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Maryland's Top 25 Geothermal Energy Firms

4
min read
Top 25 geothermal energy companies in Maryland Main

Maryland's Top 25 Geothermal Energy Firms

4
min read
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Top 25 geothermal energy companies in Maryland Main
Top firms trust Inven to find niche companies

The geothermal energy industry in Maryland exhibits a vibrant landscape highly driven by renewable and clean energy pursuits. Companies operating in this field specialize in various services, including geothermal exploration, development, drilling technologies and loop field installations for heating and cooling both commercial and residential buildings. These organizations are progressively developing innovative solutions, focusing on sustainable baseload electricity production, seismic imaging techniques, downhole fiber optics, and advanced power generation technologies. As the push for renewable energy surges, the geothermal industry in Maryland showcases increasing potential for growth and innovation.


Top 25 geothermal energy companies in Maryland

1. Allied Well Drilling

Allied Wells is a company specializing in geothermal loop field installation for heating and cooling of buildings. They offer services for both residential and commercial projects in Maryland, Virginia, Pennsylvania, Delaware, North Carolina, Georgia, and New Jersey. With their expertise and rapid expansion along the Eastern Seaboard, Allied is positioned to lead the revolution in clean heating and cooling using geothermal energy.


2. Dewhurst Group LLC.

DEWHURST GROUP LLC is an American geoscientific and engineering company that specializes in global geothermal exploration, development, and financing.


3. Geothermal Technologies

  • Website: geothermal.tech
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 2018
  • Headcount: 11-50
  • Latest funding type: Grant
  • LinkedIn

Geothermal Technologies is a company developing state-of-the-art drilling technologies, seismic imaging, downhole fiber optics, electromagnetic geophysical imaging, and advanced ORC power generation technologies to build novel geothermal power plants designed to operate economically and sustainably, with clean, renewable, low cost, baseload electricity production throughout the world.


4. Earth River Geothermal

Earth River Geothermal is a small company based in Annapolis, Maryland, specializing in the installation of geothermal heat pump systems to enable homeowners to regulate their home temperature using the stable geothermal temperature beneath the Earth's surface.


5. K&M Advisors

K&M Advisors, LLC is an internationally recognized finance and engineering advisory firm that provides consulting services in the development of power, water, and telecommunications projects. With over 35 years of experience, K&M advises private investors and governments, offering expertise in project development, feasibility studies, transaction advisory, and policy and regulatory reform. The company has a strong presence in the wind and renewable energy sector and has advised on 19 independent power producer (IPP) projects. K&M is part of the Dorado Group and operates in the United States and Colombia.


6. Capital Sun Group

Capital Sun Group is a solar energy solutions provider, offering services to both commercial and residential customers. With years of experience and reliable products, they aim to provide customers with affordable and sustainable energy solutions.


7. Maryland Clean Energy Center

Maryland Clean Energy Center (MCEC) is a state entity that promotes clean energy and energy-efficient products, services, and technologies to achieve economic development goals.


8. Alt Energy Stocks

Alternative Energy Stocks is an investor resource for solar, wind, efficiency, and renewable energy stocks.


9. CQI Associates LLC

CQI Associates, LLC is a Maryland-based energy consulting firm that provides consulting services to public and private clients. They specialize in energy management, auditing, certifications, and the development of sustainable green building and community programs. They also offer commercial and residential energy co-op programs to help businesses and individuals save on energy expenses. CQI Associates is known for its expertise in renewable energy projects, including solar and wind energy. They are committed to helping their customers optimize energy consumption and reduce business expenses.


10. Maryland Energy Administration

On behalf of Governor Hogan the mission of the Maryland Energy Administration (MEA) is to promote affordable, reliable and cleaner energy for the benefit of all Marylanders. To achieve its mission, MEA advises the Governor, General Assembly on matters relating to energy policy. MEA administers grant and loan programs to encourage clean energy technologies in all sectors of Maryland's economy: Residential, Commercial, Agricultural, and Transportation.


11. Montgomery County Green Bank

Montgomery County Green Bank is a financial institution that delivers clean energy financing solutions for homeowners, small businesses, and commercial property owners with tailored structuring to enhance indoor air quality, lower operating costs and grow energy portfolios.


12. Energetics

Energetics is a clean energy consulting company that works with leading change agents to develop and implement energy resilience, equity, and sustainability solutions across various sectors. They support research portfolios and strategies for industrial technologies and energy management systems, aimed at achieving a secure and carbon-neutral economy.


