The Pivot Away From Oil & Gas Continues to Gain Momentum Across Canada & Around the World
The province of Alberta is Canada’s largest oil producer and has often been referred to as the economic engine responsible for driving Canadian growth, particularly during years of prosperity in the oil and gas industry. However, as the pivot away from oil and gas continues to gain momentum across Canada and around the world, the […]
Getting the Next Generation of Alberta Youth Excited about Renewable Energy
Eavor was recently featured in Alberta’s top community news platform – Todayville. The article highlights our focus on education and ensuring the future generations have the ability to get involved with Eavor. “Eavor has taken several steps to further invest in academia in Alberta through the launch of an ongoing educational campaign aimed at engaging […]
Alberta announces $28m for geothermal and mineral strategy
The Government of Alberta continues to show increasing support for provincial geothermal energy exploration with the release of the 2021 – 2024 Budget, which includes C$28 Million for Geothermal Resource Development and the Mineral Strategy. This budget announcement follows legislative discussions of the Geothermal Resource Development Act, which took place in October 2020, the purpose […]
Red Deer Advocate – Alberta’s economic diversification is already underway
“Alberta’s Jobs, Economy and Innovation – Minister Doug Schweitzer spoke on Thursday by webinar to Red Deer Chamber of Commerce members. From the geothermal to the TV industry, new jobs will be created, said Doug Schweitzer Eavor Technologies of Calgary has raised significant money for this, and plans to produce enough geothermal power to heat […]
Transition Economist – bp and Chevron invest in geothermal startup Eavor
Transition Economist – bp and Chevron invest in geothermal startup Eavor CEO of Canadian firm expects other majors to invest in the sector, which is benefiting from a technological renaissance. The venture capital arms of bp and Chevron invested $40mn in mid-February in Eavor Technologies, a geothermal startup headquartered in Calgary, with a highly innovative […]
Tech Crunch – Geothermal startups get another boost from Chevron as the oil giant backs a geothermal project developer
“Geothermal startups get another boost from Chevron as the oil giant backs a geothermal project developer. The U.S.-based oil major Chevron is doubling down on its investment in geothermal power by investing in a Swedish developer of low-temperature geothermal and heat power projects called Baseload Capital. Oil companies are under pressure to find new lines […]
The Renewable Energy Conversation In The Middle East
For many years, the renewable energy conversation in the Middle East has been largely dominated by discussions on solar energy. With some of the highest solar exposure rates in the world, regions throughout the Middle East are home to some of the world’s largest solar farms (1). However, in recent years, interest in geothermal potential for […]
Eavor’s $40 Million Announcement Gets Wide Press Coverage
On Feb 16th, Eavor made a huge announcement – Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment. Many news organizations covered this announcement, and we’re so proud of all this coverage, we wanted to share all of the articles we are aware of currently. We’d like to thank everyone who […]
Missed John Redfern at the recent Baseload Capital Webinar?
The milestone oil and gas pivot has begun. Did you miss the recent Baseload Capital webinar featuring Eavor CEO John Redfern? Watch John’s segments here You can also watch the full video here below.Also featuring Pernilla Wihlborg, Vinod Khosla, Manon Stöver, Graeme Edge & Alexander Richter Check out Baseload Capital here – Baseload Capital
Renewable Energy Announcements & Initiatives Emerging From Around The Globe In 2021
2021 is off to a powerful start, with renewable energy announcements and initiatives emerging from around the globe. According to Renewable Energy Magazine’s Renewable Energy Trends to Expect in 2021, the New Year will be characterized by diversification and innovation throughout the industry. “Expect to see greener, budget-friendly adaptations in everything from infrastructure to consumer […]
“Geothermal fills a critical gap to complete the energy transition”
In the ongoing discussion surrounding renewable energy alternatives and the impending “green transition”, dialogues labelling geothermal the “forgotten renewable” have been largely accurate until recent years. In an article published by the World Economic Forum, Michael Coren discusses the history of financial and technological obstacles that have placed geothermal behind popular alternatives such as wind […]
Non-Profit Geothermal Rising Advocating For Development Of Geothermal Resources In California
On December 18, 2020, the non-profit organization Geothermal Rising submitted comments to the California Energy Commission on the draft SB 100 report, advocating for the continued development of geothermal resources in California in pursuit of their 2045 goals. California is currently one of the most proactive places in the world in terms of pursuing and […]
