Chubu Electric Power Acquires Strategic Stake in Eavor Technologies Inc.
Eavor Technologies Inc. (“Eavor”), the leader in globally scalable geothermal technology, is pleased to announce that Chubu Electric Power Co., Inc. (“CHUBU”) has entered an agreement to make a direct investment in Eavor and support the commercialization of Eavor-Loop™ technology.
European investment on geothermal expected to reach USD 7.4 billion
“The total installed geothermal heating capacity in Europe is expected to increase by 58% by 2030 according to a research done by business intelligence company Rystad Energy.”
KCA Deutag & Eavor GmbH Sign Contract to Drill Revolutionary Geothermal Power Project
DÜSSELDORF, Germany – Leading drilling, engineering and technology company KCA Deutag has announced that it has signed a contract with EAVOR ERDWÄRME GERETSRIED GmbH (“Eavor”) to provide two drilling rigs for the construction of Eavor’s first commercial Eavor-Loop™ system.
Joint Development Between Eavor and Turboden
Eavor’s proprietary geothermal power technology consists of two vertical wells connected by one or more passes designed to circulate a working fluid in a closed loop system, with no interaction with the underground formation water, to supply heat at the surface.
Turboden Organic Rankine Cycle (ORC) Technology converts the heat available at the surface into electricity by means of a closed thermodynamic process involving a suitable working fluid which is heated up in a heat exchanger and expanded in a turbine to generate electricity.
The Public-Private Partnership for The Journey to the Center of the Earth
To have a hope of stemming climate change, of staying under the 2° C rise that scientists have said is a critical milestone, we will need every available solution and many more that have yet to be developed.
How to Fix the World’s Energy Emergency – The Economist
An article featured in The Economist explores a number of approaches to rein in fossil fuel use in relation to the global climate crisis. The article includes several valid points and recommendations pursuant to a feasible energy transition while minimizing environmental harm.
Eavor to drill the deepest and hottest directional geothermal well in history: Eavor-Deep™
Eavor Technologies Inc. (“Eavor”) is pleased to announce the commencement of their demonstration project to drill the deepest and hottest directional geothermal well in history (called Eavor-Deep™).
It’s Getting Hot In Here – A Very Cool Eavor-Loop Application
Recent heat waves worldwide, with record temperatures threatening food production and even human survival, highlight an obvious but very important fact: a consequence of global warming is an increasing need for sustainable cooling strategies.
The Switch – Geothermal is the future of energy – John Redfern, CEO Eavor
Eavor CEO, John Redfern was recently interviewed on the Baseload Capital ‘The Switch’ podcast for a special CERA Week episode entitled ‘Geothermal is the future of energy.’
Government of Canada supporting Canadian cleantech companies from seed to scale-up
Canadian entrepreneurs are world leaders in developing diverse clean technologies while advancing the Canadian economy. Despite COVID-19 disruptions and uncertainties, Canadian cleantech companies responded with agility, ingenuity and resilience to advance our global leadership.
Eavor selects Turboden as supplier for development of power plant to be deployed with closed-loop geothermal system in Germany
Eavor, the leader in scalable geothermal energy, has selected Turboden S.p.A. (“Turboden”) for the development of their project in the South of Germany in Geretsried (Bavaria). This investment in Turboden’s Organic Rankine Cycle (“ORC”) system will be used in the first commercial Eavor-Loop™ project harnessing heat from the Earth to deliver electricity to the local market.
Japan Prepares for Power Crunch as Heat Mounts
A heatwave in Japan has incited authorities to strongly recommended reducing power usage while temperatures reached 35 degrees celsius for a second day. Seasonal heatwaves aren’t uncommon in Japan, however media reports claim that a lack of action by the government to reduce emissions may have allowed the anomaly to occur.
