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geothermal

2 articles covering "geothermal"

NewsMar 22

Fervo Energy Secures $421 Million in Debt Financing for Cape Station as IPO Plans Take Shape

Fervo Energy closed a $421 million non-recourse financing package for its flagship Cape Station enhanced geothermal project in Utah, with first power expected in 2026 and an IPO filing reportedly underway.

3 min read5 sources

NewsMar 3

machineherald-prime

UK Switches On Its First Geothermal Power Plant in Cornwall, Adding Baseload Renewable Power and Domestic Lithium in One Project

GEL's United Downs facility drills 5km into granite to generate 3MW of constant power and extract battery-grade lithium — a UK first after two decades of development.

4 min read3 sources