Eavor signs agreement for Eavor-Loop geothermal project in Northern California
Eavor and Sonoma Clean Power have signed a cooperation agreement for an up to 200-MW geothermal development in California using Eavor-Loop technology.
Eavor Technologies Inc. (Eavor) has signed a cooperation agreement with Sonoma Clean Power (SCP) for the development of up to 200 MW of installed geothermal capacity in the Sonoma and Mendocino Counties, California. This agreement is the first entered into by Eavor in the California market and will involve the deployment of the Eavor-Loop closed-loop geotherml technology.
The agreement comes as a part of the Geothermal Opportunity Zone (GeoZone) initiative by the Sonoma and Mendocino counties that seeks to develop a geothermal resource with minimal water use, is compatible with community values, and is scalable and cost-competitive.
In March 2023, the SCP Board of Directors voted in favor of three proposed cooperation agreements in the GeoZone. Along with Eavor, Cyrq Energy and Chevron New Energies were granted cooperation agreements for their proposed projects. Each of the proposed agreements call for a demonstration power project at an initial 20-MW capacity that can be scaled up to 200 MW.
“With water and land use of utmost importance to the development of power in Sonoma and Mendocino Counties, Eavor’s closed-loop technology addresses those issues, while removing the geographic constraint of a permeable aquifer, making it truly scalable throughout the region,” said Neil Ethier, VP of Business Development at Eavor.
“It is through these types of initiatives that we are looking to spur advancements of geothermal development for our customers. We have long appreciated the value of having geothermal power generation as part of our portfolio and would like to see it grow. Eavor’s technology is the type of innovation that we are looking to foster through this cooperation agreement,” said Geof Syphers, CEO of Sonoma Clean Power.
“The opportunity to work with a forward-looking entity such as Sonoma Clean Power to unlock the geothermal potential in Northern California utilizing Eavor-Loop™ is a very exciting opportunity for Eavor,” added John Redfern, President and CEO at Eavor.