HOUSTON--(BUSINESS WIRE)--Fervo Energy (“Fervo”), the leader in next-generation geothermal energy, today held its second annual Technology Day, announcing a suite of both technical and commercial breakthroughs. In the last year, Fervo drilled 15 wells at Cape Station, achieved record-breaking commercial flow rates at the site’s first well test, and secured a $100 million construction loan from X-Caliber Rural Capital to accelerate its operations. The successful well test, announced today, demon...
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