Eavor’s Presence in Japan Strengthens as Japanese Media Embrace the Merits of Closed-Loop Systems
Eavor’s technology and potential in Japan have been gaining momentum in capturing the attention of Japanese newspapers and media outlets. Recently, an article from Japanese online publication Energy Frontline interviewed Representative of Eavor Japan James Heatherington, and discussed the viability of Eavor’s technology in a country that has “high potential for geothermal power generation and high expectations for development using this technology.” Additionally, major Japanese newspaper Chunichi Shimbun features both the EUIF investment into Eavor’s Geretsried project and Chubu Electric Power Co. major investment in Eavor Technologies. The article comments: “The geothermal startup company that Chubu Electric Power has invested in has been granted 91.6 million Euro from the EUIF for its first commercial project in Germany, for which Chubu Electric Power has acknowledged the importance of. Electric production is expected to start in the latter half of 2024. This is a new type of renewable energy with high expectations.”