Terrapin Geothermics
Terrapin Geothermics is an Edmonton-based geothermal energy exploration and development company founded in 2016, focused on identifying and utilizing subsurface heat resources for clean power generation and heating applications across Canada.
- Company typePrivate
- Founded2016
- HeadquartersEdmonton, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
Terrapin Geothermics firmographics
Firmographics- Name
- Terrapin Geothermics
- Website
- https://terrapingeo.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Terrapin Geothermics is an Edmonton-based geothermal energy exploration and development company founded in 2016, focused on identifying and utilizing subsurface heat resources for clean power generation and heating applications across Canada.
- Ownership category
- akta.pro rank
Terrapin Geothermics industry classification
Industry- Product category
- Geothermal Energy Development
- NAICS
- Geophysical Surveying and Mapping Services (541360)
- SIC
- Oil & Gas Field Exploration Services (1382)
- akta.pro primary industry
- Geothermal Resource Exploration & Assessment (Geology, Geophysics, Geochemistry) (EUAMAEAA)
- akta.pro secondary industry
- Enhanced Geothermal Systems (EGS) & Advanced Geothermal (Closed-Loop, Superhot Rock) (EUAMAEAJ)
Keywords
Where Terrapin Geothermics is headquartered
LocationHeadquarters
- HQ city
- Edmonton
- HQ country
- Canada
- HQ region
- North America
Markets served
Terrapin Geothermics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Operations, Personnel
Terrapin Geothermics product offering
Product offeringCore offering
Terrapin Geothermics is a Canadian company focused on finding and utilizing heat (geothermal energy) to drive profitability. It specializes in geothermal energy exploration, development, and production for power generation and heating applications.
Differentiator
Problem solved
Functional benefit
Companies that use Terrapin Geothermics
Customer profileSegments1 record
Ideal customer profiles1 record
Terrapin Geothermics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Terrapin Geothermics partnerships and signals
Strategic signalScale indicators1 record
Terrapin Geothermics competitors and assessment
Company assessmentEmerging players
- AltaRock Energy: U.S. enhanced geothermal systems developer focused on EGS in volcanic regions. Closely comparable technology thesis (deep drilling, stimulation) and exploration-stage profile.
- Fervo Energy: U.S. developer of enhanced geothermal systems (EGS) using horizontal drilling and fracking techniques. Comparable technology approach and target customers (utilities seeking firm clean power).
- GreenFire Energy: Developer of Advanced Geothermal Systems (AGS) targeting existing oil & gas wells. Comparable in targeting redevelopment of legacy fossil assets for geothermal production.
Direct peers
- Cyrq Energy: Geothermal power producer with operating assets and active exploration programs in North America. Comparable as an exploration-and-production peer focused on baseload renewable power.
- Eavor Technologies: Calgary-based developer of closed-loop geothermal (Eavor-Loop) systems. Direct Canadian counterpart competing for the same Alberta resource plays and government funding pools.
- DEEP Earth Energy Production: Saskatchewan-based geothermal power developer pursuing deep conventional geothermal resources. Direct Canadian peer sharing government-funding and policy-advocacy channels.
Broad incumbents
- Ormat Technologies: Vertically integrated geothermal power equipment manufacturer and IPP operating global assets. Sets the benchmark for utility-scale geothermal and is a potential acquirer or partner.
- Enel Green Power: Global renewables IPP with significant geothermal generation in Latin America and exploratory projects elsewhere. Represents a strategic partner or competitor with deep project development capability.
Regional players
- Baseload Capital: Swedish investment firm dedicated to financing early-stage geothermal projects. Comparable as a capital provider in the same early-stage exploration niche, albeit focused on different geographies.
Others
- Saskatchewan Research Council (GeoEnergy): Crown corporation operating Canada's first geothermal power demonstration project and supporting Canadian geothermal R&D. Adjacent ecosystem participant and potential technology/services partner.
Market position
Customer concentration
Terrapin Geothermics social profiles
Digital presenceTerrapin Geothermics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Terrapin Geothermics leadership team
Management profileNumber of profiles
Profiles3 records
Terrapin Geothermics funding detail
Funding detailFunding overview
Funding rounds5 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Terrapin Geothermics M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Terrapin Geothermics
What does Terrapin Geothermics do?
Terrapin Geothermics is a Canadian company focused on finding and utilizing heat (geothermal energy) to drive profitability. It specializes in geothermal energy exploration, development, and production for power generation and heating applications.
When was Terrapin Geothermics founded?
Terrapin Geothermics was founded in 2016. It employs 1 to 10 people.
Where is Terrapin Geothermics based?
Terrapin Geothermics is headquartered in Edmonton, Canada, in the North America region.
Who are Terrapin Geothermics's main competitors?
Emerging players on record are AltaRock Energy, Fervo Energy and GreenFire Energy. Direct peers are Cyrq Energy, Eavor Technologies and DEEP Earth Energy Production. Broad incumbents are Ormat Technologies and Enel Green Power. Baseload Capital is listed as a regional player. Saskatchewan Research Council (GeoEnergy) is listed as an others.
Does Terrapin Geothermics have an API?
No public API is recorded for Terrapin Geothermics.
What industry is Terrapin Geothermics in?
Terrapin Geothermics's product category is Geothermal Energy Development. Its primary akta.pro industry code is EUAMAEAA, Geothermal Resource Exploration & Assessment (Geology, Geophysics, Geochemistry), with a secondary code of EUAMAEAJ, Enhanced Geothermal Systems (EGS) & Advanced Geothermal (Closed-Loop, Superhot Rock). Its NAICS code is 541360 and its SIC code is 1382.