Chat with us, powered by LiveChat
  • About
  • Terms of Use
  • Privacy & Policy
  • Cookie policy
  • “[email protected]”.
USTechTimes, Magazine & Review WordPress Theme 2017
  • Home
  • topics
    • All
    • AgTech
    • AI
    • Analytics
    • AR/VR
    • Biotech
    • Blockchain
    • Cars / autonomous vehicles
    • Clean tech / environment
    • Cloud infrastructure
    • Cryptocurrency
    • Data services
    • Developer tools
    • E-commerce
    • Education
    • Energy tech
    • Enterprise
    • Entertainment & sports
    • Security
    Sunstone Credit secures $20 million in Series A funding round

    Sunstone Credit secures $20 million in Series A funding round

    New-York based Impel secures $104 million in growth funding

    New-York based Impel secures $104 million in growth funding

    Metagenomi bags an extra $100 million before closing its Series B

    Metagenomi bags an extra $100 million before closing its Series B

    Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

    Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

    Trending Tags

      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Consumer health & fitness
      • Consumer products
      • Cryptocurrency
      • Data services
      • Developer tools
      • Distributed workforce
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Fashion
      • Fintech
      • Food and beverage
      • Games
      • Gaming/eSports
      • Govtech
      • Hardware
      • Health & hospital services
      • Health IT
      • Human capital
      • Impact
      • Insurance
      • IoT
      • Local commerce
      • Lodging/hospitality
      • Logistics
      • Manufacturing
      • Marketing automation
      • Marketplaces
      • Material science
      • Media/content
      • Medical devices
      • Messaging
      • Network infrastructure
      • Parenting/families
      • Payments
      • Pharmaceuticals
      • Real estate/proptech
      • Retail
      • Robotics
      • SaaS
      • Sales and CRM
      • Security
      • SMB software
      • Social commerce
      • Social mobile
      • Space
      • Gaming/eSports
      • Travel
      • Games
    • Interview
    • Venture Capital
    No Result
    View All Result
    • Home
    • topics
      • All
      • AgTech
      • AI
      • Analytics
      • AR/VR
      • Biotech
      • Blockchain
      • Cars / autonomous vehicles
      • Clean tech / environment
      • Cloud infrastructure
      • Cryptocurrency
      • Data services
      • Developer tools
      • E-commerce
      • Education
      • Energy tech
      • Enterprise
      • Entertainment & sports
      • Security
      Sunstone Credit secures $20 million in Series A funding round

      Sunstone Credit secures $20 million in Series A funding round

      New-York based Impel secures $104 million in growth funding

      New-York based Impel secures $104 million in growth funding

      Metagenomi bags an extra $100 million before closing its Series B

      Metagenomi bags an extra $100 million before closing its Series B

      Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

      Aspen Neuroscience sign $40 million debt deal with Silicon Valley Bank

      Trending Tags

        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital
      No Result
      View All Result
      USTechTimes - Leading Startup and Technology News in the United States
      No Result
      View All Result
      Home topics Clean tech / environment

      GreenFire Energy secures funding from French multinational company Vallourec

       255 total views,  2 views today

      USTechTimes Editor by USTechTimes Editor
      May 5, 2022
      GreenFire Energy secures funding from French multinational company Vallourec

      Photo Credit: Sound Ideas Media provided courtesy of Calpine Corporation.

      Share on FacebookShare on Twitter

      San Francisco, California-based startup GreenFire Energy Inc. which develops and deploys innovative technology to unlock the source of continuous renewable energy, has secured an investment from French multinational company Vallourec.

      Vallourec supplies equipment that is required for harvesting closed-loop geothermal energy. The transaction comes as part of Series A funding. On March 1, 2022, Baker Huges and Helmerich invested in GreenFire Energy in its Series A funding.

      “Through this investment in GreenFire Energy, Vallourec demonstrates its ambition to be a long-term player in the energy transition to prepare for the future,” said Philippe Guillemot, Chairman of the Board of Directors and Chief Executive Officer, in a press statement released by the company.

      The symbiotic partnership for promoting sustainable energy solution

      Vallourec has developed a patented technology, THERMOCASE ®, a vacuum insulated tube. The tubes can endure the harshest of conditions and is a crucial enabler for harnessing closed-loop geothermal energy from deep below the surface of Earth.

      GreenFire Energy, which develops and implements innovative geothermal technology to accelerate the world’s transition to clean, continuous renewable energy, will gain from this partnership. Vallourec will design and manufacture solutions for their downhole heat exchanger to use geothermal energy for commercial purposes.

      According to the press release by Vallourec, “Geothermal energy is expected to play a major role in the energy transition and the decarbonization of our economies, as it is the only renewable source that can always be “on,” provide low carbon and versatile energy. While conventional systems rely on exploiting geothermal resources in particular areas, Advanced Geothermal Systems – such as the one developed by GreenFire Energy – could unlock the possibility of producing energy virtually anywhere.”

      “Innovation is in Vallourec’s DNA and is one of the key levers to accelerate our transformation. We are proud to support GreenFire Energy’s efforts to develop these innovative closed-loop geothermal technologies. Customer focus is also of the utmost importance for us. By working alongside Baker Hughes and Helmerich & Payne, we will have the opportunity to refine our solutions further to meet the challenges of geothermal operators.”

