Dandelion Energy

CNBC Names Climate Tech Innovator Kathy Hannun a CNBC Changemaker In Inaugural List

Retrieved on: 
Wednesday, February 28, 2024
Dandelion Energy, CNBC, Growth, Woman, Renewable energy

MOUNT KISCO, N.Y., Feb. 28, 2024 /PRNewswire/ -- Dandelion Energy, the nation's leading home geothermal company, today announced that company president and founder Kathy Hannun is included on CNBC's inaugural Changemakers List. This prestigious recognition celebrates influential women reshaping the business landscape with innovative leadership and sustainable practices.

Key Points: 
  • MOUNT KISCO, N.Y., Feb. 28, 2024 /PRNewswire/ -- Dandelion Energy , the nation's leading home geothermal company, today announced that company president and founder Kathy Hannun is included on CNBC's inaugural Changemakers List .
  • Emerging from Alphabet's Google X lab, Dandelion Energy has become a climate tech industry leader.
  • "Being recognized on CNBC's inaugural Changemakers List is a tremendous honor and a testament to Dandelion Energy's commitment to advancing US home heating and cooling using geothermal technology," said Kathy Hannun, President and Co-founder of Dandelion Energy.
  • Kathy embodies what it means to be a changemaker, and we are incredibly proud of her achievements."

Dandelion Energy Calls for "Switch to Geothermal" in Westchester County, Advocating to Make This the Last Winter Burning Fossil Fuels

Retrieved on: 
Monday, November 6, 2023
Consolidated Edison, Propane, Dandelion Energy, Health, Taraxacum, Climate, Farmer, Carbon, American Lung Association, Disadvantaged, Oxygen, Heat, Almanac, Safety, Cancer, Investment, Pollutant, Inflation Reduction Act of 2022, Birth, The New York Times, Public utility, Renewable energy, Coal

MOUNT KISCO, N.Y., Nov. 6, 2023 /PRNewswire/ -- Dandelion Energy, the nation's leading home geothermal company, today has kicked off an official call to "switch to geothermal" in a new clean energy advocacy campaign in Westchester County. With a core mission to make geothermal systems equitable, accessible, and affordable for every homeowner, the company is laying the groundwork for a sustainable, energy-efficient future starting right where it was originally founded: in New York state.

Key Points: 
  • New Incentives Open Geothermal Access to Disadvantaged Communities in Westchester, Decrease Costs for All Homeowners
    As winter approaches, Dandelion strongly advises homeowners to consider the benefits of geothermal heating and cooling.
  • Since its inception in New York, Dandelion has had Westchester as one of its primary service areas.
  • Any energy derived from burning fossil fuels creates health and safety risks, including those posed by fire and carbon monoxide.
  • We are poised, ready, and immensely grateful for the chance to provide geothermal heating and cooling solutions to Westchester County, especially as winter approaches."

CHESTNUT CARBON BOLSTERS LEADERSHIP TEAM TO ACCELERATE NATURE-BASED CARBON REMOVAL PROJECTS

Retrieved on: 
Friday, September 22, 2023
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NEW YORK, Sept. 22, 2023 /PRNewswire/ -- Chestnut Carbon ("Chestnut"), a nature-based carbon offset developer founded by private investment firm Kimmeridge, today announced that it has appointed Greg Adams as its Chief Financial Officer and Shannon Smith as its Chief Commercial Officer. Mr. Adams will drive Chestnut's financial and capital management strategy and business development efforts, while Ms. Smith will lead efforts to increase marketplace recognition, capitalize on growth opportunities and maximize the organization's commercial potential.

Key Points: 
  • Chestnut's scalable and low-cost afforestation solution facilitates carbon abatement through the development of high-quality nature-based carbon removal credits.
  • Through its target of planting 500,000 acres of land across the U.S., Chestnut supports not only the sequestration of carbon, but also increasing biodiversity, bolstering local communities and restoring natural habitats.
  • Its projects support the future of sound corporate sustainability, helping companies across industries meet their net zero goals more efficiently and cost effectively through the production of high quality carbon removal credits.
  • Ben Dell, Founder and Managing Partner of Kimmeridge, said: "When we launched Chestnut in 2022, we endeavored to fill a critical void by offering nature-based, high-integrity carbon offset solutions – and have done just that.

