulsky as Partner and Chief Sustainability Officer

ESG News
October 2, 2025

PRI Awards 2025 Spotlight Responsible Investment Leaders

ESG News
September 25, 2025

PRI, Wharton Launch Global Program on Responsible Investment Leadership

ESG News
September 23, 2025

Impact

Executive MovesGuest PostSustainabilityOpinionUnited Nations

Wolters Kluwer Appoints Maria Montenegro as CEO of Corporate Performance & ESG Division

ESG News
January 23, 2026

EY Appointed Dr. Velislava Ivanova as Americas Chief Sustainability Officer

ESG News
January 22, 2026

Bentley Appoints Max Harris Jones as Sustainability, Community Communications Manager

ESG News
January 19, 2026

Rolls Royce Appoints Ivanka Mamic as New Chief Sustainability Officer, Head of Government Relations

ESG News
January 16, 2026

What New York’s New Emissions Reporting Rule Means for ESG Investing

Matt Bird
December 16, 2025

Sweep Executive Freddie House Predicts the Four Defining Climate Trends for 2026

ESG News
December 5, 2025

Guest Post – California Climate Disclosure: What Should Companies Do Next

Andries Verschelden
November 21, 2025

Guest Post: Clarity AI’s Regulatory Lead Tom Willman Comments on the Implications of Today’s SFDR Proposal

ESG News
November 21, 2025

3M’s CSO Gayle Schueller on Why This Is the “COP of Implementation” – COP30

Matt Bird
November 23, 2025

Guest Post: The 2026 CPO – Leading the Future-Ready Supply Chain

Sam Stark
November 20, 2025

The Sustainability Counter-Revolution: How Systems Learn to Resist Change

Professor Ioannis Ioannou
November 12, 2025

videocam

Inside Toronto Climate Week with Founder Becky Park-Romanovsky and Michelle Li

ESG News
October 25, 2025

What New York’s New Emissions Reporting Rule Means for ESG Investing

Matt Bird
December 16, 2025

Sweep Executive Freddie House Predicts the Four Defining Climate Trends for 2026

ESG News
December 5, 2025

Russia’s Wildberries Hits 1,600+ Tons of Donated Clothes in Three Years 

ESG News
November 24, 2025

Guest Post – California Climate Disclosure: What Should Companies Do Next

Andries Verschelden
November 21, 2025

UN-backed Net-Zero Banking Alliance Dissolves as Global Banks Retreat from Climate Commitments

ESG News
October 3, 2025

UN Climate Chief Calls for Acceleration Ahead of COP30

ESG News
September 23, 2025

FPX Nickel Joins Mining Association of Canada and UN Global Compact

ESG News
August 25, 2025

MB Energy Joins the United Nations Global Compact to Support Ethical Energy

ESG News
August 21, 2025

Events

ESG News Live at ADFW 2025 Upcoming Events Sustainability Events

Climate Week NYC 2025International

ESG India ESG Europe ESG Middle East ESG Canada ESG Japan ESG Asia ESG China ESG United Kingdom ESG Russia ESG Africa ESG APACVideos

Most RecentClimate Week NYC 2024Greenwich Economic ForumInternational WELL Building Institute (IWBI)World Economic ForumLeaders SummitSDG LoungeEarthXConverge2XcelerateEvents

videocam

Shaun Seow CEO Philanthropy Asia Alliance on Catalyzing Asian Philanthropic Networks for Sustainable Progress

ESG News
November 24, 2025

videocam

Great Bear Carbon CEO Joseph Pallant Leads 3 Million-Hectare Indigenous Carbon Credit Project in British Columbia

Matt Bird
November 23, 2025

PATH Water CEO Shadi Bakour on Eliminating 600+ Million Single-use-Plastic Water Bottles

ESG News
November 15, 2025

Michael Sheldrick Author of “From Ideas to Impact” – Book review

Matt Bird
November 10, 2025

videocam

India’s Energy Transition: Economic Insights From India Foundation’s Shaurya Doval

Matt Bird
November 9, 2024

videocam

JP Morgan’s Arsalan Mahtafar on $10B In Sustainable Finance Capital Deployed Over Past 12 Months in Support of SDGs – Video

Matt Bird
October 22, 2024

videocam

ESG Insider Co-Host Lindsey Hall & Esther Whieldon Join ESG News CEO Matt Bird To Discuss Their Podcast Journey

Matt Bird
October 15, 2024

videocam

Thomas Körmendi, CEO of Elopak (ELO.OL): How Meeting Emissions Reduction Targets is Driving Growth for Sustainable Packaging – ESG News Interview

