GreenFire Energy and Toyo Engineering Join Forces to Transform Geothermal Projects in Asia Pacific
By : Robert Buluma
September 10, 2025 – A groundbreaking partnership has been announced between GreenFire Energy and Toyo Engineering Corporation (TOYO), aimed at advancing next-generation geothermal projects across the Asia Pacific region.
The collaboration will initially focus on Japan and Indonesia, two countries with vast untapped geothermal resources, before expanding into North America. Together, the two companies plan to unlock the full potential of existing geothermal fields by introducing innovative, closed-loop geothermal systems.
A Leap Forward for Baseload Geothermal Power
GreenFire Energy brings to the partnership its patented closed-loop and advanced geothermal systems (AGS). These systems are designed to capture heat and revitalize geothermal wells that conventional methods can no longer efficiently use. By pairing this with TOYO’s engineering, procurement, construction, and digital optimization expertise, the partnership offers a turnkey geothermal solution that ensures premium, reliable, and low-carbon baseload power.
Rob Klenner, President of GreenFire Energy, stated:
“This partnership marks a leap forward for premium, baseload geothermal power in Asia. Our closed-loop technology has demonstrated its ability to improve recovery in existing assets. Partnering with TOYO scales and streamlines field deployment. Together we can turn under-performing geothermal assets into high-value generation hubs that raise capacity, lower risk, and accelerate speed-to-power for operators across the region.”
Revitalizing Asia’s Geothermal Fields
Asia Pacific is home to the majority of the world’s geothermal production. Japan and Indonesia, in particular, hold immense geothermal potential but face challenges with underperforming wells. Through joint feasibility studies, subsurface modeling, and AGS retrofit projects, GreenFire and TOYO aim to revive aging geothermal fields, extend the lifespan of existing infrastructure, and expand access to low-carbon, resilient energy.
Global Collaboration Opportunities
While Asia Pacific is the immediate focus, the partnership will also explore opportunities in the United States, where GreenFire Energy is already developing projects. Here, TOYO could play a critical role in engineering services and project delivery, further strengthening the collaboration’s global impact.
About GreenFire Energy
GreenFire Energy is a next-generation geothermal developer, pioneering scalable baseload power solutions for industries such as data centers, defense, and manufacturing. Leveraging advanced heat recovery methods and proven oil and gas technologies, GreenFire is on a mission to develop 150 MWe of geothermal capacity by 2030.
About Toyo Engineering
Founded in 1961, Toyo Engineering Corporation has delivered advanced engineering and project solutions in over 60 countries. With expertise spanning oil and gas, petrochemicals, and renewable energy, TOYO’s mission is clear: “Engineering for Sustainable Growth of the sector "
🌍 This partnership between GreenFire Energy and TOYO represents more than just a business deal—it is a bold step toward a cleaner, more sustainable energy future for Asia and beyond.
Source: Canada Geothermal
Comments
Post a Comment