#enhanced-geothermal

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Venture
fromTechCrunch
1 day ago

Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand | TechCrunch

Fervo Energy’s upsized IPO valued the company above $10 billion as AI and data-center demand boosted electricity demand.
fromTechCrunch
5 months ago

Google invests in Fervo's $462M round to unlock even more geothermal energy | TechCrunch

Enhanced geothermal startup Fervo Energy has raised $462 million to complete its first large-scale power plant and begin development on several others as it races to provide electricity to a power-hungry grid. The new funds will help the company continue work on its 500-megawatt Cape Station power plant in Utah while starting development on several others, Sara Jewett, senior vice president of strategy at Fervo, told TechCrunch.
Environment
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