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Press Release

Geothermic Solution Welcomes Hans-Christian Freitag as Senior Vice President of Business Development

Published by Todd Bush on October 26, 2022

October 25, 2022 01:00 PM Eastern Daylight Time PALO ALTO, Calif.--(BUSINESS WIRE)--Geothermic Solution, Inc. (GSL), a leader in environmentally-friendly geothermal-harnessing technology, has named Hans-Christian Freitag its new Senior Vice President of Business Development. In this role, Freitag will focus on promoting GSL's proprietary, enhanced closed-loop geothermal technology to new customers and industry partners in the global thermal energy market.

Freitag brings more than 30 years of energy technology, business development, and executive management experience to the new role. He comes to GSL from Baker Hughes, where he was most recently Vice President of Intelligent Software Solutions. Previously, he led the company's global team of subsurface experts as Vice President of Geoscience and Petroleum Engineering.

Freitag holds a bachelor's degree in physics from University of Technology, Berlin and a master's degree in geophysics from University of Technology, Clausthal.

Freitag's technical experience adds to GSL's broad functional expertise across the geothermal value chain, which also includes advanced drilling techniques, enhanced heat flow processes, pipe-in-pipe/closed loop systems, and aboveground applications that leverage GeoHeat for heating and power generation.

With megawatt (MW)-scale pilot projects in the preparation stages, GeoHeat is ready for commercial-scale implementation. The closed-loop technology will enable high-efficiency extraction of energy from super-hot geologic formations in almost any area worldwide—at a fraction of the cost and water demands of conventional geothermal techniques.

'We are delighted to add another experienced and savvy professional to our rapidly growing GeoHeat harvesting team,' said Dr. Piotr Moncarz, NAE, president and CEO of GSL.

'I am delighted to join Geothermic Solution's dynamic and innovative team,' said Freitag. 'I've spent three decades working with oil and gas operators, focused on supplying affordable energy to meet the world's demand through technology innovation. In this time, when energy security, the energy transition, and sustainability are of key concern, I look forward to utilizing this experience to enable the adoption and implementation of Geothermic's minimally invasive, scalable, cost-efficient GeoHeat technology.'

Freitag joins GSL at a time when the company is actively pursuing new investment partnerships and in-field project opportunities.

For more information, or to schedule a meeting with Hans-Christian Freitag, visit https://www.geothermicsolution.com.

About GSL

Geothermic Solution, Inc. combines breakthrough technology from a wide range of scientific fields to harvest heat—cleanly and efficiently—from deep earth formations around the globe. Our innovative GeoHeatTM closed-loop, heat-harvesting technology provides reliable, cost-efficient geothermal energy to off-grid installations, while minimizing water usage and carbon emissions. Learn more about partnering with Geothermic Solution at https://www.geothermicsolution.com.

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