Skip to main content

Posts

Showing posts with the label Bavaria

Eavor Gets Financial Backing From EU and EIB For Bavarian, Geretsried Geothermal Heating Projects

Revolutionizing Energy in Bavaria: The Innovative Geothermal Project Supported by the  European Investment Bank By: Robert Buluma In the heart of Bavaria, Germany, a groundbreaking energy initiative is taking shape, promising a greener, more sustainable future for the region. Backed by the  European Investment Bank (EIB) and bolstered by the EU Innovation Fund, this project aims to harness the Earth's natural heat to power homes and businesses, marking a significant leap forward in renewable energy technology. The Vision: Eavor-LoopTM Technology At the forefront of this venture lies Eavor , a pioneering energy company dedicated to revolutionizing the way we harness geothermal energy. Their innovative Eavor-LoopTM technology represents a paradigm shift in geothermal power generation. Unlike traditional methods that rely on capturing heat from subsurface water or steam reservoirs, Eavor-LoopTM drills deep into the Earth, directly harvesting heat from underground rocks. The Implement