Green Therma and Tenaris have signed a Memorandum of Understanding (MoU) to establish a strategic collaboration to advance geothermal energy solutions through joint technical development and industrial capabilities. The collaboration brings together Green Therma’s proprietary Heat4Ever™ solution based on the patented DualVac™ pipe technology and Tenaris’s global expertise in tubular manufacturing, TenarisHydril premium connections and well services. Together, the parties will explore opportunities to support the development of next-generation closed-loop geothermal systems.
The collaboration reflects a shared ambition to contribute to the development of innovative geothermal technologies and strengthening European heat transition and industrial capabilities.
Jørgen Peter Rasmussen, CEO of Green Therma, says: “Scaling geothermal requires both strong technology and the right industrial partnerships. With Tenaris, we gain a partner with the capabilities and global reach needed to support the next phase of developing Heat4Ever™ as a competitive and scalable geothermal energy solution.”
Alessandro D’Angelo, Commercial VP Europe, Caspian Sea and Sub-Saharan Africa of Tenaris, adds: “This collaboration brings our TenarisHydril premium connections, dedicated services and technical expertise to a fast-emerging geothermal application, supporting the energy matrix. By combining innovation and strong cooperation, through a full European supply chain, we aim to reduce reliance on imported energy and strengthen Europe’s energy independence and resilience.”
We look forward to the collaboration that underscores a shared commitment to advancing locally produced, sustainable geothermal energy in Europe.