Transition Economist – bp and Chevron invest in geothermal startup Eavor

July 30, 2021

CEO of Canadian firm expects other majors to invest in the sector, which is benefiting from a technological renaissance.

The venture capital arms of bp and Chevron invested $40mn in mid-February in Eavor Technologies, a geothermal startup headquartered in Calgary, with a highly innovative method for monetizing heat from below the earth’s crust.

Read the full article here

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Transition Economist – bp and Chevron invest in geothermal startup Eavor

More Posts

U.S Government announces new funds and incentives for next-generation geothermal deployment, underscoring significant movement in energy transition

Prime Time for next-generation geothermal has arrived, and Germany wants to capitalize

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