Enhanced Geothermal Energy is Poised to Power the Future of AI Artificial intelligence is advancing faster than the power grid can support. Leading voices in the field now acknowledge that AI’s growth will be limited by the availability of reliable energy. In a 2025 Senate hearing, OpenAI CEO Sam Altman noted that “the cost of […]| Fervo Energy
We’re proud to share that Fervo Energy has been named one of TIME’s 100 Most Influential Companies of 2025. This recognition is not only a win for our team, but a signal that the world is taking notice of the pivotal role enhanced geothermal energy plays in building a reliable, affordable, and sustainable energy system. […]| Fervo Energy
On a bright summer morning in southwest Utah, more than 150 attendees from across the energy ecosystem converged on Fervo’s Cape Station development. The reason? Cape Connect: our inaugural site visit event and a powerful showcase of the future of next-generation geothermal energy. Having traveled to Cape Station from Tokyo, London, Washington, D.C., and beyond, […]| Fervo Energy
Cape Station Phase I unlocks multi-million-dollar project capital, cementing EGS as a bankable clean energy solution. HOUSTON, TX (June 11, 2025) – Fervo Energy (“Fervo”), the market leader in commercial enhanced geothermal systems (“EGS”) deployment, today announced it has successfully secured $206 million of additional capital required to continue the advancement of Cape Station, the […]| Fervo Energy
HOUSTON, TX (September 10, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, today held its second annual Technology Day,| Fervo Energy
World’s largest geothermal PPAs highlight increasing utility demand for clean, reliable next-generation geothermal energy| Fervo Energy
HOUSTON, TX (December 19, 2024) – Fervo Energy (“Fervo”), the leader in next-generation geothermal development, today announced that it has secured $255| Fervo Energy
As we look back on 2024, Fervo Energy celebrates a year filled with groundbreaking achievements, strategic collaborations, and industry recognition. From| Fervo Energy
The new workforce development program focused on subsurface operations will provide hands-on and virtual instruction for up to 40 individuals through 2024| Fervo Energy
Drilling operations at Fervo’s Cape Station show 70% year-over-year reduction in drilling times and pave the way for rapid geothermal deployment| Fervo Energy
400 MW Cape Station project in southwest Utah signals a new era for enhanced geothermal energy| Fervo Energy
Fervo Energy, the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas.| Fervo Energy
Well test results at Fervo Energy’s commercial pilot project confirm record production of 24/7 carbon-free enhanced geothermal energy| Fervo Energy
