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, on-demand renewable energy anywhere in the world through an innovative deep-geothermal solution.
The two oil majors were among six strategic investors who took part in a $40m funding round, and both are now likely to further assist Eavor financially and practically as the company builds out its first commercial projects.”
Continue reading “Oil giants BP and Chevron become part-owners of ‘world-changing’ deep-geothermal innovator Eavor” on Recharge News