Fervo Energy, the leader in next-generation geothermal power, today announced that it had raised $138 million in new funding led by DCVC to build, own, and operate 24/7 carbon-free power plants.

Fervo Energy provides 24/7 carbon-free energy through the development of next-generation geothermal power. Fervo’s mission is to leverage innovation in geoscience to accelerate the world’s transition to sustainable energy. Geothermal has a major role to play in the future electric grid, and Fervo’s key advancements in drilling and subsurface analytics bring a full suite of modern technology to make geothermal cost competitive. 

Fervo Energy Raises $138 Million For 24/7 Carbon-Free Next-Generation Geothermal Energy

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Fervo Energy Raises $138 Million For 24/7 Carbon-Free Next-Generation Geothermal Energy

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