Calgary-based clean energy startup Eavor Technologies has successfully secured $182 million in financing to expedite the development and deployment of its geothermal energy technology. Eavor’s flagship product, Eavor-Loop, offers an innovative, closed-loop system that circulates a benign working fluid through underground passages, creating continuous heat exchange to harness Earth’s natural heat. This approach generates electrical power, making it distinct from traditional thermal exchange systems. The funding will help Eavor advance its technology, which has the potential to provide consistent, renewable energy without the intermittency of sources like solar and wind. OMV AG led the equity round, joined by investors including Canada Growth Fund (CGF), Japan Energy Fund, Monaco Asset Management, and Microsoft’s Climate Innovation Fund, as well as existing supporters such as BDC, bp Ventures, Eversource Energy, Temasek, and Vickers Venture Partners. Chubu Electric Power Co., Inc. also converted their debentures in support of the initiative.
, an independent military force, and allied militias in Sudan raped several dozen women and girls in West Darfur’s capital, El Geneina, and those fleeing to Chad between late April and late June 2023, Human Rights Watch said today. The assailants appear to have targeted people because of their Massalit ethnicity and, in some cases, because they were known activists.){kind=link}
