Dandelion Energy

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Dandelion Energy, Inc.
TypePrivate
IndustryGeothermal heating
Founded2017; 5 years ago (2017)
HeadquartersNew York City, New York, U.S.
Area served
Upstate New York
ParentX (until 2017)
Websitedandelionenergy.com

Dandelion is an American company which offers geothermal heating installation in upstate New York.[1] Prior to 2017, it was part of Google X, before being spun out into an independent company.[2] Dandelion targets providing geothermal heating and cooling (HVAC) on a competitive basis against, to start, existing oil furnaces. While geothermal HVAC has many advantages, penetration has been constrained over the years due to high-upfront capital costs.[3]

The system consists of a heat pump which pipes energy either to or from a house.[4] Dandelion made headlines in February 2019 when it raised 16 million in its series A fundraising round.[5][6] As a form of renewable technology with enormous potential, geothermal energy has been called "the next solar".[7]

Dandelion's CEO, Kathy Hannun was named one of Fast Company's most creative people in 2018.[8] A leader in the Green Tech industry, Hannun made headlines when she finished Dandelion's first round of fundraising the day before giving birth to her first child.[9][10]

In June 2018, Dandelion began installation of the first sub-$20,000 geothermal heat pump, Dandelion Air.[11] The product was designed in-house by the company, which is installed in the backyard of a residential property and is currently financed over a 20-year term.[12]

In September of 2020 Dandelion announced its expansion to Connecticut.[13]

References[]

  1. ^ Kolodny, Lora (6 July 2017). "Alphabet's moonshot factory just launched a geothermal energy start-up called Dandelion". CNBC. Retrieved 26 January 2018.
  2. ^ Yurieff, Kaya (7 July 2017). "Google's new startup uses energy from your lawn to heat your home". CNNMoney. Retrieved 26 January 2018.
  3. ^ "Energy COOL-ing the Dandelion way". Get Energy Smart! NOW!. 2017-09-29. Retrieved 2019-06-19.
  4. ^ Moon, Mariella (7 July 2017). "Alphabet launches a company to make geothermal heating affordable". Engadget. Retrieved 26 January 2018.
  5. ^ "Alphabet X lab spinoff Dandelion raises $16 million for home geothermal systems".
  6. ^ https://techcrunch.com/2019/02/12/dandelion-energy-the-alphabet-x-spinout-raises-another-16m-led-by-gv-and-comcast/. {{cite news}}: Missing or empty |title= (help)
  7. ^ https://teslanomics.co/is-geothermal-energy-the-next-solar/. {{cite news}}: Missing or empty |title= (help)
  8. ^ https://www.fastcompany.com/person/kathy-hannun. {{cite news}}: Missing or empty |title= (help)
  9. ^ https://www.greenbiz.com/article/inside-kathy-hannuns-quest-provide-accessible-household-geothermal-energy. {{cite news}}: Missing or empty |title= (help)
  10. ^ https://www.greentechmedia.com/articles/read/watt-it-takes-why-this-founder-dug-into-home-geothermal#gs.90sr6t. {{cite news}}: Missing or empty |title= (help)
  11. ^ Martin, Chris (30 May 2018). "Alphabet Startup Heats Your Home From a Hole in the Ground". Bloomberg News. Retrieved 9 June 2018.
  12. ^ Rathi, Akshat (31 May 2018). "An Alphabet spinoff company can cut a home's energy bills by digging a deep hole in the backyard". Quartz (publication). Retrieved 9 June 2018.
  13. ^ Turmelle, Luther (2020-08-28). "Geothermal energy company entering CT market; target is Fairfield then New Haven counties". CTInsider.com. Retrieved 2020-09-29.
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