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.”
