/
/
News
  • All
  • Articles
  • Press Releases
Press Release

Turboden and Fervo Energy Establish Partnership to Propel Geothermal Energy Innovation

Brescia, April 22nd – Turboden, a global leader in Organic Rankine Cycle (ORC) systems, proudly announces a groundbreaking collaboration with Fervo Energy, a pioneer in enhanced geothermal systems (EGS). Together, …

Department of Defense

Three Additional Next Generation Geothermal Technology Companies Advancing DoD Energy Resilience

(The Department of Defense) A total of six companies are supporting the U.S. Air Force, U.S. Army, and U.S. Navy at seven installations around the country.

Canary Media

Geothermal is the hottest thing in clean energy. Here’s why

(Canary Media) Advances in next-generation geothermal have policymakers and investors excited about the tech’s promise of ​“clean, firm” power — though many barriers remain.

Fast Company

How Fervo Energy is doubling down on geothermal

(Fast Company) Fervo Energy is one of Fast Company’s Most Innovative Companies in energy for 2024.

TIME

America’s Top GreenTech Companies of 2024 

(TIME) TIME and Statista have named 250 companies reducing environmental impact

Utility Dive

Geothermal developer Fervo Energy raises $244M as it builds 400-MW Utah project

(Utility Dive) Geothermal resources account for 4 GW of U.S. electric generating capacity but could scale up to 90 GW by 2050, experts say.

Press Release

Fervo Energy Raises $244 Million to Accelerate Deployment of Next-Generation Geothermal

Fervo Energy, the leader in next-generation geothermal development, today announced that it has raised $244 million in new funding led by Devon Energy, a pioneer in shale oil and gas.

Houston Chronicle

Houston geothermal startup Fervo to receive up to $25 million from Department of Energy

(Houston Chronicle) Fervo Energy, a Houston geothermal startup often hailed as an industry pioneer, was one of three companies selected this week to collectively receive up to $60 million from the Department of Energy to advance geothermal energy technology.

Heatmap

Is Geothermal About to Become the Solar of the 2020s?

(Heatmap) The startup Fervo Energy is learning how to bring down costs — fast.

U.S. Department of Energy

Biden- Harris Administration Invests $60 Million to Expand Clean, Renewable Geothermal Energy

(U.S. Department of Energy) President Biden’s Investing in America agenda will fund three projects to scale enhanced geothermal systems, which have potential to deliver renewable geothermal energy to power the equivalent of 65 million U.S. homes.

Press Release

Fervo Energy Drilling Results Show Rapid Advancement of Geothermal Performance

Drilling operations at Fervo’s Cape Station show 70% year-over-year reduction in drilling times and pave the way for rapid geothermal deployment

What's Your Problem?

Using Oil-Industry Tech to Create Clean Energy

(What’s Your Problem?) Tim Latimer is the CEO and co-founder of Fervo Energy, a company that is using a new approach to produce carbon-free geothermal energy.

MIT Technology Review

Enhanced geothermal systems: 10 Breakthrough Technologies 2024

(MIT Technology Review) Advanced drilling technology could unlock the potential of this carbon-free renewable energy source.

The Atlantic

The Nine Breakthroughs of the Year

(The Atlantic) The theme of my second-annual Breakthroughs of the Year is the long road of progress.

Fast Company

10 climate tech innovations that give us hope for 2024

(Fast Company) From ships powered by food waste to jet fuel made from CO2, here’s the climate tech we’re most excited about.

E&E News by Politico

Google taps hot rocks to cool climate

(E&E News by Politico) Corporate America has learned to love renewables. Now, it is beginning to dabble in next-generation climate solutions.

PBS NewsHour

Texas goes green: How oil country became the renewable energy leader

(PBS NewsHour) One of the big announcements at the UN climate conference this weekend in Dubai was a pledge by more than 110 countries to triple the amount of renewable energy they are generating by 2030. That work is already underway in a rather unlikely place.

Wired

A New Type of Geothermal Power Plant Just Made the Internet a Little Greener

(Wired) A new approach to geothermal energy makes it possible to tap the energy of hot rocks just about anywhere. A pilot plant in Nevada is now helping to power Google data centers.

