GreenFire Energy Inc. to provide its GreenFire’s GreenLoop™ Technology to the California DAC Hub DAC+S Solution SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. today announced that the California Direct Air Capture (DAC) Hub has been awarded $11.8 million in funding from the U.S. Department of Energy (DOE) under its Regional DAC Hubs Initiative related to the proposed development of California’s first full-scale DAC plus storage (DAC+S) network of regional hubs. Carbon TerraVault Holdings, LLC (CTV), a subsidiary of California Resources Corporation (NYSE:CRC), had assembled a consortium of organizations to pursue the DOE funding. GreenFire Energy Inc. is a member of the […]

GreenFire Energy and CPC Corporation to Work Together to Develop Geothermal Projects in Taiwan SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. and CPC Corporation, Taiwan (“CPC”), have signed a memorandum of understanding (MOU) to work together to develop geothermal projects in Taiwan. This agreement enables both companies to collaborate on future geothermal projects and further Taiwan’s progress towards its Net Zero Emission 2050 goal. The MOU was signed at the Taiwan International Geothermal Conference in Taipei, Taiwan. CPC is Taiwan’s state-owned petroleum company. It is implementing the government’s energy transition policy and actively promoting geothermal power generation. CPC has extensive exploration […]