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Fervo Energy starts first commercial geothermal operations and secures over 1GW in contract backlog

Nasdaq +2 · ·by G4L

FRVO
FRVO Fervo Energy Co
$11.46 +26.98%
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  1. 1Fervo Energy deployed its first GeoBlock for commercial operation in the third quarter.
  2. 2Fervo Energy recorded a binding contract backlog of over 1GW in the third quarter.
  3. 3Google signed a 15-year power purchase agreement in September.

So what's the key point?

Fervo Energy has begun operating its first commercial geothermal power facility. The company is growing by securing over 1GW of work, including a power contract with Google.

Source Nasdaq +2 · View original ↗

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