Press Releases

Geothermal Resources Council Bulletin, March/April 2019

EMERYVILLE, CA One of only 10 clean tech startups selected globally, GreenFire Energy, will present its “ECO2G™” closed loop geothermal power production technology to a forum of international investors and other cleantech industry stakeholders. GreenFire Energy Inc. has been selected to present its proprietary ECO2G technology to investors and industry representatives at the 2019 Emerging Markets Day (EMD), May 8, in Denver. Emerging Markets Day, hosted by the U.S. Department of Energy’s National Renewable Energy Laboratory, brings together cleantech entrepreneurs and industry experts to discuss the most promising cleantech solutions to the pressing energy challenges faced by emerging economies.  GreenFire […]

EMERYVILLE, CA GreenFire Energy Inc. today announced that Electric Power Development Company, Ltd. (J-Power Company), a utility company in Japan, and the Electric Power Research Institute (EPRI) will participate in GreenFire’s demonstration of a closed-loop geothermal power generation system. J-Power Company will have project observation and information rights. This project is the first implementation of GreenFire Energy Inc.’s innovative ECO2G™ closed-loop geothermal technology and will demonstrate the ability to produce power from a currently inactive well in the Coso, California geothermal field.  The success of ECO2G could enable geothermal project owners to generate power from idle or marginal wells at […]

EMERYVILLE, CA Plug and Play and GreenFire Energy Inc. announced today that GreenFire Energy Inc. has been accepted into Plug and Play’s Energy & Sustainability Program Batch 2. Twenty-four startups were selected for the Energy & Sustainability Program, part of the total 156 startups selected across 8 industry and technology cohorts in the Summer 2018 Batches. The acceptance rate across all programs was less than 2%. Plug and Play’s three-month program focuses on business development, giving companies the opportunity to engage with corporate partners to secure pilots, Proof of Concepts (POCs), and investments. There are over 220 corporate partners in […]

EMERYVILLE, CA World’s first demonstration of closed-loop geothermal power generation  GreenFire Energy Inc. today announced that the Shell GameChanger™ program has agreed to provide financial support for GreenFire’s demonstration of closed-loop geothermal power generation at a currently inactive well in the Coso California geothermal field. GreenFire Energy Inc.’s innovative ECO2G™ geothermal well retrofit technology will enable geothermal project owners to generate power from idle or marginal wells at low risk and attractive cost per MWh.  Success in geothermal well retrofits will eventually enable GreenFire to develop large-scale ECO2G projects in other locations. ECO2G technology harnesses recent advances in deep and […]

EMERYVILLE, CA Grant Will Fund the World’s First Demonstration of Closed-Loop Geothermal Power Generation Using Supercritical Carbon Dioxide Instead of Water GreenFire Energy Inc. today announced that it has been selected for a grant award from the California Energy Commission to build the world’s first demonstration of closed-loop geothermal power generation using supercritical carbon dioxide (sCO2) instead of water. GreenFire Energy Inc.’s geothermal power generation process could enable thousands of megawatts of new carbon-free power plants in California and other markets. The proposed $1.48 million grant from the Energy Commission’s Geothermal Grant and Loan Program will be considered for approval […]

EMERYVILLE, CA Joseph Osha, Formerly with Bank of America Merrill Lynch and Gravity Renewables is Appointed GreenFire Energy, Inc. today announced the appointment of Joseph Osha to its Advisory Board. Joe is a Managing Director and the senior analyst in charge of alternative energy and energy technology equity research at JMP Group. JMP is an investment banking and asset management firm based in San Francisco, CA. Joe was an early member of the GreenFire Energy management team and held the role of Chief Financial Officer for one year, prior to joining JMP Group. He oversaw the company’s financing, accounting and […]

EMERYVILLE, CA Justin Raade Ph.D. from Massachusetts Institute of Technology and U.C. Berkeley is Appointed GreenFire Energy Inc. today announced the appointment of Justin Raade Ph.D. to its Advisory Board. Dr. Raade is an experienced executive in solar power, energy storage, and waste heat recovery. As the VP of Engineering at Sunvapor, Inc. and President of his own consulting practice, Justin Raade Energy Consulting, he focuses on commercializing high impact, renewable energy technologies. Dr. Raade has 15 years of experience in concentrating solar power, energy storage and waste heat recovery. Dr. Raade’s business strategy and management skills have been honed […]

EMERYVILLE, CA Partnership To Develop Strategic Relationships and Meet the Demand for Environmentally Friendly Geothermal Power GreenFire Energy Inc., and Joy International LLC, today announced a representation agreement to develop strategic relationships with Japanese companies for ECO2G™ geothermal power generation projects in Japan and Southeast Asia. GreenFire Energy’s proprietary ECO2G technology brings a dramatically improved approach to geothermal power generation to meet the demand for environmentally friendly power. ECO2G was developed in conjunction with several U.S. national laboratories. Japan has the world’s third largest geothermal reserves behind the U.S. and Indonesia1. Geothermal power generation had traditionally been hindered by the […]

EMERYVILLE, CA Daniel Moos Ph.D., Expert in Geomechanics and Reservoir Management, Nic Nickels, Geothermal Drilling Expert and Scott Paterson Ph.D., University of Southern California Professor in the Department of Earth Sciences join the GreenFire Energy Team GreenFire Energy Inc. today announced the appointments of Daniel Moos Ph.D., David “Nic” Nickels and Scott Paterson Ph.D. to its Advisory Board. Dr. Moos is an expert in geomechanics and reservoir management and founded the Baker Hughes Palo Alto Innovation Center. Nic Nickels is one of the geothermal industry’s most experienced drilling experts and most recently served as the Director of Global Geothermal Operations […]