The journey began in 2018, when our TCS Regional Office in Alberta and the Northwest Territories introduced the company to the CanExport funding program and began providing regular market intelligence, client connections and business leads.
In the Netherlands, our Trade Commissioners helped Eavor set up a local office and connected the company to government, provincial and industry contacts, while also linking Eavor to our Trade Commissioners in Germany, Italy, France and Turkey. In Italy, Trade Commissioners provided insights on geothermal projects, facilitated introductions to the national geothermal association, and helped Eavor gain visibility within the European Technology and Innovation Platform on Geothermal.
In Germany, our support began in 2018 with discussions about market opportunities and barriers, followed by detailed market intelligence, introductions to in-market qualified contacts and trade show support. By 2023, our TCS team was offering strategic guidance, facilitating introductions to utilities and research and development partners, and assisting the company with preparations for the inauguration of its geothermal project in Geretsried.
Alongside our support, several Canadian partners also played a vital role, including:
- Canada Growth Fund
- Natural Resources Canada’s Clean Growth Program
- Emissions Reduction Alberta
- Alberta Innovates
Together, these partners invested in the “Eavor-Lite” technology demonstration project, helping build the world’s first closed-loop geothermal system. These investments provided non-dilutive capital and helped de-risk the technology, attract European financing and accelerate international expansion.
Together, this support and the broader advantages of CETA gave Eavor the tools and connections needed to navigate Europe’s complex energy market, expand its network and grow internationally.