Dios Energy’s Nigel Coates Brings Country Expertise in Renewable Energy Projects SAN FRANSCISCO, CALIFORNIA GreenFire Energy Inc. today announced that it has entered in an agreement with Dios Energy, a renewable energy advisory firm, whereby Dios Energy will act as a local partner for Japan. Dios Energy will develop and support geothermal projects in Japan exclusively on behalf of GreenFire Energy. Japan has the world’s third largest geothermal reserves behind the U.S. and Indonesia with an installed geothermal power generation capacity of about 600 MW.1 The Japanese central government is currently driving geothermal development by relaxing regulations as part of […]
Press Releases
GreenFire Energy Inc. Wins the PIVOT2021 Geothermal Reimagined, New Venture Competition
SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. today announced that it has won PIVOT2021’s New Venture Competition. PIVOT2021 Geothermal Reimagined is a virtual conference series aimed to push geothermal development into exponential global growth. It is widely attended by the oil and gas and geothermal industries, and investors who are together building the future of geothermal energy. PIVOT2021 is organized by the Geothermal Entrepreneurship Organization (GEO), from The University of Texas at Austin. The event is being held virtually July 19-23, 2021, with 165 experts and thought leaders from around the world speaking on panels. The PIVOT2021 Geothermal Reimagined, New Venture […]
Andrew Van Horn Ph.D., GreenFire Energy Inc., Presents “The GreenLoop: Geothermal Energy” at the 2021 Virtual Wall Street Green Summit
SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. today announced that Andrew Van Horn Ph.D., director of applied research and advisory board member, will be presenting “The GreenLoop: Geothermal Energy” at the 2021 Virtual Wall Street Green Summit on April 30, 2021. The conference is the “one-stop shop” to come up to speed on the latest developments in green innovation and finance. Andy’s presentation will cover future roles for geothermal energy and worldwide markets for innovative Closed-Loop Geothermal (CLG) technologies. Applications include the retrofit of underproducing geothermal and oil and gas wells, CLG power production from hot dry rock (which does not […]
GreenFire Energy Inc. and Mitsui Oil Exploration Co., Ltd. Enter Agreement to Perform a Technoeconomic Assessment of a Geothermal Resource
SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. and the Mitsui Oil Exploration Co., Ltd. (MOECO) today announced that they have entered an agreement for GreenFire Energy to design and assist MOECO in performing a demonstration and testing of one of GreenFire Energy’s closed-loop geothermal solutions at a geothermal resource in Japan. The goals are to demonstrate substantial heat recovery from an exploratory well which has already been drilled but cannot be produced by conventional geothermal technology and to assess the technoeconomic feasibility of developing the resource with new technology to create a large-scale geothermal power production facility. MOECO is an oil […]
GreenFire Energy Inc., EDC Collaborate to Generate Power from Idle Geothermal Well
SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. today announced that it has entered into an agreement with world geothermal leader Energy Development Corporation (EDC) to perform a commercial retrofit that will restore and generate steam from an idle geothermal well in its Mahanagdong geothermal facility located in Leyte, Philippines. The idle geothermal well has not been usable due to the high level of non-condensable gases produced from the well when flowing. The heat mining system will correct this and meet its surface system pressure requirements once it is installed and commissioned in 4Q 2021. The data and experience gathered with the […]
GreenFire Energy Inc. Appoints Marc Stuart, Founding Managing Partner, Allotrope Partners to Advisory Board
Stuart Brings Expertise in Renewable Energy Projects in Southeast Asia SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. today announced the appointment of Marc Stuart, founding managing partner, Allotrope Partners, to its Advisory Board. Allotrope Partners is an internationally focused clean energy advisory firm with expertise in project development, public-private initiatives, renewable energy credits and strategic investment in clean energy projects. The firm has deep expertise in Southeast Asia and is engaged in renewable energy deployment in the Philippines, Indonesia, Singapore, and Vietnam. Allotrope Partners jointly leads the Clean Energy Investment Accelerator (CEIA) which is a public-private initiative to advance the policy […]
GreenFire Energy and Semesta Energi Services Enter Agreement for Geothermal Business in Indonesia
SAN FRANCISCO, CALIFORNIA GreenFire Energy Inc. and Semesta Energi Services today announced that they entered an agreement where Semesta will act as a local partner in Indonesia. Semesta will secure and service business for specific accounts in Indonesia on behalf of GreenFire Energy. Indonesia has one of the world’s largest geothermal resources with the potential of 23,965 MW. The country has a strong commitment to increase geothermal installations from 2,130 MW today to 8,008 MW by 2030.1 Energy companies are actively investing in geothermal projects and searching for technology to increase access and production of geothermal power. Based in South […]
GreenFire Energy Wins Award from the U.S. Department of Energy’s American-Made Challenge for Geothermal Manufacturing
EMERYVILLE, CALIFORNIA GreenFire Energy Inc. today announced that it is one of the winners of the U.S. Department of Energy’s American-Made Geothermal Manufacturing Prize. The award was made at the Geothermal Resource Council’s 2020 Virtual Annual Meeting & Expo. GreenFire Energy’s submission, “Innovation: Expanding Geothermal Energy Solutions,” proposes the development of a thermal-drive pump using applied manufacturing techniques. The innovation will reduce electric power consumption in many large-scale pumping applications. The Geothermal Prize award provides funding in recognition of the initial innovation and provides incentives for further product development. Moving large volumes of fluid in onshore and offshore oil fields, […]
GreenFire Energy Listed in Lux Research, Energy’s 2020 Mid-Term Update: The Best Tech Startups & Ground Breaking Developments
EMERYVILLE, CA GreenFire Energy Inc. today announced that it has been listed in Lux Research, Energy’s 2020 Midterm Update: The Best Tech Startups & Ground Breaking Developments blog by Yuan-Sheng Yu, Senior Analyst, Lux Research. The blog identified top energy companies with a positive rating thus far this year, and GreenFire Energy was in the Thermal Power Generation category. According to the blog the list represents “which companies rose to the top during an event-filled 2019 in the energy transition.” GreenFire Energy completed the world’s first field-scale demonstration of closed-loop geothermal energy production in 2019. The demonstration was performed using […]
Electric Power Research Institute and GreenFire Energy Enter Into an Agreement to Assess Geothermal Potential
EMERYVILLE, CA GreenFire Energy Inc. today announced that it has entered an agreement with the Electric Power Research Institute (EPRI) to evaluate a wide range of geothermal resources and assess the techno-economic feasibility of GreenFire Energy’s closed-loop technology for an interested EPRI member utility. EPRI participated in GreenFire Energy’s first field-scale demonstration of closed-loop geothermal technology and this agreement is the next step in assessing the potential for the technology in the member utility’s region. GreenFire Energy GreenLoop™ is an advanced, closed-loop geothermal energy system that generates power from geothermal resources where conventional geothermal systems cannot operate due to […]