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...
From Łódź to Utah: ABB’s Polish Plant Powers the Next Generation of American Geothermal Energy By: Robert Buluma In the race to build a reliable, carbon-free grid, a quiet but powerful partnership is taking shape—one that connects a high-tech factory in central Poland with a sprawling geothermal development in the Utah desert. ABB , the Swiss-Swedish engineering giant, has signed an agreement to supply advanced motor control solutions for Fervo Energy's flagship Cape Station project in Beaver County, Utah. The equipment, including more than 80 medium-voltage drives, will be manufactured at ABB's state-of-the-art facility in Aleksandrów Łódzki, Poland, underscoring how global supply chains are mobilizing to unlock next-generation geothermal energy at scale. Fervo Energy : Redefining Geothermal with Horizontal Drilling and AI Fervo Energy has emerged as a leading force in enhanced geothermal systems (EGS), a technology that adapts oil and gas techniques—horizontal drilling, m...