13. Lumina Solar

Lumina Solar is a company dedicated to providing sustainable and customer-centric solar energy solutions. With a team of experienced professionals, Lumina offers solar panel installation for homeowners and businesses, helping them save money and contribute to a cleaner environment.


14. Hannon Armstrong

  • Website: hannonarmstrong.com
  • Headquarters: Annapolis, Maryland, United States
  • Founded: 1981
  • Headcount: 51-200
  • Latest funding type: Ipo
  • LinkedIn

Hannon Armstrong is an investment company that specializes in climate solutions. They provide capital to leading companies in the energy efficiency, renewable energy, and sustainable infrastructure markets. Their goal is to generate attractive returns from projects that reduce carbon emissions and increase resilience to climate change.


15. Soleil Inc

  • Website: soleilinc.com
  • Headquarters: Crofton, Maryland, United States
  • Founded: 2017
  • Headcount: 51-200
  • LinkedIn

Soleil Energy is a residential and commercial solar design and installation company that integrates the latest solar technology into homes, businesses, and recreational properties. They offer services to help maximize space and energy efficiency while adding value and return to the property.


16. Standard Energy Solutions

Standard Energy Solutions is a top solar installation company in the Mid-Atlantic region, serving 6 states. We offer solar panels that absorb sunlight and convert it into energy for homes, helping customers save money. Our process is simple and efficient, with project management and weekly status updates. As a Premier Partner, you gain access to our proprietary installation system and industry-leading financing options. We prioritize fast installation and provide comprehensive warranties. Partner with us for a sustainable and secure energy future.


17. American Sentry Solar

American Sentry Solar is a solar energy company that offers solar panel installation and battery backup solutions. With over 29 years of experience, they provide homeowners with high-quality solar panels and the Enphase Encharge 10 solar battery, which outperforms the Tesla Powerwall. They handle everything from installation to paperwork, ensuring a hassle-free experience for their customers.


18. EDGE Energy

Edge Go Green is a company that provides sustainable solutions for businesses and individuals. They offer a wide range of eco-friendly products and services to help reduce carbon footprint and promote environmental responsibility.


19. My Green Montgomery

My Green Montgomery is a project of the Montgomery County Department of Environmental Protection aimed at encouraging residents to live in an eco-friendly way.


20. Got Electric, LLC

Got Electric is a company that specializes in commercial solar installation and maintenance. With over 55MW of installed solar capacity, they offer expert services in Maryland, Virginia, and the DC Metro Area. From solar installation to electric car chargers and backup power systems, Got Electric provides comprehensive electrical solutions.


21. American Energy Services, LLC

  • Website: aeservices.us
  • Headquarters: Baltimore, Maryland, United States
  • Founded: 2004
  • Headcount: 11-50
  • LinkedIn

American Energy Services is a provider and installer of energy efficient solutions for public and commercial customers. They offer services such as LED lighting, energy monitoring, design build, electric vehicle charging, HVAC services, and solar energy installation.


22. Power Factor

Power Factor is a solar and electrical company that provides installation of commercial and residential solar panels. They offer financial tools to make the project happen and install solar PV systems that are affordable.


23. Sustainable Energy Systems, LLC

Sustainable Energy Systems is a renewable energy design and installation business that offers cost-effective and efficient solar systems. They specialize in AllEarth Solar Trackers, which produce 40% more energy than rooftop solar. The company focuses on supporting local economies, using American-made materials, and hiring locally.


24. Advanced Solar

  • Website: advanced.solar
  • Headquarters: Hyattsville, Maryland, United States
  • Founded: 2009
  • Headcount: 11-50
  • LinkedIn

Advanced Solar specializes in the design, engineering, and build-out of commercial systems for schools, churches, and government buildings. They provide solutions for low to moderate-income households to save money and go green. The company offers precise installation of solar systems by qualified professionals in compliance with all codes.


25. FESCO Energy

  • Website: fescoenergy.com
  • Headquarters: Frederick, Maryland, United States
  • Founded: 2018
  • Headcount: 11-50
  • Latest funding type: Series A
  • LinkedIn

Fesco Energy is a global leader in clean, resilient, and decentralized energy solutions. They specialize in offering customized energy solutions for government agencies and organizations with mission-critical infrastructure. With their turnkey energy performance contracting capabilities, Fesco Energy simplifies the acquisition, deployment, and management of energy solutions while reducing carbon footprint.


Want to find more geothermal energy companies?


If you want to find more companies that offer a range of services, from geothermal exploration to sustainable energy production 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!

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