Minnesota's Top 23 Geothermal Energy Enterprises
Minnesota's Top 23 Geothermal Energy Enterprises
Geothermal energy, a renewable and sustainable source of power, has been gaining traction in Minnesota. Companies in this sector harness the earth's internal heat for electricity generation and heating purposes, making it a desirable adversary to traditional fossil fuel methods. These diverse companies range from developers of geothermal energy projects to providers of residential and commercial heating and cooling solutions. Anticipating a future of more environmentally conscious energy consumption, we forecast substantial growth in this sector, pushing Minnesota towards a greener, cleaner and more sustainable future.
Top 23 geothermal energy companies in Minnesota
1. Nokomis Energy
- Website: nokomisenergy.com
- Headquarters: Minneapolis, Minnesota, United States
- Founded: 2017
- Headcount: 11-50
Nokomis Energy is a Minneapolis based energy developer specializing in the full development process of local energy projects. They aim to accelerate energy adoption through equitable partnerships and create value for all stakeholders. Their services include project origination, technology expertise, and long-term operation. With a focus on community solar, they offer no upfront costs, bill credits, and reduced electricity costs.
2. Massmann Geothermal and Mechanical
- Website: massmanngeothermal.com
- Headquarters: Zimmerman, Minnesota, United States
- Founded: 2000
- Headcount: 11-50
Massmann Geothermal provides economical and clean heating and cooling technology through geothermal resources for residential and commercial properties in Minnesota.
3. Aesthetic Green Power Corp
- Website: aestheticgreenpower.com
- Headquarters: Soudan, Minnesota, United States
- Founded: 2017
- Headcount: 11-50
- Latest funding type: Grant
Aesthetic Green Power Corp. is a continuation of the pioneering work begun by the previous Atlantis Energy Systems, Inc. That work is far from completed. Fortunately we are have the great offices of Columbia University and Virginia Tech engineering departments at our side. That necessitated the name change and also spawned the Sustainable Product Development Lab at our Poughkeepsie, New York plant. The same high quality and innovative products will be manufactured as well as a new generation using previously unavailable materials and designs. We are all very excited for the future of sustainable buildings. We hope to discuss this new frontier with you soon.
4. Lake Region Electric Cooperative
- Website: lrec.coop
- Headquarters: Pelican Rapids, Minnesota, United States
- Founded: 1937
- Headcount: 51-200
LREC.coop is an electric cooperative that provides a range of services and products to help customers manage their home energy. They offer options such as geothermal, solar, standby generator systems, heat pumps, and natural gas. LREC.coop aims to provide reliable and sustainable energy solutions to their customers.
5. Enbridge
- Website: enbridgeenergy.com
- Headquarters: Duluth, Minnesota, United States
- Founded: 1949
- Headcount: 1001-5000
- Latest funding type: Ipo
Enbridge Inc. is providing energy transportation, delivery, and related services. This includes crude oil, natural gas, and other liquid hydrocarbons transportation, storage, and processing services. They also provide renewable energy solutions, including wind, solar, geothermal, and bioenergy.
6. Sustainable Energy Savings, Inc.
- Website: ses-inc.org
- Headquarters: Grand Rapids, Minnesota, United States
- Founded: 2010
- Headcount: 1-10
SES inc. is a company that provides sustainable energy management services to commercial and manufacturing companies. Their services include recommissioning, engineering, and energy audits. They optimize HVAC and process equipment to improve efficiency and lower costs.
7. Ever-Green Energy
- Website: ever-greenenergy.com
- Headquarters: Saint Paul, Minnesota, United States
- Founded: 1998
- Headcount: 51-200
Ever-Green Energy is a company that specializes in operating and advancing reliable and efficient utility systems for campuses and communities. They offer energy management planning and stakeholder engagement to achieve carbon neutrality. With a focus on limited resources, they prioritize initiatives and investments based on sound metrics and create a culture of accountability. Their commitment to excellence and integrity is evident at all levels of the organization.
8. Engineering Design Initiative
- Website: edi-dolejs.com
- Headquarters: Minneapolis, Minnesota, United States
- Founded: 2002
- Headcount: 11-50
Edi-dolejs is an integrated consulting firm providing sustainable design and engineering solutions for buildings, infrastructure, and environments.
9. EVS, Inc.
- Website: evs-eng.com
- Headquarters: Eden Prairie, Minnesota, United States
- Founded: 1979
- Headcount: 51-200
EVS, Inc. is a multi-disciplinary engineering firm specializing in renewable energy projects, commercial and military building design, and transportation/transit projects. With over 40 years of experience, EVS offers engineering designs and solutions for utility-scale solar plants, substations, and energy storage facilities. Their team of experts in civil, electrical, geotechnical, and structural engineering, as well as land surveying, ensures high-quality products and services for clients across the United States.
10. Al-Corn
- Website: al-corn.com
- Headquarters: Claremont, Minnesota, United States
- Founded: 1994
- Headcount: 51-200
- Latest funding type: Ipo
Al-Corn, Clean Fuel, is a company based in Minnesota that specializes in ethanol production. They are dedicated to producing environmentally-friendly fuels that reduce carbon emissions. With a focus on sustainability, Al-Corn offers high-quality ethanol products to meet the growing demand for clean and renewable energy sources.
11. Impact Power Solutions (IPS)
- Website: ips-solar.com
- Headquarters: Roseville, Minnesota, United States
- Founded: 1991
- Headcount: 11-50
- Latest funding type: Acquired
Impact Power Solutions (IPS) is a commercial solar energy company that offers solar power solutions to various customer groups. With over 30 years of experience, IPS has completed over 170 megawatts of solar projects and has an additional 85 megawatts under development. They provide services from start to finish, guiding clients through every stage of their solar projects. IPS is known as a top solar contractor and commercial solar developer in the industry.
