A Globe and Mail feature article recently indicated a persistent challenge for Canadian cleantech startups: difficulty securing financial backing within Canada. Eavor, like many others, was pushed to seek international investments to scale its operations.
A recent BBC article discusses how next-generation geothermal companies, such as Eavor, are overcoming the challenge of tapping into the earth’s near-limitless energy.
A recent report from Heatmap indicates geothermal energy’s unique bipartisan appeal in the U.S. and how it can be an energy solution that transcends ideological divides. “Geothermal has something to offer everyone,” said Aidan Mackenzie, a fellow at the Institute for Progress, to Heatmap.
CALGARY, Alberta, Canada – In a new report, the International Energy Agency’s (IEA) makes clear geothermal energy’s potential to contribute to a 100% clean energy grid. The report highlights how innovations in enhanced geothermal systems (EGS), advanced geothermal systems (AGS), and superhot rock technologies are expanding the accessibility and scalability of geothermal power across the globe.
As the keynote speaker at the Energi Gala in Banff, AB, Eavor co-founder Jeanine Vany shared the company’s journey in commercializing energy security. Drawing on her 15 years of experience in oil and gas, Vany highlighted how the Eavor team has roots in leveraging expertise from the petroleum sector to develop scalable geothermal systems.
Global News broadcasted a feature detailing Eavor’s first commercial project in Geretsried, Germany, highlighting its potential to provide heat and power to up to 20,000 homes in the region.
