The funding will drive construction of the project, which aims to deliver grid-scale geothermal energy by 2030.

Fervo Energy Co Ltd (NASDAQ:FRVO) shares climbed 11. 1% in premarket trading on Monday after the company unveiled a new ...

Geothermal technology could become an important tool for reducing data center energy use, but HVAC contractors need more than ...

As tech giants hunt for massive amounts of clean electricity, PNNL, Nvidia and Fervo Energy are partnering to develop a new public tool that aims to eliminate the guesswork of drilling into the ...

Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the first close of its Series B financing, raising $134 million with additional equity and debt capital ...

Heat pumps are one of the most energy-efficient ways to heat and cool a home, but not all systems perform the same. In this ...

The geothermal project of MIT spin-off Quaise Energy is progressing. New capital has been raised for the necessary deep ...

Incentives from the NYS Clean Heat program mean that making the switch from heat pumps to geothermal is more accessible and economically viable than ever. For homeowners in Westchester and Putnam ...

Eavor Technologies has been awarded $8 million by the Government of Alberta to help advance the company’s Eavor-Loop ...