Quaise Energy, a geothermal energy company born from MIT, has set its sights on harnessing the unlimited renewable energy that exists beneath the earth’s surface. To do so, Quaise plans on drilling holes at least twice as deep as the deepest holes ever created (i.e. Russia’s Kola Superdeep Borehole and Qatar’s Al Shaheen oil well, each of which sit at about 7.5 miles deep), which, according to CEO Carlos Araque, would generate power “at a scale far greater than wind and solar.”.
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