The Canadian government is providing CAD6.7m ($5m) to Eavor Technologies to support the development of a closed-loop geothermal system, which can generate energy from the Earth's natural heat. The funding forms part of the government's investment in the research and development of new renewable energy technologies. Natural Resources Canada's Clean Growth Program and Sustainable Development Technology Canada will provide the funding, which will be used to build a demonstration project in Canada.
The Canadian government is providing CAD6.7m ($5m) to Eavor Technologies to support the development of a closed-loop geothermal system, which can generate energy from the Earth's natural heat. The funding forms part of the government's investment in the research and development of new renewable energy technologies. Natural Resources Canada's Clean Growth Program and Sustainable Development Technology Canada will provide the funding, which will be used to build a demonstration project in Alberta.