Brigitte Trescher
How can Alberta and Ottawa be friends again? It ...

In a new Globe and Mail op-ed, Cascade Institute Geothermal Office Director, Peter Massie argues that Edmonton and Ottawa can transform conflict into collaboration by establishing drilling test centres that position Canada as a global geothermal leader.

No. 1 Geothermal LP Announces Collaboration with Akita Drilling for Alberta No. 1 Exploration Well

February 24, 2021 (Edmonton, AB) – No. 1 Geothermal Limited Partnership has entered into an agreement with Akita Drilling to be the drilling provider for the exploration well of its geothermal project, Alberta No. 1. With Akita’s extensive drilling expertise in the Western Canadian Sedimentary Basin, this collaboration continues to drive the Alberta No. 1 geothermal project forward.

“We have always stewarded Alberta No. 1 as a geothermal project ‘built in Alberta by Albertans,’” says Dr. Catherine Hickson, CEO of Alberta No. 1. “We are excited to work with an Albertan company with world-class expertise as we deliver the next chapter of the Province’s energy story.”

Eavor Technologies Inc. Secures USD$40 Million Investments From Chevron and Others

On Feb. 16, 2021, Eavor Technologies Inc. announced the completion of a USD $40million (CAD$50.7 million) funding round. Investors in this round include: bp Ventures, Chevron Technology Ventures, Temasek, BDC Capital, Eversource and Vickers Venture Partners. These investments will support the commercialization and scaling of Eavor’s unique technology. The announcement by Eavor is shown below.

Growing Geothermal Industrial Opportunities: Recording Available

On Feb. 11, 2021, Terrapin Geothermics hosted a webinar with Grande Prairie Regional College (GPRC), and the recording is now available. The event was focused around a conversation about what geothermal energy is, why it is the Northwestern renewable resource of today, and how it can be developed. This webinar features a panel discussion and live Q&A surrounding current and future opportunities, visions for a green energy sector, and how industry can prepare for this new energy future. The full description and panel can be found here.

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