Eavor’s 2025 – Year In Review
A Breakthrough Year for Eavor
Redefining the Future of Geothermal
2025 marked a defining chapter for Eavor — a year in which our vision for scalable, clean, always‑available geothermal energy became a real‑world achievement. With the commissioning of the world’s first commercial closed‑loop geothermal project in Geretsried, Germany, Eavor advanced from pioneering technology development to proving the Eavor-Loop™ design.
In December, the Geretsried facility officially began supplying electricity to the German grid. This milestone represents a historic achievement for both the geothermal industry and Eavor’s closed-loop technology. It is a moment that validates years of engineering, collaboration, and perseverance.
Global Leadership Through Performance and Innovation
Bringing the Geretsried project online required new levels of technical performance, especially in the areas of drilling execution, well construction, and subsurface control. Over the course of the year, Eavor delivered significant improvements in drilling rates, operational efficiency, and overall system performance, and these advancements set new benchmarks for the geothermal sector.
Critical lessons emerged from navigating complex subsurface challenges, including sidetracking operations and managing intra‑lateral hydraulic communication. These learnings are already being incorporated into Eavor’s next‑generation drilling strategies. The result is a continuous cycle of innovation that will reduce future project timelines, lower costs, and enhance the overall economics of closed‑loop geothermal globally.
Positioning for the Future
The achievements of 2025 do more than mark a successful milestone; they position Eavor at the forefront of a rapidly expanding clean‑energy landscape. The commercial proof point provided by Geretsried strengthens Eavor’s position as the leader in closed-loop geothermal technology, designing solutions capable of supporting global decarbonization efforts while providing the reliability required by modern energy systems.
Insights and progress from 2025 are guiding and accelerating the next round of Eavor’s continued technology innovation. In parallel, an expanding network of supporters and strong strategic partnerships are creating new opportunities for Eavor‑Loop adoption in key markets. Together, these steps strengthen our path toward making clean, dependable geothermal energy available whenever and wherever it’s needed.
In October 2025, Eavor published a detailed white paper in the Geothermal Rising Conference proceedings in Reno, showcasing significant operational advancements and technological innovations achieved during the drilling of the company’s first commercial project in Geretsried. The paper provides a comprehensive assessment of Eavor’s proprietary technologies—including Insulated Drill Pipe (IDP), Eavor Link™ Active Magnetic Ranging (AMR), and Rock-Pipe™ sealant—and documents substantial performance improvements realized through iterative design and operational improvements. Key outcomes included a 50% reduction in drilling time per lateral and a threefold increase in bit run lengths.
Canada’s most important lever for strengthening its innovation ecosystem is bold investment in clean energy technologies that can meet global climate commitments while satisfying growing energy demand. To lead in the clean energy economy, Canada must foster an environment where cutting edge solutions can thrive; supported by programs like the Canada Growth Fund (CGF) and the Alberta Drilling Accelerator (ADA).
In October, Eavor announced the appointment of Mark Fitzgerald as its new president and chief executive officer. He joined Eavor at a pivotal moment of growth and market expansion, as the company prepared to deploy its first commercial project.
Mark brings more than 35 years of executive leadership experience in the energy sector, most recently serving as president and CEO of PETRONAS Canada, where he led the company through strategic growth and international expansion.
Media with Mark Fitzgerald:
Pam Ramotowski also joined the Eavor leadership team in 2025, as chief human resources officer. She has since been promoted to the role of chief corporate officer. Pam brings over 25 years of leadership, human resources and corporate services experience in the energy and infrastructure sectors, having supported teams in Canada, the U.S. and internationally.
A Chartered Professional in Human Resources with CPHR Canada and a Senior Certified Professional with the Society for Human Resources Management (SHRM – SCP), Pam holds an MBA in Management of Organizations and Human Resources from the University of Calgary and a Bachelor of Management degree in Accounting from the University of Lethbridge.
For the third year in a row, Eavor earned a position among the top energy and power companies in the world as part of the Cleantech Group’s Global Cleantech 100 list. This annual list recognizes the startups and innovative companies best positioned to deliver solutions for a cleaner, more resilient global economy.
Being selected for the Global Cleantech 100 is a validation of Eavor’s technology and a recognition that geothermal is no longer a niche resource. The Global Cleantech 100 is selected through a rigorous process which this year received more than 24,000 nominations from over 57 countries. Companies are scored to create a shortlist then reviewed by the 78 members of Cleantech Group’s Expert Panel.
In March of 2025, Eavor was also named one of the World’s Top Greentech Companies of 2025 by TIME, a list recognizing the innovative technologies shaping the future of energy. This recognition highlights the growing role of Eavor-Loop in the global energy transformation.
Eavor was also pleased to be recognized as one of Darcy Partners’ Top 10 Innovators in Low Carbon Power for 2025.
Over the past year, the Eavor Visitor Centre in Geretsried has welcomed a remarkable variety of guests from across sectors and continents. Representatives from leading energy companies, research institutions, universities, and public authorities came on site to learn more about Eavor’s closed-loop technology and the progress of the Geretsried project. Among them were delegations from Japan, Canada, Switzerland, Panama, and many others – reflecting the strong international interest in Eavor’s approach to scalable, clean geothermal energy. On the German side, the site received visitors from the highest administrative levels, including the Bavarian Environment Agency, regional authorities, and members of local and national institutions.
Partnerships remain central to our growth strategy and global market expansion, enabling accelerated development and deployment of Eavor’s technology. We will continue to advance our capabilities—drilling deeper, accessing hotter rock, and expanding the performance envelope of the Eavor‑Loop. This next phase of innovation will unlock the technology’s full global potential, delivering firm, carbon‑free, and affordable energy wherever it is needed most.
As highlighted by S&P Global, Eavor is targeting regions where zero‑emission power resources are constrained, including Japan and the eastern United States, with rising demand from artificial intelligence data centres creating a compelling opportunity for scalable, clean baseload power.
Looking ahead, Eavor is strengthening its global network through strategic partnerships, policy engagement, and participation in leading industry forums worldwide. Together, these efforts position Eavor to help redefine how the world accesses reliable, clean energy—and to do so at scale.
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