Geothermal startups get another boost

Geothermal startups get another boost from Chevron as the oil giant backs a geothermal project developer. Image Credits: Universal Images Group / Getty Images The U.S.-based oil major Chevron is doubling down on its investment in geothermal power by investing in a Swedish developer of low-temperature geothermal and heat power projects called Baseload Capital. Oil companies are under […]

Baseload Capital closes equity round

Baseload Capital closes equity round of $25 million with Chevron as new strategic investor. Baseload Capital, the Swedish company specialized in funding the deployment of heat power worldwide, announces the successful close of a $25 million funding round with Chevron Technology Ventures as a new strategic investor. As an initial outcome of the alliance, Chevron Technical Center and Baseload Capital have already signed a letter of intent to […]