Eavor GmbH
Eavor GmbH (pronounced “Ever”) is a technology-based energy company committed to a clean, reliable and affordable energy future worldwide.
The Eavor-Loop™ system is the world’s first truly scalable form of clean, predictable, base-load capable and flexible heat and power. Eavor avoids many of the problems that have hampered conventional geothermal energy to date. The company circulates a harmless working fluid through a giant underground radiator, in a closed circuit and completely isolated from the environment. This radiator collects the naturally occurring geothermal energy and transports it upwards to a heat exchanger. Eavor is backed by equity investments from several leading global energy producers, investors, developers and venture capital funds, including Vickers Venture Partners, bp Ventures, Chubu Electric Power, BDC Capital, Temasek, BHP Ventures, OMV, the Canada Growth Fund, Kajima Corporation and the Microsoft Climate Innovation Fund.
Eavor GmbH is a subsidiary of Eavor Technologies Inc. whose task is to develop geothermal heat and power generation projects in Germany. The parent company Eavor Technologies Inc. was founded in Canada in 2017 by specialists from the energy industry. Numerous pioneering patents in drilling technology and the sealing of boreholes form the foundation of Eavor Loop™ technology.