Fervo now has $12B in orders for its geothermal power tech
Geothermal company Fervo is targeting natural gas as it brings down geothermal drilling costs at its 8.4 GW resource in Utah.
Fervo Energy
World’s first enhanced geothermal power plant completed in just 23 months
Fervo Energy completed its first power plant in less than two years. The next phases promise to connect to the grid even quicker.
Enhanced geothermal notches another win as Google buys 400 MW from Fervo
Fervo’s deal with Google could expand to 1 gigawatt of geothermal power, enough to supply a very large AI data center in Utah.
Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand
Fervo Energy’s IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn’t raising more money.
Geothermal startup Fervo Energy to raise up to $1.3B in IPO
Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion.
The climate tech IPO window could finally be cracking open
Nuclear startup X-energy went public, geothermal startup Fervo is about to. Could this be the moment that climate tech investors have been waiting for?
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.
Google invests in Fervo’s $462M round to unlock even more geothermal energy
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.
Advanced geothermal startups are just getting warmed up
Geothermal energy startups including Fervo Energy and Sage Geosystems are signing key deals that bring their technology closer to broader commercial deployment.