Fervo Energy brings 33 MW GeoBlock 1 into commercial operation, PPA backlog rises to 1,054 MW

Fervo Energy brought its 33 MW GeoBlock 1 into commercial operation and now has 1,054 MW under binding PPAs worth about $11.9B, up from 658 MW last quarter. It holds $1.9B in cash with 466 MW under construction.

Detected & updated continuously · Source: Nebula