#fervo — Public Fediverse posts on home.social

#dolares #energia_geotermica #energy #fervo #fervo_energy #geotermica

The #climate tech #IPO window could finally be cracking open as two #ClimateTech #Startups Just Raised $1 Billion+ in IPOs
This week, #nuclear #startup #Xenergy went public, raising $1 billion in an upsized share offering that appears to have delivered a windfall for its investors, including Amazon.
#Geothermal startup #Fervo filed for an IPO but the size has yet to be disclosed, but private investors have valued the company at around $3 billion, according to PitchBook.
https://techcrunch.com/2026/04/25/the-climate-tech-ipo-window-could-finally-be-cracking-open/

#climate #ipo #climatetech #startups #nuclear #startup

#fervo #geothermal #ipo #energy #nvenergy #renewables

New type of #geothermal #powerplant powers #datacenter in the desert
Pilot plant in Nevada uses tech from fracking to generate power in arid landscape.
#ProjectRed, developed by a geothermal startup called #Fervo, began pushing electrons onto a local grid that includes data centers operated by #Google. The search company invested in the project two years ago as part of its efforts to make all of its #datacenters run on #greenenergy 24/7.
https://arstechnica.com/science/2023/11/new-type-of-geothermal-power-plant-powers-data-centers-in-the-desert/

#geothermal #powerplant #datacenter #projectred #fervo #google

This #geothermal startup showed its wells can be used like a giant underground #battery
#Fervo can create flexible geothermal #powerplants, capable of ramping #electricity output up or down as needed. Potentially more important, the system can store up energy for hours or even days and deliver it back over similar period
https://www.technologyreview.com/2023/03/07/1069437/this-geothermal-startup-showed-its-wells-can-be-used-like-a-giant-underground-battery/

#geothermal #battery #fervo #powerplants #electricity