Geothermal
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Fervo Energy has signed 2 geothermal PPAs totalling 320MW with Southern California Edison (SCE), one of the US’s largest utilities.
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Google and NV Energy have formed a partnership to supply the tech giant's Nevada data centres with advanced geothermal electricity.
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Geothermal technology company XGS Energy has closed a $20 million Series A financing led by Valo Ventures and VoLo Earth Ventures.
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Zanskar has closed $30 million in a Series B funding round led by Obvious Ventures to scale its AI and data-based platform used for discovering geothermal energy resources.
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Former Fengate Asset Management director Vince Castranovo has been hired by Calpine as vice president, corporate development.
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GA Drilling, a deep geothermal company, has closed $15 million in financing from several investors to scale its geothermal technologies.
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The Department of Energy (DOE) has awarded $475 million in funding for 5 projects that feature renewable development on former mining lands. The projects are located across Arizona, Kentucky, Nevada, Pennsylvania, and West Virginia.
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Quaise Energy has secured $21 million in series A1 funding led by Purdue Ventures and Safar Partners to expand its deep geothermal energy operations.
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Renewable energy company Ormat Technologies has inked a geothermal power purchase agreement (PPA) in Guadeloupe.
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Geothermal development and technology company Fervo has raised $244 million in funding led by shale oil and gas business Devon Energy.
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