The New York Geothermal Energy Organization (NY-GEO) - Commends New York State Governor Kathy Hochul for signing legislation that will Expand Opportunities for Geothermal Heating and Cooling for New York's Buildings

Retrieved on: 
Thursday, September 21, 2023
Dandelion Energy, Legislature, Consolidated Edison, Community, GHP, Environmental protection, Electricity, Sierra, Sierra Club, League of Conservation Voters, Temperature, Building, Climate Leadership and Community Protection Act, New Yorker, CLCPA, DEC, Natural gas, Climate, Climate Week NYC, Biophysical environment, Geothermal energy, Heat, Environment, New York State Department of Environmental Conservation, Legislation, Renewable energy

CAMBRIDGE, N.Y., Sept. 21, 2023 /PRNewswire/ -- New York Geothermal Energy Organization NY-GEO, a not-for-profit trade association, representing the geothermal heat pump (GHP) industry in New York State, celebrates the New York Governor for signing A6949/S6604 during Climate Week. 

Key Points: 
  • CAMBRIDGE, N.Y., Sept. 21, 2023 /PRNewswire/ -- New York Geothermal Energy Organization NY-GEO , a not-for-profit trade association, representing the geothermal heat pump (GHP) industry in New York State, celebrates the New York Governor for signing A6949/ S6604 during Climate Week.
  • The geothermal heat pump industry is installing hundreds of systems for New York building owners every year.
  • The new regulations created under this law will significantly increase access to geothermal across the state and help ensure New York meets its climate goals.
  • New York has not only become the State of Opportunity, but it has also become a leader in implementing renewable energy."

Dandelion Energy Celebrates New York Governor Hochul Signing Law to Reform Geothermal Drilling Regulations and Save Homeowners Money on Heating and Cooling

Retrieved on: 
Thursday, September 21, 2023
Dandelion Energy, Consolidated Edison, Sierra, Sierra Club, Organization, Building, Climate Week NYC, Biophysical environment, Legislation, Renewable energy

MOUNT KISCO, N.Y., Sept. 21, 2023 /PRNewswire/ -- Dandelion Energy, the nation's leading residential geothermal company, celebrated New York Governor Kathy Hochul signing a law to reform geothermal drilling regulations during Climate Week.

Key Points: 
  • MOUNT KISCO, N.Y., Sept. 21, 2023 /PRNewswire/ -- Dandelion Energy , the nation's leading residential geothermal company, celebrated New York Governor Kathy Hochul signing a law to reform geothermal drilling regulations during Climate Week.
  • "We are thrilled that Governor Hochul has signed this bill into law.
  • "The state of New York has been ahead of the curve in supporting geothermal as the most efficient and grid-friendly heating and cooling technology," said Dan Yates, CEO of Dandelion Energy.
  • Before passage of this law, New York regulated geothermal systems at depths greater than 500 feet like oil and gas drilling.

Dandelion Energy Partners with Palmetto to Expand Access to Renewable Energy Solutions, Combining Residential Solar With Geothermal Heating & Cooling

Retrieved on: 
Friday, September 15, 2023
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MARLBOROUGH, Mass., Sept. 15, 2023 /PRNewswire/ -- Dandelion Energy, the nation's leading residential geothermal company, and Palmetto, a technology company accelerating the adoption of clean energy, today announced a partnership that will expand access to renewable energy solutions by harnessing the complementary powers of solar and geothermal energy. The partnership will start with a launch program with Palmetto in Massachusetts, where Dandelion expanded services in 2022.

Key Points: 
  • MARLBOROUGH, Mass., Sept. 15, 2023 /PRNewswire/ -- Dandelion Energy , the nation's leading residential geothermal company, and Palmetto , a technology company accelerating the adoption of clean energy, today announced a partnership that will expand access to renewable energy solutions by harnessing the complementary powers of solar and geothermal energy.
  • The partnership will start with a launch program with Palmetto in Massachusetts , where Dandelion expanded services in 2022 .
  • When geothermal and solar work together , homeowners can lower consumption and increase renewable generation, making many homeowners energy-independent.
  • The combination of geothermal and solar systems will revolutionize how homeowners perceive and utilize renewable energy," said Dan Yates, CEO of Dandelion Energy.

