CHUEF - Chubu Electric Power acquires strategic stake in Eavor Rechnologies
- Eavor Technologies has announced that Chubu Electric Power ( OTCPK:CHUEF ) has entered an agreement to make a direct investment in Eavor and support the commercialization of Eavor-Loop™ technology.
- CHUBU’s presence and influence will be of paramount importance as Eavor completes first projects and enters its global commercialization phase.
- “A technology such as this is a true game-changer and represents a potential transformation to the world’s energy stack, addresses climate change as well as energy autonomy and independence issues simultaneously." said Hiroki Sato, Senior Executive Managing Officer at CHUBU.
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Chubu Electric Power acquires strategic stake in Eavor Rechnologies