Startup taps underwater volcano as energy source in "proof point" test
Can undersea geothermal power help Pacific Rim nations cut down on oil imports?
Tech news from the best sources
Can undersea geothermal power help Pacific Rim nations cut down on oil imports?
Fervo Energy completed its first power plant in less than two years. The next phases promise to connect to the grid even quicker.
Geothermal startup Mazama is drilling three miles underground to tap superhot rock, with one well capable of generating 15 MW of electricity 24/7.
Fervo's deal with Google could expand to 1 gigawatt of geothermal power, enough to supply a very large AI data center in Utah.
Critical Energy is turning rocket engines into geothermal power plants, and it wants to build 300 GW per year by 2045.
Fervo Energy's IPO was upsized several times after potential investors asked why the enhanced geothermal startup wasn't raising more money.
Enhanced geothermal startup Fervo Energy’s IPO could value the company at up to $6.5 billion.