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Thursday, May 9, 2024

GreenFire Power Inc. Chosen for Launch Alaska Portfolio


GreenFire Power accomplished the eight-month Tech Deployment Monitor programme and constructed relationships with Alaska companions on potential tasks within the state. The Launch Alaska Portfolio consists of firms which are deploying climate-friendly power, business, and transportation applied sciences in Alaska and past. There at the moment are 41 portfolio firms primarily based in Alaska, throughout the US, and all over the world.

Sitting on the Pacific ‘Ring of Hearth’, Alaska is wealthy with geothermal assets, significantly within the southern volcanic areas, in addition to different regional sizzling spring areas. Alaska’s first geothermal energy plant at Chena Sizzling Spring generates 730 kW, however a lot of Alaska’s accessible geothermal assets haven’t but been developed. Given Alaska’s distinctive power market, there’s nice curiosity in additional improvement for each localised direct-use and electrical energy era.

Based in 2016, Launch Alaska is targeted on accelerating local weather tech deployment to decarbonise techniques of power, transportation, and business. The non-profit affords a tech deployment monitor, a deployment crew, and coverage and advocacy effort. The tech deployment monitor is an eight-month accelerator programme to assist firms forge partnerships to establish tasks. Profitable firms are then invited to affix the Launch Alaska Portfolio the place they obtain continued help and connections to venture alternatives in Alaska.

GreenFire Power has developed a flexible, closed-loop superior geothermal system (AGS) referred to as GreenLoopTM. The corporate’s skilled geothermal crew delivers GreenLoop options that guarantee the supply of resilient, sustainable, and scalable geothermal power for a variety of functions. The flexibility of GreenLoop know-how allows the creation of tailor-made options for geothermal operators and energy-intensive firms. GreenLoop options provide a secure and predictable price of power whereas offering a variable mixture of energy and direct use heating and cooling.

“Reasonably priced, dependable power options are key to creating thriving communities and a affluent Alaska economic system,” stated Isaac Vanderburg, Launch Alaska CEO. “We stay up for supporting GreenFire Power’s work in Alaska, and we’re ex-cited to see how GreenLoop know-how can profit Alaskans across the state.”

“GreenFire Power drastically appreciates the chance to progress by means of the Launch Alaska cleantech accelerator program. Via this program, we’ve made worthwhile connections and uncovered many new alternatives, and we stay up for pursuing a wide range of geothermal power tasks and deployments that may bene-fit the state of Alaska in any respect ranges,” added Randy Balik, Co-Founder, GreenFire Power Inc.

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