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World’s first enhanced geothermal power plant completed in just 23 months

Fervo Energy completed its first power plant in less than two years. The next phases promise to connect to the grid even quicker.

ClimateFervo Energygeothermal energy
TechCrunch Oct 1, 2026, 18:35 UTC
EN

Khosla-backed Mazama Energy just raised $135M to drill deeper into super-hot-rock geothermal

Geothermal startup Mazama is drilling three miles underground to tap superhot rock, with one well capable of generating 15 MW of electricity 24/7.

Climategeothermal energy
TechCrunch Sep 18, 2026, 00:02 UTC
EN

Enhanced geothermal notches another win as Google buys 400 MW from Fervo

Fervo's deal with Google could expand to 1 gigawatt of geothermal power, enough to supply a very large AI data center in Utah.

ClimateFervo Energygeothermal energyGoogle
TechCrunch Sep 2, 2026, 16:54 UTC
EN

SpaceX alum nabs $22M to turn rocket engines into geothermal power plants

Critical Energy is turning rocket engines into geothermal power plants, and it wants to build 300 GW per year by 2045.

ClimateFundraisingExclusivegeothermal energyCritical Energy
TechCrunch Jun 17, 2026, 13:30 UTC
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Geothermal startup Fervo Energy pops 33% in IPO debut fueled by AI data center demand

Fervo Energy's IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn't raising more money.

ClimateFervo Energygeothermalgeothermal energyIPO
TechCrunch May 13, 2026, 17:42 UTC
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Geothermal startup Fervo Energy to raise up to $1.3B in IPO

Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion.

ClimateFervo Energygeothermal energyIPO
TechCrunch May 5, 2026, 00:13 UTC

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