Fervo Energy Raises $462M for Geothermal Power Plants

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

Try Bookbeat 60! days for free, click here

Try Bookbeat 60! days for free, click here

Enjoy a whole world of audiobooks and e-books, everything from new releases to the classics

 Sponsored
Podcast artwork

Categories:

Business

Fervo Energy, a geothermal startup, secures $462M to build large-scale power plants, including their Cape Station project in Utah. This funding, led by B Capital and Google, will support the plants completion by 2026. Fervos efficient drilling technology and growing demand from data centers boost the prospects of enhanced geothermal power.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Visit the podcast's native language site