      GreenFire Energy’s SDGL technology has been awarded $2.7 million

      GreenFire Energy Inc. has bagged more than $2.7 million from the California Energy Commission (CEC). The fund will be used to install steam-dominated GreenLoop (SDGL) technology at The Geysers geothermal field in California to harness the energy from the superheated steam to generate power.

      The new-energy startup will work with various other companies to finalize the agreement. It will also host a demonstration at its facility in The Geysers, USA.

      Geysers are the world’s largest geothermal field that mainly produces superheated steam. The current project will show how GreeFire Energy’s SDGL technology will harvest power economically and sustainably without adversely impacting the geothermal reservoir’s capacity.

      What’s your thoughts?
      +1
      0
      Upvote
      +1
      0
      Clap
      +1
      0
      Clap
      +1
      0
      On fire
      +1
      0
      Meh
      +1
      0
      Clap
      +1
      0
      Facebook Twitter Email

      Related Posts

      • Fabless semiconductor company Astera Labs raises $50M in Series-C Funding at a $950M Valuation

        Astera Labs, a fabless semiconductor company headquartered in Silicon Valley, announced on September 27, 2021,…

      • Hospitality robot startup Bear Robotics secures $81 million in fresh funding

        US-based innovator of hospitality robotics, Bear Robotics, announced on March 16 that it had secured…

      • OneDine
        Restaurant Tech OneDine Grabs $5m in Funding

        Dallas-area startup OneDine has secured a new round of investment of US$5 million to handle…

      Tags: Californiagreen energyinvestment
      USTechTimes Editor

      USTechTimes Editor

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      Related Posts

      Sunstone Credit secures $20 million in Series A funding round
      Clean tech / environment

      Sunstone Credit secures $20 million in Series A funding round

      February 1, 2023
      Energy-as-a-Service startup Redaptive secures $200 million from CPP
      Clean tech / environment

      Energy-as-a-Service startup Redaptive secures $200 million from CPP

      December 27, 2022
      Group 14 technologies bags additional $214 million in its Series C funding
      Clean tech / environment

      Group 14 technologies bags additional $214 million in its Series C funding

      December 20, 2022
      Swell Energy secures $120 million to expand its virtual power plant program
      Clean tech / environment

      Swell Energy secures $120 million to expand its virtual power plant program

      November 29, 2022
      Next gen solar foundation providers Ojjo raises $40 million in its Series C
      Clean tech / environment

      Next gen solar foundation providers Ojjo raises $40 million in its Series C

      September 22, 2022
      EV charging infrastructure provider startup TeraWatt bags $1 billion
      Cars / autonomous vehicles

      EV charging infrastructure provider startup TeraWatt bags $1 billion

      September 21, 2022
      No Result
      View All Result

      Follow Us

      FREE NEWSLETTER

       

      PRODUCTS

      USTechTimes – Leading Startup and Technology News in the United States

      USTechTimes.com is an independent new media site that focuses on the latest technology and digital news in the United States and around the world. The site focuses on new startup launching, startup funding, and development in the startup space.

      More from our network


      • ktd

      • atd

      • itd

      • ktt

      • kgd

      • kpp

      • ktp

      • kpoppost

      • ustechtimes

      Categories

      • Accelerator
      • Animation
      • Apple
      • Applications
      • Artificial Intelligence
      • Advertising
      • AgTech
      • AI
      • Analytics
      • AR/VR

      Tags

      Artificial Intelligence Fintech investment AI Health Technology Robotics Healthtech Software funding US startup
      • About
      • Terms of Use
      • Privacy & Policy
      • Cookie policy
      • “press@ustechtimes.com”.

      © 2023 ustechtimes.com

      No Result
      View All Result
      • Home
      • topics
        • Advertising
        • AgTech
        • AI
        • Analytics
        • AR/VR
        • Biotech
        • Blockchain
        • Cars / autonomous vehicles
        • Clean tech / environment
        • Cloud infrastructure
        • Consumer health & fitness
        • Consumer products
        • Cryptocurrency
        • Data services
        • Developer tools
        • Distributed workforce
        • E-commerce
        • Education
        • Energy tech
        • Enterprise
        • Entertainment & sports
        • Fashion
        • Fintech
        • Food and beverage
        • Games
        • Gaming/eSports
        • Govtech
        • Hardware
        • Health & hospital services
        • Health IT
        • Human capital
        • Impact
        • Insurance
        • IoT
        • Local commerce
        • Lodging/hospitality
        • Logistics
        • Manufacturing
        • Marketing automation
        • Marketplaces
        • Material science
        • Media/content
        • Medical devices
        • Messaging
        • Network infrastructure
        • Parenting/families
        • Payments
        • Pharmaceuticals
        • Real estate/proptech
        • Retail
        • Robotics
        • SaaS
        • Sales and CRM
        • Security
        • SMB software
        • Social commerce
        • Social mobile
        • Space
        • Gaming/eSports
        • Travel
        • Games
      • Interview
      • Venture Capital

      © 2023 ustechtimes.com