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Eavor Technologies

Cleantech & Climate TechCalgary, AB

Calgary-based developer of a closed-loop geothermal system, the Eavor-Loop, that delivers dispatchable heat and power without fracking or continuous water resupply.

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About

Source: eavor.com

Eavor describes itself as a next generation geothermal technology-based energy company dedicated to creating a clean, reliable and affordable energy future on a global scale. It calls its closed-loop Eavor-Loop the world's first truly scalable form of clean, baseload or dispatchable energy, covering heating, cooling and electrical power.

  • The Canada Growth Fund announced up to C$138M in additional investment in June 2025, about C$89M at close with C$48M milestone-contingent. eavor.com

  • Its first commercial-scale Eavor-Loop, Eavor-Europe, is operating in Geretsried, Germany. eavor.com

  • Named No. 2 among 250 companies on TIME's World's Top GreenTech Companies 2026 list in June 2026. eavor.com

  • Won Overall CleanTech Innovation of the Year at the 2026 CleanTech Breakthrough Awards in April 2026. eavor.com

Products & Services

Company site: eavor.com

Products Eavor Technologies publishes on its own site. Each card links to the page it was taken from.

Eavor-Loop

Geothermal system

Closed-loop geothermal system delivering dispatchable heat and power without fracking or continuous water resupply.

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Eavor-Deep

Geothermal system

Deeper, higher-temperature variant of the Eavor closed-loop system.

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Eavor-Lite

Demonstration

Full-scale demonstration facility proving the Eavor-Loop concept.

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Government & Grants

Government support actually received. Unpublished amounts are left out.

  1. Canada Growth Fund - up to C$138 million additional investment (about C$89M at close, C$48M milestone-contingent)

Recent News

  1. Jun 9, 2026Other

    Eavor named No. 2 on TIME World's Top GreenTech Companies 2026

    Eavor was named No. 2 among 250 companies on TIME's World's Top GreenTech Companies 2026 list.

  2. Apr 9, 2026Other

    Eavor wins Overall CleanTech Innovation of the Year

    Eavor won Overall CleanTech Innovation of the Year at the 2026 CleanTech Breakthrough Awards.

  3. Jun 3, 2025Government

    Canada Growth Fund announces additional investment in Eavor

    The Canada Growth Fund announced up to C$138M in additional investment in Eavor, about C$89M at close with C$48M milestone-contingent.

Technology Focus

Company site: eavor.com

Terms the company uses about its own work.

Closed-loop geothermalEavor-LoopDispatchable baseload powerDistrict heatingMultilateral well drillingFracking-free geothermal

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