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Fervo signs 396-MW geothermal power supply deal with Google; shares jump

The agreement gives Google an option to increase its power purchases by about 600 MW, bringing total potential capacity under the arrangement to nearly 1 gigawatt by June 2030, Fervo said. The companies began working together through Fervo's Project Red geothermal pilot project in Nevada, which came online in 2023.

Fervo signs 396-MW geothermal power supply deal with Google; shares jump

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