Geothermal developer Fervo raises $462m, with backing from Google
Will use the funds for first commercial project in Utah
Will use the funds for first commercial project in Utah
DOE award was expected to fund half of its planned plant in Holyoke, Massachusetts
Construction expected to start in 2027
Will see Google Cloud provide its AI services to NextEra
Has now raised $254 million since inception
Plans to commence construction in 2027
Will take a minority stake in the firm
Sells solar and BESS site to Prime Capital as part of deal
Project rendered “incompatible” due to data center
Could total 400MW in capacity
If approved, the project is expected to serve as a national demonstration site for future nuclear-powered AI infrastructure
Data centers that bring their own power will receive a fast track for approval
Would also power the facilities
Will apply to large loads that consume more than 25MW of power
Power Solutions will continue to operate under its own brand
Will support the deployment of Xe-100 SMR
Includes 3.4GW of secured grid power
First deliveries of the system will be in Singapore
Portfolio comprises four projects in Ontario
The company will use the funding to advance product development and expand deployments
AMS11 launch brings the company's Dutch footprint to 159MW
Plant is tied to 20-year PPA with Microsoft
Site now has a capacity of 100MW
Aims to use the capital to expand manufacturing and deployments within the AI data center space