Alphabet has spun off its Dandelion unit which is looking to provide affordable geothermal energy heating and cooling systems to homeowners, with the outfit initially looking to deploy its technology in the northeastern US.
The firm says it has designed a new, slender drill to reduce the time, mess and hassle around installing ground loop pipes that tap into the free, abundant, and renewable energy source to reduce the final cost of such heating and cooling systems. Using the new drill, the company reckons it can install all the requisite ground loops in under a day, instead of the typical three to four days.
Dandelion, formerly a Google X unit, is currently signing up customers in New York state, where it’s aiming to join forces with local heating and cooling installers. The company has also come up with a financing initiative to enable homeowners to install a Dandelion system without having to come up with an upfront payment.
Dandelion has just closed an initial round of seed funding, led by ‘doing good’ Collaborative Fund, which focuses its investments on cities, money, consumers, children and health.