Dandelion Energy Ranks No. 2,470 on the 2023 Inc. 5000

Retrieved on: 
Tuesday, August 15, 2023
Database, Heat, Dandelion Energy, Microsoft, Chobani, Renewable energy

NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Inc. revealed today that  Dandelion Energy, the nation's leading residential geothermal company, ranks No. 2,470 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

Key Points: 
  • NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Inc. revealed today that Dandelion Energy , the nation's leading residential geothermal company, ranks No.
  • 2,470 on the 2023 Inc. 5000 , its annual list of the fastest-growing private companies in America.
  • Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
  • "We are incredibly proud to be recognized by Inc. 5000 as one of the nation's fastest-growing companies," said Dan Yates, CEO of Dandelion Energy.

Dandelion Energy Announces Dan Yates as New CEO

Retrieved on: 
Monday, July 31, 2023
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MOUNT KISCO, N.Y., July 31, 2023 /PRNewswire/ -- Dandelion Energy, the nation's leading residential geothermal company, today announced Dan Yates as CEO.  Yates previously served as the Executive Chairman at Dandelion, where his stewardship has played a pivotal role in guiding the company's development and expansion since originally joining the team in 2018. Dan is a mission-driven entrepreneur, and his commitment to sustainability and renewable energy is mirrored in his substantial and ongoing contributions to the sector. Yates succeeds Michael Sachse, who concludes an impactful four year tenure at the company.

Key Points: 
  • MOUNT KISCO, N.Y., July 31, 2023 /PRNewswire/ -- Dandelion Energy , the nation's leading residential geothermal company, today announced Dan Yates as CEO.
  • "Dan is an exceptional leader with a proven track record of creating and growing successful companies in the energy sector.
  • "As CEO, we believe Dan will bring an even greater focus on our mission of making clean energy accessible and affordable to homeowners nationwide.
  • "I am truly honored to take on the role of CEO at Dandelion Energy," said Yates.

Dandelion Energy Celebrates New York Legislature Vote to Reform Geothermal Drilling Regulations and Save Homeowners Money on Heating and Cooling

Retrieved on: 
Friday, June 9, 2023
Dandelion Energy, Senate, Water, Climate change, Biophysical environment, Renewable energy, Legislation

MOUNT KISCO, N.Y., June 9, 2023 /PRNewswire/ -- Dandelion Energy, the nation's leading home geothermal company, celebrated the New York Senate passage of S6604 yesterday; this follows the passage of companion legislation A6949 by the New York Assembly on May 17, 2023, by a vote of 143 to 3.

Key Points: 
  • Legislation will remove outdated regulations and lead to billions of dollars of cost savings for geothermal heat pump installations for New York residents.
  • Current regulations treat geothermal systems at depths greater than 500 feet like oil and gas drilling.
  • This disadvantages urban dwellers and those on smaller lots, preventing them from reaping the energy bill savings of geothermal heat pumps .
  • With this change, geothermal systems will be more affordable to install and accessible to more New Yorkers, saving billions in installation and energy costs.

NGP Energy Transition IV, L.P. Completes Final Closing at $700 Million

Retrieved on: 
Thursday, June 1, 2023
EV, Electric Vehicles, Automotive, Manufacturing, Other Natural Resources, HVAC, Other Energy, Natural Resources, Other Manufacturing, Oil, Gas, Alternative Energy, Energy, Carbon, Form Energy, Dandelion Energy, NGP, Sustainable community energy system, Partner (business rank), Wind, AES Corporation, Trust, Acquisition, Renewable Energy Group, Growth, Rubicon, Pearson Yachts, Magnetism, Renewable energy

NGP is pleased to announce the final closing of NGP Energy Transition IV, L.P. (“NGP Energy Transition IV” or the “Fund”) at $700 million of total capital commitments.

Key Points: 
  • NGP is pleased to announce the final closing of NGP Energy Transition IV, L.P. (“NGP Energy Transition IV” or the “Fund”) at $700 million of total capital commitments.
  • NGP Energy Transition IV was activated in April 2022 and has invested over $100 million in seven portfolio companies, several of which are profiled below.
  • In 2020, NGP accelerated its energy transition investment effort and has since committed and invested over $600 million in the energy transition across more than 20 portfolio companies.
  • Phil Deutch, NGP Partner and NGP Energy Transition Fund Head, commented, “NGP partners with outstanding management teams to drive significant growth and value creation.