Geothermal

Climatetech finance

Fervo Energy unveils new power plant details in IPO filing

The next-generation geothermal startup has over 3.6 GW of projects in its pipeline. Fervo is going public as the country clamors for clean, around-the-clock power.

By Dan McCarthy . 20 April 2026
Geothermal

Tiny North Carolina town takes a big step toward geothermal energy

Seed funding will help the rural town of Enfield in its quest to heat and cool homes without fossil fuels while drastically lowering residents’ energy costs.

By Elizabeth Ouzts . 20 April 2026
Geothermal

Vermont’s first neighborhood geothermal project prepares to break ground

The gas utility and affordable housing developers building the system are pressing on with their plan despite the Trump administration’s funding clawbacks.

By Sarah Shemkus . 14 April 2026
Geothermal

Fervo Energy inks big turbine deal to build more next-gen geothermal

The Houston-based startup signed a deal with Turboden America for up to 1.75 GW in power-plant units to turn more of Earth’s heat into clean electricity.

By Maria Gallucci . 9 April 2026
Geothermal

Next-generation geothermal needs more than a technology revolution

A new wave of geothermal projects promises to unleash clean, around-the-clock energy. But piecemeal permitting and outdated standards could delay its progress.

By Maria Gallucci . 1 April 2026
Geothermal

XPrize competition to drive innovation for next-gen geothermal plants

Project InnerSpace and the XPrize foundation will launch a contest to remove technical bottlenecks and revitalize supply chains for geothermal’s aboveground parts.

By Maria Gallucci . 24 March 2026
Geothermal

Oil and gas workers find an easy segue into geothermal jobs

A vast pool of technical expertise is ready to tap the tremendous promise of enhanced geothermal.

By Benton Graham . 10 March 2026
Geothermal

An oil company quietly dug a surprisingly deep geothermal well

Oxy drilled four miles down in Colorado, and did so quickly — a promising development for the geothermal industry.

By Sam Brasch . 5 March 2026
Geothermal

Quaise looks to advance ‘superhot’ geothermal power plant in Oregon

The Houston firm aims to raise $200 million to develop a next-generation geothermal plant in Oregon as the technology gains momentum with investors.

By Maria Gallucci . 3 March 2026
Geothermal

Geothermal startup Fervo Energy may finally go public

The pioneering firm has reportedly filed for an IPO as it pushes to complete the first part of its massive next-gen geothermal installation later this year.

By Maria Gallucci . 22 January 2026