POWER Magazine•9 days ago
Fervo, Turboden Sign 1.7-GW Turbine Deal for Geothermal Power Plants
Key Takeaway
This deal signals a major expansion of U.S. geothermal capacity, securing equipment supply for developers and offering a significant baseload renewable option for large power consumers.
AI Summary
- •Fervo Energy (Texas) and Turboden (Italy subsidiary) signed a 1.7 GW turbine supply agreement for U.S. geothermal projects.
- •This deal secures a significant equipment supply chain for geothermal developers, enabling large-scale project deployment.
- •It signals a substantial expansion of baseload, renewable geothermal capacity in the U.S., offering a stable power source for large power consumers.
Topics
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Article Content
A subsidiary of Italy-headquartered Turboden has a turbine supply agreement with Texas-based Fervo Energy, a deal that will further support U.S. geothermal energy projects. The post Fervo, Turboden Sign 1.7-GW Turbine Deal for Geothermal Power Plants appeared first on POWER Magazine .