Dig Energy has announced that it has broken ground and completed its first commercial geothermal heating and cooling installation at 100MAG, the AI and innovation hub of construction and real estate enterprise Suffolk in Boston, Massachusetts. The project also the first deployment of Dig Energy’s compact, modular rig on an active commercial jobsite. Site drilling at 100MAG began in early August and was completed in approximately two weeks.
Dig Energy’s value proposition is making geothermal heating, cooling, and refrigeration accessible and affordable at commercial scale using its proprietary drilling platform. The purpose-built drill uses high-pressure fluid drilling instead of traditional carbide drill bits, thus reducing borehole installation costs by up to 80%. Moreover, the technology runs with a fraction of the crew, footprint, and disruption of conventional drilling equipment, and the active work area at any given time occupies just a few parking spaces.
“Suffolk has led some of the most complex and sophisticated construction projects in the country and has a high bar for its partners to deliver exceptional quality at scale,” said Dulcie Madden, co-founder and CEO of Dig Energy. “This project is exactly the type of environment where the Dig technology excels: a tight lot, operating under a quick, live schedule. We’re proud to be able to fit seamlessly into their infrastructure and be a key part of accelerating progress from initial design and permitting through drilling and building. We see our drilling technology as fitting right into Suffolk’s campus.”
Suffolk Technologies, the venture capital affiliate of Suffolk, is also an investor in Dig Energy through its BOOST 6 accelerator, which brings emerging technologies onto properties and projects around the globe through Suffolk and a network of industry partners. Using Dig Energy gives Suffolk a live deployment of geothermal, enabling the national general contractor to better evaluate the scale and affordability of the energy source for future commercial jobs. The partnership also gives Dig Energy access to its core growth markets through Suffolk’s energy-heavy clientele, such as educational facilities and data centers.
“Dig Energy represents the kind of innovation Suffolk Technologies is looking to support,” said Parker Mundt, Partner, Platform at Suffolk Technologies.
“At 100MAG, Dig has demonstrated how its purpose-built, compact drilling platform can reduce the cost and complexity of geothermal deployment, helping make low-carbon energy infrastructure more practical and scalable for urban and commercial buildings. The project also demonstrates how Suffolk combines strategic investment with real-world deployment to accelerate the adoption of transformative technologies and advance the future of the built environment.”
Source: Email correspondence
