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Exclusive | Fervo Secures Its Largest-Ever Geothermal Power Deal, With Google
Geothermal company Fervo FRVO -9.42%decrease; down pointing triangle Energy has signed a major deal to sell power to Alphabet’s GOOGL 1.01%increase; up pointing triangle Google from a Utah project that it plans to turn into the world’s largest enhanced geothermal facility.
The agreement for nearly 400 megawatts of electricity is enough to power a midsize city and would be Fervo’s largest-ever power deal. Fervo plans to begin selling power to Google in 2028 from its Cape Station project in southwestern Utah.
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