Simonas Valadkevicius, CEO of Lavastream

Lavastream is all about geothermal energy.

Today we work with Lithuanian and Polish municipalities, greenhouse companies and other industrial heat users who were planning their power infrastructure development based on biogas or biofuel. No matter what the regulations say, there are still emissions and deforestation involved when using biofuels. By presenting geothermal opportunities we transformed their outlook and currently we have a few projects in the pipeline together.

One of the projects is in Klaipeda, where with the first project we aim to provide up to 15% of heat demand of the thermal network, enabling the municipality to reduce usage of natural gas and biomass. Another project is with a top greenhouse company where all their new greenhouses will be 100% zero emissions by using geothermal energy.

About Lavastream

At Lavastream we develop geothermal power and heat power plants, as well as long-duration geopressured power storage facilities. Thus, we have three business units – zero emission heat, zero emission power, and power arbitrage. To make that happen, we aggregated geothermal energy production, drilling, and energy management technologies. Without Lavastream, top geothermal technology companies will struggle to scale. Lavastream is at the position to fundraise local capital, navigate institutional risks, identify areas with top geothermal potential, manage local stakeholders, and achieve more efficient and faster growth.

Contact::

Feel free to reach my by email at sv@lavastream.energy or on LinkedIn at https://www.linkedin.com/in/simonasval/.

About Green Success Stories

Green Success Stories is a media platform that highlights leaders in sustainability and climate tech. We feature and promote green case studies, leader profiles and a whole lot more.