Alphaxioms Geothermal News and Related Research Globally

June 7, 2025 Author: Robert Buluma Canada’s Clean Tech Momentum Gets a Boost with Another Major Investment into Eavor’s Geothermal Breakthrough In a bold step toward securing a greener future, the Canada Growth Fund (CGF) has announced an additional investment of up to C$138 million in Eavor Technologies Inc. , a Calgary-based pioneer in closed-loop geothermal systems. This injection of capital will accelerate the global commercialization of Eavor-Loop™ , the company’s groundbreaking technology that promises to reshape the way we harness energy from the Earth. This is not CGF’s first vote of confidence in Eavor. In October 2023, CGF committed C$90 million to the company, recognizing its immense potential to scale dispatchable, reliable geothermal energy. Now, with construction of Eavor’s first commercial-scale facility in Geretsried, Germany well underway and key technological milestones achieved, CGF is doubling down—with a two-phase investment: C$89 million upfront , and C$4...

Presidio, Texas – A quiet border town has just made a thunderous statement on the global stage of renewable energy. On May 22, the Presidio Municipal Development District (PMDD) and Exceed Geo Energy signed a groundbreaking  By:  Robert Buluma 110-megawatt geothermal power purchase agreement term sheet —a monumental move set to redefine the economic destiny of Presidio County. The deal was inked during the inaugural “Presidio Vision 2035” student competition, and it is already being hailed as the most consequential economic development initiative in the region’s modern history. With electricity output far exceeding current local demand, the project is poised to energize not just homes—but industries, data centers, manufacturing hubs, and high-value agricultural processing plants. “We’re not just powering lights—we’re powering futures,” said John T. Kennedy , PMDD Executive Director. “This geothermal commitment lays the foundation for transformative growth that will chan...