Fervo Energy Signs Near-400 MW Power Supply Deal With Google for Utah Geothermal Project

Geothermal energy company Fervo Energy has reached an agreement to supply nearly 400 megawatts of electricity from its Cape Station project in southwestern Utah to Google, according to Jiemian News. Fervo plans to begin delivering power in 2028, and Google has the option to expand the deal by about 600 megawatts, with the option exercisable until June 2030. Fervo shares rose as much as 15% in premarket trading.