Leading Canadian geothermal energy developer merging with award-winning green infrastructure development and advisory firm.

A new update from energystartups.org places Eavor as the top geothermal energy startup in the world, a monumental achievement underlined by $365.3 million in accumulative funding.

Last year the Calgary-based company secured a €91.6-million ($134-million) grant from the European Union, raised $239-million in equity capital and secured a $3.5-million contract with the U.S. Air Force to explore the potential for Eavor-Loop development at a base in San Antonio, Texas.

GreenFire Energy Inc. has appointed Steve Brown as its new president.

In an article published in Newsweek, Eavor Executive VP Origination Robert Winsloe describes Eavor’s evolving global viability and widespread appeal.

A new report published by Geoscience BC provides further evidence of a potential geothermal direct-heat source near Kootenay Lake in BC’s Southeast Region, enhancing the regional, net-zero emissions economy prospects.

The race is on to establish B.C.’s first geothermal electrical generation plant.