Summit Nanotech, an Albertan green tech organization founded in 2018 made headlines in the Calgary Herald recently after closing a second round of investment funding totaling $67 million. Chris Varcoe, a columnist covering all things Canadian energy for the Calgary Herald reported on the win for Summit Nanotech the same day the company announcement was made and interviewed CEO and founder Amanda Hall for the column.

The country of Taiwan recently hosted its first international conference on geothermal energy. On Monday, January 9, 400 virtual and in-person visitors attended the conference in Taipei City, aimed at highlighting the nation’s geothermal advancements in light of the global energy transition. Taiwan’s Ministry of Economic Affairs financed the event and the Taiwan Geothermal Association coordinated a full day of speeches and presentations from local and international organizations. One such presentation came from the Taiwanese government and detailed the federal incentive programs for geothermal development, regulatory amendments such as simplifying permit acquisition processes, and unveiled 10 geothermal hot spots around the island with potential for resource development.

Japanese electricity giant Chubu Electric is gunning to lead the charge when it comes to decarbonization and cleantech, both at home and abroad. Rechargenews.com secured an exclusive interview with Chubu’s global business division CEO Hiroki Sato, who expressed immense optimism about the company’s growth into international markets and emerging industries in the energy sector.

Category leader in next-generation geothermal energy, Eavor Technologies, is announcing a Strategic Collaboration Agreement with green energy company Getech group. Getech is an international company specializing in advancing the clean energy transition with world-class geoscience data and proprietary Heat Seeker™ software. The company’s revolutionary approach to energy generation is designed to bypass risks, costs, and exploration time associated with traditional geo-energy extraction methods.

The Canadian government has invested over $1 million into the research and exploration of Nunavut’s geothermal heat and energy potential. Canadian Northern Economic Development Agency and the territory’s sole energy provider Qulliq Energy Corporation will fund research analyzing subterranean conditions in the remote communities of Resolute Bay, Baker Lake, and Cambridge Bay over the next three years.

The Energy Council of Canada released a newsletter mid-December with a letter from President and CEO Jacob Irving, summarizing the major energy sector news of 2022. Irving details the fluctuations felt in international oil and gas markets, from prices to production rates and changes in supply and demand.