Big oil companies invests in startup that drills for clean energy
Big oil companies invests in startup that drills for clean energy P and Chevron, new investors in Eavor Technologies Inc. include Temasek Holdings Pte Ltd, BDC Capital Corp, Eversource and Vickers Venture Partners. (AFP)Premium Eavor Technologies plans to expand geothermal power beyond places like Iceland that have volcanic conditions Share Via Read Full Story Companies including the venture arms of BP Plc and Chevron Corp. invested $40 million in a startup that aims to use the fossil fuel industry’s drilling experience to expand a technology that harvests low-carbon energy from heat below...
Source: livemint.com