GreenFire Vitality joins the checklist of portfolio firms of Launch Alaska, a neighborhood nonprofit that goals to catalyze Alaska’s clear vitality financial system.
Greenfire Vitality has been chosen for the Launch Alaska Portfolio, becoming a member of a bunch of 41 firms which might be deploying climate-friendly vitality, trade, and transportation applied sciences in Alaska and past. This comes after GreenFire Vitality finishing the eight-month Tech Deployment Monitor program and constructing relationships with Alaska companions on potential tasks within the state.
Based in 2016, Launch Alaska is an Anchorage-based nonprofit centered on accelerating local weather tech deployment to decarbonize techniques of vitality, transportation, and trade. The non-profit presents a Tech Deployment Monitor, a Deployment Staff, and coverage and advocacy effort. By connecting local weather tech firms, Launch Alaska goals to catalyze Alaska’s clear vitality financial system.
The Tech Deployment Monitor is an eight-month accelerator program to assist firms forge partnerships to establish tasks. Profitable firms are then invited to hitch the Launch Alaska Portfolio the place they obtain continued help and connections to mission alternatives in Alaska.
GreenFire Vitality is aiming to develop geothermal vitality tasks in Alaska primarily by deploying the GreenLoop know-how. It is a versatile, closed-loop Superior Geothermal System (AGS) know-how that allows the creation of tailor-made options for geothermal operators and energy-intensive firms. GreenLoop options provide a secure and predictable value of vitality whereas offering a helpful mixture of energy and direct use heating and cooling.
Sitting on the Pacific “Ring of Fireplace,” Alaska is wealthy with geothermal sources, significantly within the southern volcanic areas in addition to different regional scorching spring areas. Alaska’s first geothermal energy plant at Chena Scorching Spring generates 730 kW, however a lot of Alaska’s accessible geothermal sources haven’t but been developed. Given Alaska’s distinctive vitality market, there’s nice curiosity in additional growth for each localized direct-use and electrical energy era.
“Inexpensive, dependable vitality options are key to creating thriving communities and a affluent Alaska financial system,” mentioned Isaac Vanderburg, Launch Alaska CEO. “We stay up for supporting GreenFire Vitality’s work in Alaska, and we’re excited to see how GreenLoop know-how can profit Alaskans across the state.”
“GreenFire Vitality significantly appreciates the chance to progress by way of the Launch Alaska cleantech accelerator program. By this program, we’ve made helpful connections and uncovered many new alternatives, and we stay up for pursuing a wide range of geothermal vitality tasks and deployments that can profit the state of Alaska in any respect ranges,” mentioned Randy Balik, Co-Founder, GreenFire Vitality Inc.
Supply: Electronic mail correspondence
