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Fervo Energy lands $206M in financing to build massive geothermal power plant


Fervo is developing what promises to be the largest enhanced geothermal power plant in the world.

Geothermal frontrunner Fervo Energy said Wednesday that it had secured $206 million in financing to continue work on a new power plant in Utah. It doesn’t hurt that it relies on skills pioneered by the oil and gas industry, something that likely helps its standing within the Trump administration. De Chant is also a lecturer in MIT’s Graduate Program in Science Writing, and he was awarded a Knight Science Journalism Fellowship at MIT in 2018, during which time he studied climate technologies and explored new business models for journalism.

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