Press Releases

Eavor Technologies Inc., an advanced geothermal tech company and leader in geothermal energy solutions, applauded bipartisan energy permitting legislation introduced yesterday in the United States Senate that includes language that will help to accelerate the deployment of geothermal projects across the country. The Energy Permitting Reform Act of 2024 incorporates key provisions of the Geothermal Energy Optimization (GEO) Act of 2024 introduced in February by Senators Martin Heinrich (D-NM), James Risch (R-ID), Mike Lee (R-UT), and Catherine Cortez Masto (D-NV).

CALGARY, Alberta, Canada – Eavor Technologies Inc., an advanced geothermal tech company and leader in geothermal energy solutions, commends the U.S. Department of the Treasury’s recent announcement of interim guidelines outlining the eligibility criteria for new zero-emission energy tax credits. Treasury’s recognition of geothermal, alongside wind and solar, as a qualifying technology for these crucial incentives marks an important step forward in the rulemaking process, which will seek stakeholder input to finalize the criteria and promote the expansion of geothermal energy.

Boulder, CO — The University of Colorado Boulder (CU Boulder) has been awarded two grants totaling nearly $700,000 through the state-wide Geothermal Energy Grant Program (GEGP) to explore the feasibility of geothermal energy on campus. Governor Jared Polis announced the award recipients at a ceremony in Pueblo on Friday.

On April 30, Eavor was joined by Rebecca Schulz, the Minister of Environment & Protected Areas, the Canadian Association of Energy Contractors, the Canadian Geothermal Energy Association, the Rural Municipalities Association, and Brazeau County to commence the planning and development of the Alberta Drilling Accelerator.

CALGARY, Alberta, Canada – Eavor Technologies Inc., an advanced geothermal or closed-loop energy company, praised the Department of Energy’s (DOE) “Pathways to Commercial Liftoff: Next-Generation Geothermal Power,” which provides a roadmap for advancing next-generation geothermal power. The report is the latest installment in the “Pathways to Commercial Liftoff” series that “provide[s] public and private sector capital allocators with a perspective as to how and when various technologies could reach full-scale commercial adoption,” according to DOE.

CALGARY, Alberta, Canada – Eavor Technologies Inc. (“Eavor”), the leader in globally scalable geothermal energy technology, applauded bipartisan geothermal permitting legislation introduced recently in the United States Senate that will address significant permitting challenges for all types of geothermal projects across the country.