Matt Bird
October 12, 2024

videocam

Ray Dalio and Paul Tudor Jones Deliver Fireside Chat at Greenwich Economic Forum

ESG News
January 11, 2022

videocam
34:46

Gillian Tett and Mohamed El-Erian Deliver Fireside Chat at Greenwich Economic Forum

ESG News
January 11, 2022

videocam
33:34

Alan Patricof, Julia La Roche, Gerald Parsky and Steve Case Discuss Venture Capital at Greenwich Economic Forum

ESG News
January 11, 2022

videocam
42:25

Billy Nauman, Afsaneh Mashayekhi Beschloss, Martin Whittaker, Jonathan Bailey, and Megan Starr Deliver ESG Investing Panel at Greenwich Economic Forum

ESG News
January 11, 2022

videocam
5:05

Rachel Hodgdon Of IWBI On Putting The “H” (Health & Humanity) Into ESG

Matt Bird
December 1, 2024

videocam
5:05

Rachel Hodgdon of IWBI with Matt Bird of ESG News Putting “H” Health Humanity into ESG | ESG News

ESG News
May 11, 2022

videocam
6:48

Melike Ayan of ESG News with Rachel Hodgdon of IWBI – Putting “H” Health & Humanity into ESG

ESG News
May 10, 2022

videocam
4:11

Kristen Sullivan of Deloitte with Rachel Hodgdon of IWBI – Putting “H” Health & Humanity into ESG

ESG News
May 8, 2022

videocam

Music Experts Discuss Financial Inequality for Music Artists Across Streaming Platforms

ESG News
April 29, 2025

videocam

Leveraging Film Finance for Impact: How FilmHedge Aligns Tax Strategy with Creative Investment at WEF

ESG News
April 28, 2025

videocam

Financial Literacy as a Cornerstone of Economic Equity: An Abraham House Conversation

ESG News
April 28, 2025

videocam

Leaders at World Economic Forum Stress Brand Purpose as Key to Sustainable Growth

ESG News
April 28, 2025

Harnessing Collective Action at Scale: Introducing UN Global Compact’s SME Engagement Strategy – UN Global Leader Summit

Nanies Mwndwa
June 3, 2022

Closing Remarks for the UN Global Leaders Summit 2022

ESG News
June 2, 2022

Bringing Together Change Makers in the field of SDGs – Leaders Summit 2022

Aakansha Malia
June 2, 2022

ASEAN Closing Keynote and Vote of Thanks – Leaders Summit 2022 Session

Amanda Anthony
June 2, 2022

SDG Lounge Convenes World Leaders at COP27 in Sharm El-Sheikh to Cultivate Partnerships for the Goals – ESG News

Matt Bird
January 20, 2023

Matt Bird, Host, ESG News, & Boaz Paldi, Chief Marketing Officer, UNDP & Sergio Fernandez De Cordova, Chairman, PVBLIC live at SDG Lounge | “Don’t Choose Extinction”

ESG News
July 29, 2022

Boaz Paldi of UNDP and Florian Weischer of SAWA Fireside Chat at Cannes Lions – UNDP “Don’t Choose Extinction”

ESG News
July 28, 2022

videocam

Sergio Fernández de Córdova Interviews Frankie the Dinosaur live at Cannes Lions Festival on Climate | SDG Lounge

ESG News
July 19, 2022

videocam
23:53

Nitin Gaur IBM and Francisco Curbera IBM on ‘Design Principles of a Blockchain Network’ at Converge2Xcelerate Conference | ESG News – Boston, MA

ESG News
January 12, 2022

videocam
32:40

John Halamka, David Weeks, Carl Camden, Mary Butler Everson, and Meyrick Vaz Deliver Healthcare Alliances Panel at Converge2Xcelerate Conference | ESG News – Boston, MA

ESG News
January 6, 2022

videocam
14:41

Hollie Heikkinen, Carl Camden, and Vince Albanese Deliver Keynote Speeches at Converge2Xcelerate | ESG News – Boston, MA

ESG News
January 6, 2022

videocam
29:58

Jim Nasr and Susan Ramonat on ‘Blockchain Enabled Cross Border Supply Chain’ at Converge2Xcelerate | ESG News – Boston, MA

