Part 4/10:
Among the forefront players in the geothermal sector is Eavor, a Canadian company with plans to construct its first commercial geothermal power plant in Bavaria, Germany, by 2026. Eavor’s strategy involves a unique approach they call the "Eavor-Loop," which allows them to drill multiple lateral wells from a single vertical "mother well." This closed-loop system can extract heat from dry rocks instead of relying on hot water reservoirs, representing a significant shift in geothermal technology.