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

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

AI Summary

Geothermal company Fervo says it has secured $12 billion in orders for its geothermal power technology. It is targeting natural gas by reducing drilling costs at a Utah resource with a stated potential of 8.4 gigawatts.

Geothermal company Fervo is targeting natural gas as it brings down geothermal drilling costs at its 8.4 GW resource in Utah.

Markets Deals Energy Fervo geothermal energy power technology drilling costs Utah natural gas orders

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