News
Fervo enters 1. 75-GW geothermal turbine supply deal with Turboden
2+ hour, 49+ min ago (305+ words) Manufacturer Turboden American will supply enhanced geothermal developer Fervo Energy with 1. 75 GW of its Organic Rankine cycle turbines over three years, according to a Tuesday release from the companies. The companies said they expect the deal to lead to "strengthened…...
Fervo geothermal plant gets $421 M in debt financing from Barclays, HSBC
2+ week, 6+ day ago (297+ words) Such non-recourse financing "has historically been considered out of reach for first-of-a-kind projects," Fervo's chief financial officer said. Ulrey said that the Cape Station facility "disrupts" the narrative about what type of financing is generally available for novel projects." "With…...