Eavor Technologies

Eavor Technologies

Providing closed-loop geothermal technology that delivers clean, reliable, and scalable energy without the need for fracking or aquifers.

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CAD89.0m

Valuation: CAD910m

Late VC
Total Funding000k
More about Eavor Technologies
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Eavor is a Canadian energy technology company that develops and deploys closed-loop geothermal systems designed to provide consistent, clean, and scalable energy. Its proprietary technology, the Eavor-Loop™, offers a geothermal solution that operates independently of traditional geothermal reservoirs, using a sealed system to circulate a working fluid through a network of subsurface wells and horizontal connections.

Unlike conventional geothermal methods that rely on water, natural aquifers, or fracking, the Eavor-Loop™ is based on a closed-loop design that captures heat from the Earth’s natural thermal gradient. This approach avoids environmental concerns such as water usage, emissions, and seismic risk, while making geothermal energy accessible in a broader range of geographic locations.

Eavor's technology is engineered to deliver baseload and dispatchable power, meaning it can provide a consistent energy output and help balance electricity grids alongside variable renewable sources like wind and solar. The system also offers potential applications in district heating and industrial thermal energy supply.

The company has demonstrated the feasibility of its approach through pilot projects like Eavor-Lite™ in Alberta, Canada, and is expanding internationally with projects such as Eavor-Europe™. Eavor collaborates with energy providers, governments, and infrastructure developers to integrate its systems into local energy strategies.

By offering a geothermal alternative that is not constrained by site-specific geological conditions, Eavor aims to contribute to diversified and resilient low-carbon energy systems.

Keywords: Eavor, geothermal energy, closed-loop geothermal, Eavor-Loop, clean energy, baseload power, dispatchable renewable energy, sustainable power generation, geothermal heating, frack-free energy, zero-emissions, renewable infrastructure, district heating, energy technology.

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