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.”
Read the full article here – RECHARGE NEWS