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This Bill Gates-Backed Company Just Raised $206 Million to Harness Geothermal Energy

Fervo’s new funding means it’s on track to deploy a 100-megawatt geothermal power plant in Utah by 2026.

Jun 11, 2025 - 20:50
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This Bill Gates-Backed Company Just Raised $206 Million to Harness Geothermal Energy

Fervo’s new funding means it’s on track to deploy a 100-megawatt geothermal power plant in Utah by 2026.

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