Morgan Stanley Calls Geothermal the Next Shale Revolution
Morgan Stanley rates Ormat and Fervo Energy overweight, calling geothermal the next shale revolution as AI-driven power demand accelerates. Fervo's target implies nearly 180% upside.
Topic
Fervo Energy
Topic
Fervo Energy
Fervo Powers Up First Enhanced Geothermal Plant in 23 Months
Fervo Energy began selling electricity from its Cape Station enhanced geothermal plant on September 30, 23 months after breaking…
Fervo Flips the Switch on Cape Station, World's First Utility-Scale Next-Gen Geothermal
Fervo Energy started up Cape Station in Utah, the first utility-scale enhanced geothermal plant worldwide, selling power to South…
Fervo Energy Lands $20 Million in DOE Awards for Geothermal Push
Fervo Energy won two DOE awards totaling about $20 million for EGS projects in Idaho and Nevada as it builds toward multi-hundred…
Fervo Energy Jumps 33% in IPO Debut on AI Data Center Demand
Geothermal startup Fervo Energy popped 33% in its IPO debut, TechCrunch reports, as investor appetite for clean, round-the-clock…