DEPLOYDatabase

Company

Fervo Energy

Fervo Energy (Nasdaq: FRVO) develops utility-scale enhanced geothermal systems (EGS).

HQ
Houston, Texas, USA
Status
public

Overview

Fervo Energy (Nasdaq: FRVO) develops utility-scale enhanced geothermal systems (EGS). Flagship Cape Station GeoCluster in Beaver County, Utah, achieved First Power in Sep 2026 on its first 33 MW GeoBlock, with ~900 MW of contracted offtake including a 396 MW Google PPA.

Verified record

Verified deployments
None on file
Active incidents
None on file

Key facts

Cape Station First Power (Sep 2026)

Company-stated (company-stated): on Sep 24 2026 Fervo announced Cape Station (Beaver County, Utah) achieved First Power, framed as the first utility-scale greenfield enhanced geothermal system synchronized to the grid and exporting electricity. Phase I is ~100 MW as three 33 MW GeoBlocks; first GeoBlock at First Power with contractual COD targeted by Oct 1 2026; remaining two GeoBlocks targeted COD by Jan 1 2027. Next ~400 MW phase under construction (COD 2028). Fully contracted offtake at Cape Station ~900 MW. Company press

Google Cape Station PPA 396 MW (Sep 2026)

Company-stated (company-stated): Sep 1 2026 Fervo announced a 396 MW PPA with Google for Cape Station GeoCluster capacity expected online in 2028, with an option for Google to expand offtake by ~600 MW (toward ~1 GW) by June 2030. Separate from the Sep 24 First Power milestone on Phase I's first GeoBlock; Google is among contracted Cape Station offtakers

Next-generation geothermal

Fervo Energy says it delivers 24/7 carbon-free energy through next-generation geothermal projects (Fervo Energy).

Data & sources

Press releases

2

Web sources

2

4 sources backing this record.View all →

Safety record

No incidents on record for Fervo Energy.

Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.

Full safety record: incidents, sourcing, and exposure data →

Recent coverage

Fervo Energy in third-party press