Nov 9, 2026, 8:55 PMTechnology
Fervo now has $12B in orders for its geothermal power tech
Geothermal company Fervo couldn’t have picked a better time to deliver its first power plants. In its third-quarter earnings report, released Monday, the…
Summary
Geothermal company Fervo couldn’t have picked a better time to deliver its first power plants. In its third-quarter earnings report, released Monday, the company said it now has $11. 9 billion worth of contracted revenue on the books, up from $7. Fervo has been hitting its deadlines recently, which undoubtedly has helped to drive orders.
Positives
- In its third-quarter earnings report, released Monday, the company said it now has $11.
Risks & concerns
- The article may not provide enough evidence to validate every implication.
- Execution, cost, adoption, regulation, or security could change the outcome.
Primary sourceTechCrunchhttps://techcrunch.com/2026/11/09/fervo-now-has-12b-in-orders-for-its-geothermal-power-tech/
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