Business
Google Just Locked In 396 MW of Geothermal Power — But the Bigger Deal Could Be Nearly 1 GW
Fervo Energy has secured a major new power deal with Google that could reshape the race for reliable, around-the-clock clean energy — and investors immediately took notice. Geothermal energy company Fervo Energy has signed a 396-megawatt power purchase agreement (PPA) with Google for electricity from its Cape Station enhanced geothermal systems project in Utah, sending Fervo shares soaring nearly 14% in premarket trading on Tuesday. The agreement marks a major expansion of the partnership betw