12. RVR Engineering
- Website: rvrengineering.com
- Headquarters: Minnesota, Minnesota, United States
- Founded: 2019
- Headcount: 11-50
RVR Engineering is a leading company in the solar engineering industry. They offer a range of services including PV design, residential and commercial solar installations, EV charging stations, solar thermal systems, and structural and electrical engineering. With their expertise and high-quality work, they provide cost-effective solutions for solar projects, ensuring compliance with jurisdiction regulations. Whether for self-installing homeowners or established solar companies, RVR Engineering has the tools and know-how to make any project a success.
13. National Renewable Solutions
- Website: natrs.com
- Headquarters: Minnetonka, Minnesota, United States
- Founded: 2011
- Headcount: 11-50
- Latest funding type: Acquired
National Renewable Solutions (natrs.com) is a renewable energy company that originates, acquires, and develops renewable energy projects in the US. They focus on building long-lasting partnerships with landowners and energy buyers to create better and sustainable projects. With expertise in wind, solar, and storage technologies, they contribute to the growth of renewables in the US energy resource makeup.
14. US Solar
- Website: us-solar.com
- Headquarters: Minneapolis, Minnesota, United States
- Founded: 2014
- Headcount: 11-50
US Solar is a trusted nationwide company in the renewable energy industry. With over 125 Megawatts of operational projects and over 750 additional Megawatts in construction and development, they offer solar and storage solutions for utilities, governments, landowners, businesses, and homes. They provide clean energy options without the need for upfront costs and help customers save on their energy bills.
15. Niron Magnetics, Inc.
- Website: nironmagnetics.com
- Headquarters: Minneapolis, Minnesota, United States
- Founded: 2015
- Headcount: 11-50
- Latest funding type: Grant
Niron Magnetics is a company that offers clean earth magnets made from Iron Nitride, providing an alternative to neodymium and ferrite magnets. Their magnets deliver temperature-stability, performance, and efficiency from a sustainable supply chain without the high cost.
16. Twin Metals Minnesota LLC
- Website: twin-metals.com
- Headquarters: Ely, Minnesota, United States
- Founded: 2010
- Headcount: 11-50
Twin Metals is a mining company based in Minnesota, committed to developing and operating a safe underground mine. They aim to balance environmental stewardship with economic growth, creating jobs and supplying essential metals like copper, nickel, and cobalt. With a focus on responsible mining, Twin Metals contributes to the worldwide green economy and supports the local community.
17. PACE Loan Group
- Website: paceloangroup.com
- Headquarters: Eden Prairie, Minnesota, United States
- Founded: 2017
- Headcount: 11-50
- Latest funding type: Series Unknown
Pace Loan Group offers long-term, fixed-rate financing for energy-efficient and renewable energy projects. Their financing covers up to 100% of project costs, reducing owner cash equity. They specialize in commercial real estate projects, providing alternative equity through PACE funding.
18. Blue Horizon Energy
- Website: bluehorizonenergy.com
- Headquarters: Minnetonka, Minnesota, United States
- Founded: 2009
- Headcount: 11-50
Blue Horizon Energy is a company that specializes in solar power solutions. They offer commercial solar projects and are dedicated to transitioning businesses to renewable energy sources.
19. Southcentral Minnesota Clean Energy Council
- Website: smcleanenergy.org
- Headquarters: Mankato, Minnesota, United States
- Headcount: 51-200
The Southcentral Minnesota Clean Energy Council is a group of citizens dedicated to promoting renewable energy and energy efficiency in southern Minnesota. Through monthly forums and sharing resources with local stakeholders, SMCEC aims to diversify the regional economy, create quality jobs, and limit greenhouse gas emissions.
20. Vergent Power Solutions, Inc.
- Website: vergentpower.com
- Headquarters: Eden Prairie, Minnesota, United States
- Headcount: 11-50
Vergent Power is a leading producer of low-emission microturbine systems that specializes in energy efficiency solutions for a cleaner future. They offer microturbines for renewable energy, critical power supply, energy efficiency, transportation, and battery energy storage.
21. Rural Renewable Energy Alliance (RREAL)
- Website: rreal.org
- Headquarters: Backus, Minnesota, United States
- Founded: 2000
- Headcount: 1-10
Rural Renewable Energy Alliance (RREAL) is a non-profit organization that seeks to make solar energy accessible to households and communities in Central and Northern Minnesota through solar education, workforce development, and solar installations.
22. Wild Rice Electric Cooperative
- Website: wildriceelectric.com
- Headquarters: Mahnomen, Minnesota, United States
- Headcount: 11-50
Wild Rice Electric is a cooperative that offers electric services to its member-owners in Minnesota. It provides off-peak heating programs, electric vehicle programs, and energy-saving tips to lower the cost of electricity bills.
23. Enhabit
- Website: enhabit-llc.com
- Headquarters: Minneapolis, Minnesota, United States
- Headcount: 11-50
Enhabit LLC is a company that provides sustainable energy solutions for single and multifamily buildings. Their services include energy audits, design consulting, and construction management to reduce energy usage and increase efficiency.
Want to find more geothermal energy companies?
If you want to find more companies that offer clean, sustainable energy solutions and innovative technologies you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.
With Inven you'll also get to know the company's:
- Ownership: Which of these are private equity backed? Which are family-owned?
- Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
- Financials: How do these companies perform financially? What are their revenues and profit margins?
...and a lot more!
