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Eavor Demobilizes Rigs in Geretsried: What It Means for Closed-Loop Geothermal Investors, Heat Markets, and Project Risk

Eavor Demobilizes Rigs from Geretsried: What It Really Means for Closed-Loop Geothermal For three years, two drilling rigs on a farm estate near Geretsried, a Bavarian town about 40 km south of Munich, stood as the symbol of the world's most ambitious closed-loop geothermal experiment. Now in October 2026,  Eavor Technologies, the Calgary-based developer of the Eavor-Loop, has told the town and its heating utility that both rigs would leave the site . The company said keeping idle rigs and specialist services on site was costly, and that releasing them would help put the project in the strongest position to continue with Loop 2 once its commercial structure is reworked . On the surface, this is a logistics decision. Underneath, it is one of the clearest signals yet about where first-of-a-kind geothermal technology stands, and how hard it is to turn a technical proof into a bankable business. This article explains exactly what happened, what the move means and what it does not mean...

KenGens Olkaria Green Park In Search For Strategic Investors

Exploring Investment Opportunities in Kenya's Green Energy Sector: A Guide to KenGen's Onboarding at Olkaria Green Park

By:Robert Buluma

Are you an investor looking to capitalize on the booming renewable energy market in Kenya? Look no further than KenGen's Greens Energy Park in Olkaria, Naivasha. With continuous onboarding opportunities for strategic investors, KenGen offers a prime location and a supportive environment for sustainable energy projects.

Accessing the Opportunity

Interested investors can access the submission forms and detailed information about the onboarding process on KenGen's official website, KenGen. Simply navigate to the "Information Center" tab and find the KenGen Green Park registration form. This form serves as the gateway to potentially lucrative investment opportunities in Kenya's renewable energy sector.

Submission Requirements

To be considered for investment at the KenGen Greens Energy Park, prospective investors must submit a comprehensive proposal. This proposal should include:

1.Company Profile: Provide a detailed background of your firm, including its history, mission, and vision. Highlight any relevant experience in the energy sector.

2.Management Structure: Outline the management structure of your firm, showcasing the expertise and experience of key personnel who will be involved in the project.


3.Project Development and Operations*: Detail any projects of a similar nature that your firm has undertaken in the last five years. Include information about the location, size, funding structures, and output in USD.

4.Financial Documents: Submit audited financial statements for the last three years. Additionally, include tax registration and tax compliance certificates, or equivalent documents applicable in your country of origin.

Evaluation Process

Once the submission is received, KenGen will evaluate each proposal carefully. The evaluation process will assess the viability, sustainability, and potential impact of the proposed project. Factors such as financial stability, operational expertise, and alignment with Kenya's energy goals will be considered.

Why Invest in Kenya's Green Energy Sector?

Kenya has positioned itself as a regional leader in renewable energy development. With abundant natural resources such as geothermal, wind, and solar power, the country offers a conducive environment for sustainable energy projects. Additionally, the government has implemented supportive policies and incentives to attract investment in the sector.

Investing in Kenya's green energy sector not only promises financial returns but also contributes to environmental sustainability and economic development. By partnering with KenGen at the Greens Energy Park, investors can play a significant role in powering Kenya's future while generating profitable returns.

This article depicts the latest Investments in Kenya's Suswa Geothermal projects

KenGen's continuous onboarding for strategic investors presents a unique opportunity to be part of Kenya's green energy revolution. By adhering to the submission requirements and showcasing your firm's expertise and experience, you can access lucrative investment opportunities in one of Africa's most promising renewable energy markets. Don't miss out on the chance to contribute to a sustainable future while maximizing your investment returns. Submit your proposal today and join them in shaping the energy landscape of tomorrow. With the deadline slated for June 31st 2024, A good time to rearrange your house in order.

Source: Tenders Kengen

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