TechCrunchTim De Chant
World’s first enhanced geothermal power plant completed in just 23 months
With it, Fervo becomes the first enhanced geothermal company to reach a key commercial milestone. The power plant synchronized with the grid about a week ago, bringing online the first third of what will soon become a 100-megawatt power plant.The entire site could be much…
Geothermal can also be developed in phases, similar to how data centers are developed, allowing hyperscalers to bring racks online as demand ramps up.Google, Southern California Edison, and others have committed to buying power from Fervo’s Cape Station project.Fervo is one of several companies developing enhanced geothermal power plants. While traditional geothermal power taps heat sources close to the surface, Fervo and its peers are drilling deeper because deeper rock is hotter, opening more opportunities for development.Fervo went public in May in anupsized IPOthat raised $1.9 billion.
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