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Fervo Energy achieves first power at Cape Station, landmark for enhanced geothermal

By BORSA NewsroomPublished Sep 24, 2026, 6:00 AM EDTUpdated Sep 24, 2026, 11:43 AM EDT

Fervo Energy (FRVO) announced first power at its Cape Station EGS project in Utah, the first utility-scale enhanced geothermal system to reach this milestone. Phase I is ~100 MW, with first GeoBlock COD target Oct 1, 2026. Fully contracted offtake is ~900 MW.

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WHAT WE KNOW

Fervo Energy (Nasdaq: FRVO) announced first power at Cape Station in Beaver County, Utah.