RECHARGE News – Oil giants BP and Chevron become part-owners of ‘world-changing’ deep-geothermal innovator Eavor
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in RECHARGE News. “Canadian start-up attracts $40m of new funding from six strategic partners to support the commercialization of its ‘holy grail’ technology. BP and Chevron have become part-owners of Eavor, the Canadian start-up that offers unlimited, […]
Bloomberg – Big Oil Invests in Startup That Drills for Clean Energy
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in Bloomberg. “Companies including the venture arms of BP Plc and Chevron Corp. invested $40 million in a startup that aims to use the fossil fuel industry’s drilling experience to expand a technology that harvests low-carbon energy […]
MarketWatch – This technology could transform renewable energy. BP and Chevron just invested
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in MarketWatch. “Eavor promises a groundbreaking form of geothermal energy that could be installed in many places around the world. BP and Chevron have made a landmark expansion into geothermal energy on Tuesday, betting on a new […]
Axios – Oil giants stake geothermal startup
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in Axios. “The VC arms of Chevron and BP are funding Eavor, a startup looking to commercialize a form of geothermal energy that it says can provide large-scale power in many regions worldwide. Why it matters: It’s […]
Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment
Eavor’s solution is the world’s first truly scalable form of clean dispatchable power This investment will support Eavor’s aim to power the equivalent of 10 million homes by 2030 Investors in this round Include: bp Ventures, Chevron Technology Ventures, Temasek, BDC Capital, Eversource and Vickers Venture Partners 16 February 2021, Calgary: Eavor Technologies Inc., the […]
Eavor is pleased to announce the arrival of two new members to the Board of Directors
15 February 2021, Calgary: Eavor is pleased to announce the arrival of two new members to the Board of Directors! Cheri Corbett of BDC and Chad Bown of bp Ventures will be joining the Eavor Board of Directors to aid in the navigation of Eavor’s continued growth and global expansion into 2021 and beyond. As we […]
Eavor’s Virtual Reality Tour of the Eavor-Lite™ Facility Reviewed by Think GeoEnergy
Eavor’s Virtual Reality Tour of the Eavor-Lite™ Facility Reviewed by Think GeoEnergy “In a cool virtual reality model, Canadian Eavor Technologies allows a visit to its pilot plant in Alberta, Canada explaining its technologies and approach to revolutionize the approach on how to derive geothermal energy.” – Alexander Richter Read the full review here
RECHARGE News – Unlimited, on-demand renewable energy anywhere in the world – is Eavor-Loop climate change’s holy grail?
RECHARGE News has a fantastic and extensive new article about Eavor covering topics including – First commercial projects, Oil drilling technology repurposed, Eavor-Loop 2.0, Michael Liebreich and more! “Forget nuclear fusion — Canadian start-up says it can harness the heat emanating from the Earth’s core to create affordable baseload and dispatchable power using proven technologies, […]
Vox – Geothermal energy is poised for a big breakout
Eavor was recently mentioned in a fantastic Vox article; “An Eavor-Loop can act as baseload (always-on) power, but it can also act as flexible, dispatchable power — it can ramp up and down almost instantaneously to complement variable wind and solar energy. It does this by restricting or cutting off the flow of fluid. As […]
Setting The Stage For Clean Geothermal Development
Alberta is taking a deep dive to attract new investment in geothermal energy as it continues to build out and diversify the province’s energy sector. Using emerging made-in-Alberta technology and decades of drilling expertise, the government is taking steps to create the conditions for industry to safely and successfully harness clean energy from the earth. […]
Rolling Stone – The Energy of the Future is Right Beneath Your Feet
Eavor has been featured in Rolling Stone, Launching our new Harmony video. “Wind and solar remain the renewables of choice, but they are only part of the solution says Malcolm Ross The world also needs what some, like Duke Energy, call a “ZELFR”; a Zero-Emitting Load-Following Resource. That’s quite a mouthful, but it just means a clean zero-carbon […]
Huisman and Eavor to collaborate on next generation drilling technology
Huisman Equipment B.V (“Huisman”) and Eavor Technologies Inc. (“Eavor”) are pleased to announce an agreement to collaborate on the design and construction of the next generation of highly automated drilling technology focused on the implementation of Eavor’s geothermal solution (“Eavor-Loop™”) on a massive scale. Eavor is working on several potentially disruptive drilling innovations which will […]
