4 ms·
Horizontal drilling with a closed loop system sounds a lot like Eavor's system (https://www.eavor.com/ https://www.eavor.com/). Eavor was a hot company here in
by giarc 3y ago
Horizontal drilling with a closed loop system sounds a lot like Eavor's system (https://www.eavor.com/ https://www.eavor.com/). Eavor was a hot company here in Alberta a while ago but I haven't heard anything since.
- jeffbee 3y agoIt's also the same tech used by Ormat https://www.ormat.com/ https://www.ormat.com/
- MaBu 3y agoThey got 91 million from EU fund to built commercial project. It should start producing electricity start of next year. 8MWat electricity and 64 MW thermal. Looks like everything is going according to plan. https://eavor-geretsried.de/en/ https://eavor-geretsried.de/en/ https://www.eavor.com/press-releases/eavors-next-generation-geothermal-project-awarded-916-million-grant-from-the-european-innovation-fund/ https://www.eavor.com/press-releases/eavors-next-generation-...
- n00bskoolbus 3y agoThey also got $90 million from the Canadian government https://betakit.com/canada-growth-fund-injection-tops-eavors-series-b-at-182-million/ https://betakit.com/canada-growth-fund-injection-tops-eavors...