GreenFire Energy has developed a versatile, closed-loop advanced geothermal system (AGS) called GreenLoop. The company’s expert geothermal team delivers GreenLoop solutions that assure the availability of resilient, sustainable, and scalable geothermal energy for a wide range of applications. The versatility of Green-Loop technology enables the creation of tailored solutions for geothermal operators and energy-intensive companies. GreenLoop solutions offer a stable and predictable cost of energy while providing a variable mix of power and direct use heating and cooling.
Stoic Transitional Resources Inc. brings its Flux Crossover technology and geothermal expertise to the partnership. Flux Crossover can be combined with the GreenLoop technology to enhance performance by optimising flow patterns, minimising parasitic heat loss, and doubling heat transfer efficiency. Stoic will also provide access to vital geothermal resources in Canada and New Zealand.
“Our commitment extends beyond innovation to fostering sustainable partnerships and empowering communities. Stoic's pioneering approach to clean energy aligns perfectly with our mission,” remarked Joe Tarrant, Co-Founder and Chief Commercial Officer of Stoic, “emphasising the value proposition for data centre customers.”
“We are pleased to be collaborating with Stoic Transitional Resources. GreenFire Energy’s technology has the capability to economically repurpose idle geothermal wells and expand implementations in geothermal fields. Collaborating with Stoic’s technology will enhance performance and broaden GreenFire Energy’s solutions,” said Steven Brown, President, GreenFire Energy Inc.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Spring 2024 issue
The Spring 2024 issue of Energy Global starts with a guest comment from Field on how battery storage sites can serve as a viable solution to curtailed energy, before moving on to a regional report from Théodore Reed-Martin, Editorial Assistant, Energy Global, looking at the state of renewables in Europe. This issue also hosts an array of technical articles on electrical infrastructure, turbine and blade monitoring, battery storage technology, coatings, and more.
