Geothermal Heats Up: Fervo Drilling Rates Soar 143% While Quaise Raises $134M

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Source: Zero Hedge
Published: 2026-07-13 09:15 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Technology & AI, Energy, US Politics
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Snippet:
While the Trump administration keeps pushing domestic energy addition through funding vehicles and executive orders aimed at grid reliability and AI-driven demand growth, two next-generation geothermal developers just posted updates that move past announcements and into measurable progress on drilling and capital formation.
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