The Associated Press

New Google geothermal electricity project could be a milestone for clean energy

(The Associated Press) An advanced geothermal project has begun pumping carbon-free electricity onto the Nevada grid to power Google data centers there, Google announced Tuesday.

Google

A first-of-its-kind geothermal project is now operational

(Google) We partnered with a clean-energy startup to develop a geothermal power project in Nevada that is now contributing carbon-free energy to the electric grid.

Columbia Energy Exchange

Harnessing the Heat Beneath Our Feet

(Columbia Energy Exchange) The practice of capturing steam bursting through the earth’s surface to generate electricity has been around for more than a century. This is the traditional concept of geothermal energy.

The Salt Lake Tribune

This Utah county ‘hit the panic button’ when a big employer left. Here’s what happened next.

(The Salt Lake Tribune) Officials in the rural Utah area are hopeful they can diversity the historically ‘boom and bust’ economy

Houston Business Journal

The Big Transition

(Houston Business Journal) How workforce needs are shifting as the world embraces clean energy.

U.S. Bureau of Land Management

Collaboration and innovation power geothermal energy project on public lands

(U.S. Bureau of Land Management) On September 25, leaders from several industries and agencies including federal, state and local government came together to celebrate the groundbreaking of the Cape Modern Geothermal Exploration Project in Beaver County, Utah

MIT Technology Review

15 Climate Tech Companies to Watch

(MIT Technology Review) From nuclear fusion to cow-free burgers, these businesses have the best shot at making a difference on climate change.

The Salt Lake Tribune

Steve Handy: Utah is ramping up geothermal, using oil and gas tech

(The Salt Lake Tribune) The energy technologies of the future are closer than you think, because in some cases, they are closely connected to the energy technologies of today.

Canary Media

Fervo Energy breaks ground on next-generation geothermal plant

(Canary Media) The startup’s planned 400-megawatt facility in Beaver County, Utah will use ​“enhanced geothermal” technology to harness hard-to-reach heat sources.

Press Release

Fervo Energy Breaks Ground on the World’s Largest Next-gen Geothermal Project

400 MW Cape Station project in southwest Utah signals a new era for enhanced geothermal energy

The New York Times

Drill, Baby, Drill: The Promise of Geothermal Power

(The New York Times) Techniques developed by Big Oil may lead to the next clean energy breakthrough.

The New York Times

There’s a Vast Source of Clean Energy Beneath Our Feet. And a Race to Tap It.

(The New York Times) The United States has enough geothermal energy to power the entire country. Some are trying to unlock it by using techniques from the fracking boom.

Department of Energy

Project Selections for FOA 2735: Regional Direct Air Capture Hubs

(U.S. Department of Energy’s Office of Fossil Energy and Carbon Management) Red Rocks DAC Hub: A Geothermal Energy-Driven Direct Air Carbon Capture and Sequestration Hub in Southwest Utah.

Fast Company

A new drilling technique could boost states’ use of geothermal power

(Fast Company) Proponents believe that geothermal could power as much as 20% of the U.S. grid. Lawmakers in some states have been laying the groundwork to add geothermal power to …

TIME

How a Former Oil Guy Is Using Fracking Tech to Boost Geothermal Energy

(TIME) Of all the technological progress of the past few decades, there is a good argument to be made that a series of fossil fuel industry innovations that helped spark …

Volts

Enhanced geothermal power is finally a reality

(Volts) Last week, the geothermal developer Fervo Energy announced that its first full-scale power plant passed its production test phase with flying colors. With that, Fervo has, at long last, made it …

Wired

A Vast Untapped Green Energy Source Is Hiding Beneath Your Feet

(Wired) New experiments in the deserts of Utah and Nevada show how advances in fracking—technology developed by the oil industry—can be repurposed to tap clean geothermal energy anywhere on Earth.

Utility Dive

Digging deep: Why oil and gas should take a closer look at geothermal

(Utility Dive) Rather than equivocating in their commitments to clean energy, oil and gas companies should draw on their strengths in innovation and cost reduction to bring energy solutions to …