ended3월 19일· 1 sources
Geothermal startup Fervo catapults itself over the ‘valley of death’
지열 스타트업 Fervo Energy, '죽음의 계곡'을 넘다
Why it matters
Fervo Energy secured a $421 million non-recourse loan for its Cape Station geothermal power plant in Utah, a milestone indicating the startup has moved past the 'valley of death.' Cape Station will begin operations this year, scale to 100 MW by early 2027, and eventually reach 500 MW, with all power already sold.
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Fervo Energygeothermalnon-recourse financingCape Stationvalley of death