Fervo Energy announced that its wholly-owned subsidiary has entered into a significant Power Purchase Agreement (PPA) with Google Energy LLC to supply 396 MW of carbon-free energy from an enhanced geothermal systems (EGS) project. The agreement supports the development of Fervo's Cape Station project in Utah, which is intended to power Google's potential data center operations in the region.
Key Details
- Agreement: 15-year Power Purchase Agreement for 396 MW of geothermal energy.
- Project Location: The Cape Station project in Beaver County, Utah.
- Timeline: The project will be delivered in four 99 MW phases with target commercial operation beginning in the third quarter of 2028.
- Expansion Option: The agreement includes an option for Google to purchase an additional 600 MW, potentially increasing the total contracted capacity to approximately 950 MW by June 2030.