The efficient use of solar energy for greenhouse heating is one of the most obvious applications to save the heating energy for greenhouse culture. To increase the efficiency of solar energy utilization in plastic greenhouse, underground heat exchange system was installed. Characteristics of the stored and released thermal enery in plastic greenhouse with underground heat exchange system was analyzed. The average stored and released thermal energy in this system were 1,484 $kJ/m^2$ day and 555 $kJ/m^2$ day, respectively. The average coefficient of performance of heat exchange system was found to be 2.86. Also an attempt was made to predict the air temperature in plastic greenhouse. The agreement between the results of prediction and that of measurement was relatively good.