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Cooperation Agreement signed With Sonoma For Eavor-Loop™ in Northern California

28/03/2023

Eavor Technologies today announced the signing of a cooperation agreement with Sonoma Clean Power for the development of up to 200 MWe of new geothermal through the GeoZone initiative in Sonoma and Mendocino Counties, California.

The Geothermal Opportunity Zone (“GeoZone”) creates a public-private partnership for local geothermal development. Sonoma Clean Power then contracts for power generated with selected private partners who provide the technology and capital to enhance geothermal capacity in the Northern California region. The GeoZone provides a sustainable and affordable source of reliable clean energy.

Sonoma Clean Power initiated the GeoZone, with three main objectives:

  1. Develop a geothermal resource with minimal water use
  2. Develop a geothermal resource compatible with community values, including land use
  3. Develop a solution that is scalable and cost-competitive

In March 2023, the Sonoma Clean Power Board of Directors unanimously voted to enter into a cooperation agreement with Eavor to develop geothermal resources in the GeoZone utilizing Eavor’s closed-loop technology.

Neil Ethier, VP, Business Development at Eavor, stated, 
“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.”

Ryan Tracey, Director of Planning and Analytics at Sonoma Clean Power said, 
“In Northern California, we see the challenge of meeting an energy demand in the coming years during the winter months, when the sun isn’t shining, and the wind isn’t blowing for long periods of time. Eavor’s technology can meet this critical need.”

This agreement is the first entered into by Eavor in the California market. Eavor has begun evaluating the opportunity and sees the potential to help meet this critical energy need to satisfy the more stringent portfolio standards set out by the California Public Utilities Commission.

“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.

John Redfern, President and CEO at Eavor stated, 
“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.”

KeyFacts Energy Industry Directory: Eavor   l   KeyFacts Energy: Geothermal news

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