ESG News
January 6, 2022

Abu Dhabi Advances Global Water Diplomacy Ahead of 2026 UN Water Conference

ESG News
January 16, 2026

Canopy Warns Wood Fibre Supply Chains Face Rising Risk as Forest Pressures Mount

ESG News
January 15, 2026

Abu Dhabi Awards Sustainability Labels to Private Sector Leaders at ADSW 2026

ESG News
January 15, 2026

ADSW 2026 Opens With Call for Energy Security, AI Infrastructure and Long Term Capital

ESG News
January 15, 2026

+

ESG Investing Carbon Market News ESG Lifestyle

Need to Know ESG News

Professional Daily Newsletter

Subscribe

videocam

Latest News
Seven simple questions

Help us improve your experience, delivering more of what you want

ESG Survey

Seven simple questions – Help us improve your experience, delivering more of what you want!

Zanskar Raises $115 Million to Scale AI-Driven Geothermal Discovery and Power Plant Development

Climate Finance

/

Energy

/

Zanskar Raises $115 Million to Scale AI-Driven Geothermal Discovery and Power Plant Development

by ESG News


January 23, 2026

Share:

Share on Facebook

Share on Twitter

Share on LinkedIn

$115 million Series C positions Zanskar to build geothermal power plants set to deliver power before 2030 across Western US

Largest venture round to date for AI-enabled geothermal discovery as baseload and data center demand accelerates

Expansion of gigawatt-scale pipeline signals geothermal’s shift into US clean power planning and investor risk appetite

Zanskar, an emerging leader in AI-enabled geothermal exploration, has raised $115 million in Series C funding to accelerate development of a multi gigawatt geothermal pipeline and begin constructing power plants in the Western United States. The round brings total equity raised to $180 million and reflects a growing interest in geothermal as a source of firm, clean baseload power as US grid operators confront rising electrification and data center demand.

Spring Lane Capital led the round, joined by returning investors Obvious Ventures, Union Square Ventures, and Lowercarbon Capital. More than a dozen strategic and institutional energy, infrastructure, and technology investors also participated, including Munich Re Ventures, Susquehanna Sustainable Investments, StepStone Group, UP Partners, and Cross Creek.

New Geothermal Frontier for US Baseload Power

Zanskar intends to use the funding for three immediate priorities: expansion of its AI discovery platform, additional exploration drilling, and the start of geothermal plant construction within its US pipeline. The company expects multiple facilities to begin supplying power before 2030. If realized at scale, the buildout would mark one of the largest geothermal exploration and development campaigns in US history.

Carl Hoiland, Zanskar CEO and Co Founder, said the company set out to rethink geothermal risk and cost through improved resource identification. “We started Zanskar with the belief that AI would have as profound an impact on geothermal cost and scalability as modern drilling technologies have. It would do so by enabling us to find more hidden geothermal systems, and to produce more power from each of those systems, than legacy models assumed. The result is a terawatt scale opportunity,” he said. Hoiland added that exploration to date has confirmed multiple previously unknown geothermal resources across the Western US and that drilling results show stronger performance than expected. “Thanks to the support of forward thinking investors across energy, infrastructure, and technology, and the exceptional progress of our world class team, we are ushering in a new wave of clean, firm, geothermal power,” he said.

Carl Hoiland, Zanskar CEO and Co Founder

AI for Exploration Risk and Cost Reduction

Zanskar’s business model revolves around lowering discovery risk and shortening timeframes through software and AI tools combined with field geoscience. The platform acts as a geothermal development operating system that integrates data layers, predictive models, and field sampling. By improving both hit rates and field size estimates, the company argues that geothermal fields once considered marginal could become commercially viable.

Joel Edwards, co founder and CTO, described the work in terms of rediscovering domestic geology with modern tools. “We’ve always been inspired by the early, legendary explorers that came before us. Their resourcefulness and unfailing optimism laid the groundwork for discovery today,” he said. “We like to think they’d be proud to see how we’ve resurrected and accelerated grassroots exploration with big data, modern computing, and more efficient field data collection, resulting in a pace of discovery not seen before. The resources we need are out there, hidden within the Earth’s crust, and we’re working hard to find the most exceptional hotspots to build a new era of geothermal energy, starting in the United States.”

Joel Edwards, co founder and CTO

RELATED ARTICLE: Amazon Unveils Geothermal, Solar-Powered Fulfillment Center in Japan

Investor Appetite for Firm Clean Energy

For investors, geothermal offers a hedge against both volatility in renewables and rising load growth from digital infrastructure. Jason Scott, Partner and Entrepreneur in Residence at Spring Lane Capital, said the firm backed Zanskar due to demand for around the clock clean power. “We are eager to support Zanskar because we believe there is a near infinite demand for firm, clean power around the world right now and geothermal energy is one of the only immediate ways to serve this enormous market,” he said. Scott noted that Zanskar has identified more geothermal anomalies in North America than any company in decades and that capital and operational support will focus on rapid development across the Western US.

