Year in Review 2024
Check out Eavor’s Year in Review for 2024!
Eavor to showcase closed-loop geothermal at Hannover Messe 2025
Eavor will be exhibiting at this year’s Hanover Messe (Hanover Fair), one of the world’s largest and most influential industrial trade fairs, from March 31 to April 4, in Germany. Attendees are invited to visit Eavor’s team in Hall 013 at Booth G65.
Eavor showcasing innovation at GeoTHERM 2025
Eavor’s booth at GeoTHERM 2025, Europe’s largest geothermal trade fair, has seen great success. Attendance at this expo allowed Eavor to showcase the company’s innovations, engage in meaningful discussions with the public, and educate on the potential of closed-loop geothermal.
Eavor’s Milestone in Geretsried Becomes ThinkGeoEnergy’s Most-Read Story of 2024
Eavor’s first commercial project in Geretsried, Germany, has captured significant attention, earning the distinction of ThinkGeoEnergy’s most-read story of 2024. By March 2024, Eavor had drilled a total measured depth of 7,000 meters, with further advancements bringing that figure to 8,000 meters by year-end. With accumulated progress over the last year, Eavor remains on track to generate geothermal power from the site in 2025.
Eavor’s promising career prospects in geothermal energy
Eavor GmbH’s Managing Director, Daniel Mölk, described the reasons why the company is a promising place for deep drilling engineers, geologists, geophysicists, and plant construction specialists and creating promising career opportunities.
Eavor’s innovative technology featured by Associated Press
The Associated Press recently published a feature article contextualizing Eavor’s first commercial geothermal project in Geretsried, Germany, as a key step toward energy independence for local communities.
Eavor’s closed-loop technology featured on NHK to highlight Japan’s clean energy transition
Japanese public broadcasting powerhouse NHK featured Eavor’s geothermal project in Geretsried in their online publication. It spotlighted the benefits of closed-loop geothermal, interviewing Yuta Kano of Chubu Electric Power, an active member of Eavor’s Board of Directors, to illuminate the potential Eavor has to help Japan achieve its ambitious carbon neutrality goals.
Geothermal Rising unites with CanGEA, launching Geothermal Rising Canada
Geothermal Rising (GR)—a global organization that promotes the education, development, and implementation of geothermal energy—recently announced their acquisition of the Canadian Geothermal Energy Association (CanGEA).
Geothermal Energy Costs Could Drop 80% by 2035
The cost of geothermal energy could decline by as much as 80 percent by 2035, reaching approximately $50 per megawatt hour, according to the report from the International Energy Agency (IEA). This sharp reduction hinges on increased investment, technological advancements, and policy support.
Alberta students display technological ingenuity at Ten Peaks Conference
Students from the United Robotics of Lacombe (URL) program have developed a unique prototype that could help Alberta beekeepers combat significant bee colony losses.
2024: next-generation geothermal energy’s breakout year
Geothermal energy experienced substantial momentum in 2024, fueled by milestones in funding, project development, and rising demand for carbon-free, around-the-clock electricity.
European Council calls for faster geothermal deployment
The European Council recently concluded an approval to promote geothermal energy within EU member states, aiming to accelerate the decarbonization of heating and cooling with an affordable and secure energy source. To achieve this, the Council calls for faster geothermal deployment and facilitating permitting and access.
