World's First enhanced geothermal power plant completed in just 23 months
4 hours ago
- Fervo Energy started selling electricity from its Cape Station power plant to the grid on September 30, one day ahead of schedule.
- It is the first enhanced geothermal company to reach a key commercial milestone, with the first third of a 100-megawatt plant now online and potential for 4 gigawatts.
- The first block at Cape Station took 23 months to complete, and future blocks are targeted for 18 months to appeal to data center operators needing fast power.
- Customers include Google and Southern California Edison, and the company went public in May 2024, raising $1.9 billion.