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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...

Resilience and Rehabilitation Key For 40 year old Tongman Geothermal Plant

The Tale of Resilience: How Tongonan Geothermal Plant Overcame Typhoon Haiyan

By:Robert Buluma


Nearly 20 kilometres outside of the city of Ormoc, The Tongonan-1 geothermal power plant sits in mountainous Kananga, Leyte in the Philippines’ typhoon belt. Image: EDC

In the wake of devastation, stories of resilience often emerge as beacons of hope. Such is the case of the Tongonan Geothermal Plant in the Philippines, which not only weathered the destructive force of Typhoon Haiyan but emerged stronger and more resilient than ever before.

The year was 2013 when Typhoon Haiyan, one of the strongest tropical storms ever recorded, wreaked havoc on the province of Leyte. Among its victims was the Tongonan Geothermal Plant, a vital energy source in the region. Engineer Teodulfo Troyo, who witnessed the plant's shutdown in anticipation of the storm, recounts the harrowing experience of seeing the facility succumb to nature's fury.

But amidst the ruins, a spirit of resilience took root. Energy Development Corporation (EDC), the plant's owner, rallied its workforce and embarked on a journey of rehabilitation and renewal. In the aftermath of the disaster, EDC mobilized resources to aid affected communities, demonstrating its commitment to both its employees and the surrounding populace.

The road to recovery was fraught with challenges, yet EDC remained steadfast in its mission. With investments exceeding US$54 million, the company embarked on an ambitious rehabilitation project, modernizing the plant's infrastructure and bolstering its resilience to future disasters. From upgrading equipment to implementing state-of-the-art technology, every effort was made to ensure the plant's longevity and reliability.

Today, the Tongonan Geothermal Plant stands as a testament to the power of resilience. Celebrating its 40th anniversary, the plant continues to serve as a beacon of sustainability, providing clean and reliable energy to the Philippines. But its impact extends beyond mere electricity generation. Through initiatives like the Kananga-EDC Institute of Technology Educational Foundation (Keitech), EDC invests in the education and empowerment of the local community, paving the way for a brighter future.

Not long ago EDC celebrated Parpillion 1 marking 40 years in business not long ago

As we reflect on the journey of Tongonan Geothermal Plant, we are reminded of the resilience that resides within us all. In the face of adversity, it is not merely survival but thriving that defines our humanity. And like the Tongonan Geothermal Plant, may we emerge from the storms of life stronger, more resilient, and ever-ready to face the challenges that lie ahead.

Source:Robert Buluma,EDC Power Post Mail

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