Fervo Energy signs 1.7-GW turbine supply agreement with Turboden subsidiary for U.S. geothermal power plants

Texas-based Fervo Energy has entered into a turbine supply agreement with a subsidiary of Italy-headquartered Turboden, securing 1.7 GW of turbine capacity. This deal is intended to support the development of geothermal energy projects across the United States. The agreement will provide Fervo Energy with the necessary equipment to expand its geothermal power generation capabilities. This collaboration underscores a commitment to advancing renewable energy infrastructure within the U.S. market.

Counterparts (2)

supplier

Turboden

company

Turboden is an Italian firm and a global leader in the design, manufacture, and maintenance of Organic Rankine Cycle (ORC) systems, gas expanders, and large heat pumps. The company provides technological solutions for energy efficiency, waste heat recovery, and clean energy generation from renewables and industrial processes.

Offtaker

Fervo Energy

company

Fervo Energy develops, owns, and operates next-generation geothermal assets to provide 24/7 carbon-free energy. The company leverages oil and gas technologies like horizontal drilling to unlock geothermal resources in new locations, aiming to make geothermal cost-competitive and scalable.