Jason Scott, Partner and Entrepreneur in Residence at Spring Lane Capital

Andrew Beebe, Managing Director at Obvious Ventures, framed geothermal as both climate and competitiveness infrastructure. “The world class team at Zanskar is exactly what this country needs: fast, disciplined and very effective,” he said. “They are positioning geothermal to be one of the cheapest, cleanest and safest energy sources in America, right when we need it most.”

Andrew Beebe, Managing Director at Obvious Ventures

Policy and Market Context for Grid Planners and Hyperscalers

Geothermal’s resurgence is being shaped as much by policy and system demand as by technology. Federal incentives, state procurement targets, and grid reliability requirements are widening the aperture for non intermittent resources. Meanwhile, hyperscalers managing exponential AI workloads are scouting for clean baseload power with predictable capacity, creating a new commercial pull for geothermal in parallel with traditional utility procurement.

Zanskar’s pitch touches both sides. The company argues that AI can help uncover geothermal resources at a scale large enough to power the very data centers driving electricity demand growth. As plants advance toward commissioning, Zanskar is hiring engineers, developers, and project finance specialists to support commercial delivery.

Broader Implications

For C suite and investors, the Series C suggests that geothermal may enter the same strategic conversation as nuclear, long duration storage, and transmission upgrades. While challenges remain in permitting, water usage, drilling, and local acceptance, the prospect of gigawatt scale geothermal could reshape regional baseload mixes in the Western US by the early 2030s.

Globally, geothermal remains underdeveloped relative to its resource base. If Zanskar and peers prove that AI driven exploration can cut cost and risk, geothermal could gain relevance in climate planning and energy security strategies in markets from East Africa to Southeast Asia and Europe, where firm clean capacity is becoming an energy system priority.

Follow ESG News on LinkedIn





Share:

Share on Facebook

Share on Twitter

Share on LinkedIn

Topics

AI-enabled geothermal discovery

Carl Hoiland

ESG

Geothermal

Jason Scott

Series C

US clean power

Zanskar

Related Articles

Gevo Issues 500,000 Permanent Carbon Removal Credits from North Dakota CCS Facility

ESG News •
January 23, 2026

Isometric Certifies New Improved Forest Management Protocol for Nature Based Carbon Removal

ESG News •
January 23, 2026

Wolters Kluwer Appoints Maria Montenegro as CEO of Corporate Performance & ESG Division

ESG News •
January 23, 2026

Air Liquide Accelerates Low Carbon Power Sourcing with 3 TWh Annual PPAs to Advance Climate Transition

ESG News •
January 23, 2026

Latest News

Corporate Climate Action Gains Scale as SBTi Crosses 10,000 Validated Companies January 23, 2026
ENGIE Signs 10 Year Biomethane Deal With PepsiCo To Cut UK Supply Chain Emissions January 23, 2026
Wind And Solar Overtake Fossil Fuels In EU Power Mix In 2025 January 22, 2026
UK Launches $19B Warm Homes Plan to Cut Bills and Accelerate Household Clean Energy January 22, 2026
Cloover Secures $1.2 Billion to Scale AI Financing Platform for Distributed Energy January 22, 2026
Singapore Expands High Integrity Nature Based Carbon Innovation with New Blue Carbon and Biomass Initiatives January 21, 2026
EU Joint Bank Reporting Committee Sets 2026 Agenda to Standardise ESG Disclosures January 21, 2026

Upcoming Events

Jan

19

January 19 – January 23

World Economic Forum 2026

Mar

12

March 12 @ 8:00 am – March 16 @ 5:00 pm EDT

USA | Certified Sustainability Practitioner Program, Advanced Edition 2026

View Calendar

ESG News Daily Newsletter
First Name

Last Name

Email address:

Leave this field empty if you’re human:

Official logo of ESG News (C) 2025

About ESG News About Us
Become a Contributor
Newsletter
Contact Us

Advertising Climate Week NYC 2025
Advertise With Us
Promote An Event
News Agency

Terms & Privacy Terms & Conditions
Privacy Policy
Cookies
Copyright

Follow Us

Facebook

Twitter

LinkedIn

YouTube

©2025 ESG News Corp. All rights reserved.