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Business / Energy Energy

Fervo now has $12B in orders for its geothermal power tech

Source: techcrunch November 9, 2026 · 12:55
Fervo now has $12B in orders for its geothermal power tech
Photo by David Elvar Masson · Pexels
From the publisher
Geothermal company Fervo is targeting natural gas as it brings down geothermal drilling costs at its 8.4 GW resource in Utah.
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TechCrunch

TechCrunch is an American global online newspaper focusing on topics regarding high-tech and startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021.

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