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Eavor steps back from operator role in the Geretsried geothermal project

Eavor at the Crossroads: What Geretsried Really Tells Us About the Future of Closed-Loop Geothermal By Alphaxioms Geothermal Insights | May 13, 2026 For years, Eavor Technologies was the geothermal sector's most talked-about enigma. The company raised hundreds of millions of dollars, attracted backing from heavyweights including BP , Chevron , Helmerich & Payne , and Temasek , and made bold promises about a proprietary closed-loop technology that would quietly revolutionise how humanity extracts heat from the earth. But it rarely said much in public. The secrecy was, to many observers in the geothermal community, a feature rather than a bug — protecting intellectual property, managing competitive intelligence, buying time. Now, Eavor is talking. And what it is saying is worth listening to very carefully. In an exclusive interview published on May 13, 2026, by GeoExpro editor Henk Kombrink, Eavor's new president and CEO Mark Fitzgerald — who took the role in October 2025 ...
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TGDC'S NGOZI GEOTHERMAL FINALIZING ON IT'S 70 Mwe

"TGDC's Geothermal Site in Ngozi: A Powerhouse of Sustainable Energy

 
In a significant stride towards sustainable energy production, the TGDC's geothermal site in Ngozi is gearing up to finalize its ambitious 70 MWe (Megawatts electrical) goal, with 30 MWe already in operation. This remarkable achievement exemplifies the potential of geothermal energy in meeting the world's growing energy demands while reducing carbon emissions and dependence on fossil fuels.

**Harnessing Earth's Natural Heat**

Geothermal energy is a clean, renewable, and abundant source of power that capitalizes on the Earth's natural heat. It involves tapping into the Earth's internal heat reservoirs through wells and converting this thermal energy into electricity. Ngozi's geothermal site has been a pioneer in this regard, taking advantage of the region's geothermal potential.

**The Journey to 70 MWe**

The journey to 70 MWe was marked by careful planning, significant investment, and rigorous engineering. Initially generating 30 MWe, TGDC's geothermal site laid the foundation for further expansion. This involved drilling deeper into the Earth's crust to access more geothermal resources and installing additional power generation infrastructure.

**Clean, Reliable, and Sustainable Energy**

One of the most significant advantages of geothermal energy is its reliability. Unlike solar and wind power, which are subject to weather conditions, geothermal power generation can operate consistently, providing a stable source of electricity. This makes it an ideal candidate for base-load power, meeting the constant demand for electricity.

Furthermore, geothermal energy is environmentally friendly. It produces minimal greenhouse gas emissions and significantly reduces the carbon footprint compared to fossil fuels. In a world grappling with the effects of climate change, transitioning to cleaner energy sources like geothermal is crucial.

**Economic Benefits and Job Creation**

Besides its environmental advantages, geothermal energy also brings economic benefits to the region. As the TGDC's geothermal site expanded, it created job opportunities, stimulating the local economy and providing a sustainable source of income for the community. It's a win-win situation where both the environment and the people benefit.

**A Model for Sustainable Energy Development**

TGDC's geothermal site in Ngozi serves as a model for sustainable energy development globally. It showcases the potential of geothermal energy in achieving renewable energy targets, reducing carbon emissions, and fostering economic growth. As countries worldwide strive to transition to cleaner energy sources, projects like this demonstrate the way forward.

**Looking Ahead**

As the Ngozi geothermal site moves closer to reaching its 70 MWe goal, it symbolizes the broader transition towards a more sustainable energy landscape. It serves as a beacon of hope, reminding us that clean, reliable, and environmentally responsible energy sources are within our reach.

The TGDC's commitment to harnessing the Earth's natural heat for power generation is a testament to human innovation and determination in the face of global energy challenges. With continued investments and advancements in geothermal technology, we can look forward to a future powered by cleaner and more sustainable energy sources, leaving a greener legacy for generations to come.

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Eavor steps back from operator role in the Geretsried geothermal project

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