New England Renewable Energy, in Hyannis, announces the completion of a geothermal energy project at Otis Airbase, on Cape Cod. Company President Ed Malloy reports that the federal government is now heating and cooling large buildings at Otis Airbase with geothermal technology instead of oil, saving thousands of dollars.

“This is the largest federally owned geothermal system in Massachusetts,” says Malloy. “It’s a testimony to the value and broad application of renewable geothermal technology as a means of efficiently heating and cooling both large and small buildings.”

Geothermal technology involves a pump that extracts energy from water below the earth’s surface, using that energy to heat and cool commercial and residential buildings. Malloy says that the new system at Otis Airbase can save taxpayer dollars over time and help to guide funds toward the development of additional alternative energy sources.

Location: New England Renewable Energy Systems, 110 Breed Hill Rd., Ste. 5, Hyannis. For more information, call 855-637-3639 or visit NERenewable.com.