{"id":"8afa9d74-31db-4bec-beae-d7bd47242b25","name":"Fervo Energy","slug":"fervo-energy","description":"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.","status":"public","founded":null,"hq":"Houston, Texas, USA","hqLat":null,"hqLng":null,"hqGeocodedAt":null,"hqAddress":null,"hqPrecision":null,"website":"fervoenergy.com","fundingTotal":null,"type":"infrastructure","roles":[],"reviewStatus":"reviewed","heatIndex":0,"lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://fervoenergy.com/fervo-energy-achieves-first-power-at-cape-station-a-landmark-moment-for-the-future-of-enhanced-geothermal-systems/","title":"Fervo Energy Achieves First Power at Cape Station, a Landmark Moment for the Future of Enhanced Geothermal Systems","sourceName":"Fervo Energy (official)","publishedAt":"2026-09-24"},{"url":"https://x.com/fervoenergy/status/2103146366017151234","title":"Fervo Energy: First Power at Cape Station (company X)","sourceName":"X (@fervoenergy)","publishedAt":"2026-09-24"},{"url":"https://fervoenergy.com/fervo-energy-and-google-sign-396-mw-ppa/","title":"Fervo Energy and Google Sign 396 MW PPA (Cape Station)","sourceName":"Fervo Energy (official)","publishedAt":"2026-09-01"},{"url":"https://fervoenergy.com/","title":"Fervo Energy - Next-Generation Geothermal Projects","sourceName":"Fervo Energy"}],"keyFacts":[{"label":"Cape Station First Power (Sep 2026)","value":"Company-stated ([company-stated](https://fervoenergy.com/fervo-energy-achieves-first-power-at-cape-station-a-landmark-moment-for-the-future-of-enhanced-geothermal-systems/)): 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"},{"label":"Google Cape Station PPA 396 MW (Sep 2026)","value":"Company-stated ([company-stated](https://fervoenergy.com/fervo-energy-and-google-sign-396-mw-ppa/)): 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"},{"label":"Next-generation geothermal","value":"Fervo Energy says it delivers 24/7 carbon-free energy through next-generation geothermal projects ([Fervo Energy](https://fervoenergy.com/)).","sourceUrl":"https://fervoenergy.com/"}],"aliases":["Fervo","FRVO","Cape Station"],"collisionRisk":"low","reviewNote":null,"atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":null,"burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":null,"stockExchange":null,"secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-09-24T21:00:33.437Z","updatedAt":"2026-09-29T21:19:37.763Z","jsonLd":{"@context":"https://schema.org","@type":"Organization","@id":"https://registry.deploy.report/companies/fervo-energy","url":"https://registry.deploy.report/companies/fervo-energy","name":"Fervo Energy","alternateName":["Fervo","FRVO","Cape Station"],"description":"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.","identifier":"8afa9d74-31db-4bec-beae-d7bd47242b25","address":"Houston, Texas, USA","publisher":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":4,"primary_source_types":["primary-company-ir"]}}}