https://www.live-feeds.com/feed/exclusive-fervo-secures-its-largest-ever-geothermal-power-deal-with-googleContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/exclusive-fervo-secures-its-largest-ever-geothermal-power-deal-with-googlehttps://www.live-feeds.com/feed/exclusive-fervo-secures-its-largest-ever-geothermal-power-deal-with-google#u59934Mon, 07 Sep 2026 12:40:28 +0000Fervo Energy has secured its largest-ever geothermal power agreement with Google, sending the company stock higher following the announcement of a 396-megawatt power purchase agreement. Financial analysts project that Fervo stock could reach a target of $44, with some estimates suggesting the stock might double or see upside potential of 139% by 2027. The project sources power from Fervo's Cape Station enhanced geothermal systems in southwestern Utah, utilizing next-generation technology that drills into hot, dry rock to supply carbon-free electricity for Google data centers.Why it matter https://www.live-feeds.com/feed/exclusive-fervo-secures-its-largest-ever-geothermal-power-deal-with-googlehttps://www.live-feeds.com/feed/exclusive-fervo-secures-its-largest-ever-geothermal-power-deal-with-google#u55273Thu, 03 Sep 2026 07:11:28 +0000Fervo Energy has signed a power purchase agreement to sell 396 megawatts of electricity to Google starting in 2028. The energy will be sourced from Fervo's Cape Station enhanced geothermal systems project in southwestern Utah. This agreement is the largest of its kind for next-generation geothermal technology, which generates power by drilling into hot, dry rock. Following the announcement, Fervo Energy shares on the NASDAQ rose 15%. The deal aims to provide carbon-free power for Google data centers amid increasing energy demands driven by the AI boom.Why it mattersEnhanced geothermal sys