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Fervo Energy Declares Commercial Operation at Cape Station Ahead of Schedule, Leading the Race for Next-Generation Geothermal Energy

$FRVOPress releaseOct 1, 2026, 7:00 AM ETRead the release

Fervo Energy's first power plant at Cape Station in Beaver County, Utah reached contractual commercial operation on September 30, one day ahead of its COD, and is now generating revenue under its power purchase agreement. The first GeoBlock delivered 33 MW of net power, meeting the PPA production threshold, and was built in just 23 months — the first greenfield enhanced geothermal project in the world to achieve commercial operations. Phase I totals approximately 100 MW across three GeoBlocks, with the remaining two expected to reach COD by January 1, 2027, and a 400 MW Phase II under construction for 2028.

Key figures

Binding ppas gw
1
Phase1 capacity mw
100
Phase2 capacity mw
400
Construction months
23
Net power production mw
33

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