Green Therma and Tenaris Sign MoU to Jointly Advance Closed-Loop Geothermal Systems
2026-05-12 14:27
Favorite

en.Wedoany.com Reported - Geothermal technology solutions company Green Therma and pipe solutions supplier Tenaris have signed a Memorandum of Understanding to establish a strategic collaboration, advancing geothermal energy solutions through joint technology development and industrial capabilities.

The partnership brings together Green Therma's proprietary Heat4Ever™ solution, based on patented DualVac™ pipe technology, and Tenaris's global experience in pipe manufacturing, TenarisHydril premium connections, and wellbore services. Together, they will explore opportunities to support the development of next-generation closed-loop geothermal systems.

This collaboration reflects a shared vision to drive innovative geothermal technology and strengthen Europe's heating transition and industrial capabilities.

Green Therma CEO Jørgen Peter Rasmussen stated: "Scaling geothermal energy requires both robust technology and the right industrial partners. By collaborating with Tenaris, we gain a partner with the capabilities and global reach needed to support the next phase of Heat4Ever™ development, making it a competitive and scalable geothermal energy solution."

Green Therma also recently signed a Letter of Intent to evaluate the feasibility of deploying a closed-loop geothermal heating solution in the Ruppertiwinkel region of Bavaria, Germany.

Tenaris Commercial Vice President for Europe, Caspian & Sub-Saharan Africa, Alessandro D’Angelo, stated: "This collaboration brings our TenarisHydril premium connections, dedicated services, and technical expertise into this rapidly emerging geothermal application area, supporting energy mix optimization. By combining innovation with close cooperation, backed by a complete European supply chain, we aim to reduce dependence on imported energy and enhance Europe's energy independence and resilience."

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com