Why Fervo Energy Stock Is Up Today
The geothermal pioneer achieved a major operational milestone.
Overview
Shares of Fervo Energy (NASDAQ: FRVO) rose on Thursday after the next-generation electricity producer announced that it achieved First Power at its flagship Cape Station project in Beaver County, Utah.
Image source: Fervo Energy.
The milestone marks the first time a utility-scale enhanced geothermal project has progressed from planning and development into an operating power plant selling electricity to the grid.
Details
Source
Originally published at www.fool.com.
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