AITechCrunchabout 2 hours ago
Fervo Secures $12 Billion in Geothermal Orders
3 min read
Geothermal firm Fervo reported $11.9 billion in contracted revenue during its third quarter, a rise from $7.2 billion previously. The company is building a 396 megawatt plant for Google by 2028 at Cape Station in Utah. While operating losses reached $43.7 million, Fervo holds $1.9 billion in cash.
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