Newsroom

Eavor’s Yuta Kano and James Heatherington presented Eavor-Loop™ technology as an industry game-changer

In Plug and Play’s most recent collaborative event about innovative technologies, Yuta Kano and James Heatherington had the opportunity to present Eavor’s technology as an “unconventional geothermal revolution” during the platform’s Climate Tech Innovation showcase. “I believe that Eavor is the true game-changer for the future of energy,” said Mr. Kano during the presentation. Mr. Kano is the general manager at the Clean Energy Solution Unit at Chubu Electric power, which is a part of the company’s global business division. He is also a board member of Eavor Technologies and the Managing Director of the Geretsried project.

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German Chancellor Olaf Scholz Praises Eavor’s Technology

In his speech during the inauguration of Eavor’s first commercial project at Geretsried, Federal Chancellor Olaf Scholz made a speech praising Eavor’s technology, and platformed it as an asset that will help Germany to achieve its goal of becoming one of the first climate-neutral industrialized countries in the world by 2045. “It is a technical masterpiece that you have undertaken here in Geretsried with this project,” said Scholz. “If this attempt succeeds, it would not only be a great piece of engineering, but an even greater step forward for our heat transition.” Moreover, the Chancellor attributed this as a benefit because it means having geothermal energy independent of heated water, which is a resource that is challenging to find and access.

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Alberta Minister of Environment and Protected Areas Rebecca Schulz promotes Eavor-Loop™ technology in Germany

Eavor co-founder and EVP Jeanine Vany had the opportunity to meet the Minister of Environment and Protected Areas of Alberta, Rebecca Schulz, and provide a tour of Eavor’s Geretsried drill site. In regard to the event, Vany commented: “It was my honor to tour Minister Schulz around the drilling site at Geretsreid. In some ways having Minister Schulz present felt like coming full circle. Without the early-stage investment from the Alberta and Federal governments to drill the Eavor Lite pilot in Alberta in 2019, we would not be standing here today, in Bavaria, drilling the first commercial Eavor Loop™. Our goal to enable local clean energy autonomy everywhere is feeling closer than ever and will certainly have a transformative impact on the energy crisis in Europe as we deploy more Eavor Loops.”

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The German Chancellor announces his wish for Eavor-Loop™ technology to succeed in Germany on a “significant scale.”

The inauguration of Eavor’s first commercial project in Geretsried was the site where German Chancellor Olaf Scholz made an announcement to implement more geothermal plants tenfold, as he said that geothermal is an “obvious solution” to combating climate change. “This is ambitious, but a secure and, above all, affordable supply of renewable energy is an advantage that is crucial not only for our citizens but also for our economy. For location decisions and for investments,” said Scholz. “I wish … that Germany will be the first country in Europe where the Eavor-Loop™ works on a significant scale.”

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QR Calgary – Mornings with Sue & Andy featuring Eavor’s President & CEO, John Redfern

Eavor CEO and President, John Redfern recently joined the QR Calgary radio show, Mornings with Sue & Andy for an episode entitled ‘Promise of Geothermal Energy Technology’. A Calgary based tech company is using their innovations in geothermal energy to help power Germany! This morning John Redfern, president and CEO, Eavor Technologies Inc. joined us to discuss their work and the potential of geothermal energy.

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Excitement ignites in Germany over Eavor-Loop™ technology following Eavor’s inauguration event in Geretsried

Eavor-Europe’s™ project site at Geretsried attracted a bustling crowd of government officials, engineers, geologists, policy makers, and media on Thursday, Aug. 24 to witness the inauguration of Eavor’s first commercial power plant. Some of the most notable attendees included Federal Chancellor Olaf Scholz, Bavaria’s Prime Minister Markus Söder, Research Minister Bettina Stark-Watzinger, and Alberta Minister of Environment and Protected Areas Rebecca Schulz.

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