Geothermal startup Fervo catapults itself over the ‘valley of death’
Fervo landed a large new loan with terms that strongly suggest the company’s most turbulent days are behind it.
Fervo landed a large new loan with terms that strongly suggest the company’s most turbulent days are behind it.
Fervo Energy’s Series E round will help the company build additional phases of its Cape Station power plant while beginning development on new sites.
Geothermal energy startups including Fervo Energy and Sage Geosystems are signing key deals that bring their technology closer to broader commercial deployment.