Technology and Science01 October, 20262 min read
Fervo Energy Begins Selling Power From Cape Station After 23-Month Build
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Cape Station GeoBlock 1 delivers 33 MW net, commercial operation began Sept 30, 2026. Synchronized with the grid on Sept 24 and began selling electricity.
6 outlets told this the same way.
Cape Station Goes Commercial
Fervo Energy began selling electricity from its Cape Station power plant to the grid on September 30, after the facility synchronized to the grid on September 24. Fervo said its first GeoBlock reached commercial operation one day before its contractual commercial operation date, and the unit produced 33 MW of net power, meeting the production threshold expected under its power purchase agreement. Fervo described Cape Station as the world’s first greenfield enhanced geothermal development to achieve contractual commercial operations, and the company said it built and commissioned the facility in 23 months.
Fervo said Phase I covers about 100 MW across three 33-megawatt GeoBlocks, with the other two in commissioning and expected to reach contractual commercial operation by January 1, 2027. Fervo said Phase II adds an additional 400 MW under construction, with an expected commercial operation date in 2028, and it expects future GeoBlocks to reach an 18-month construction timeline.
Executives Cite Speed
Tim Latimer, Fervo co-founder and CEO, said, "No team has ever built a project like this anywhere in the world, and we did it ahead of schedule," as the company announced it started selling electricity from Cape Station. David Ulrey, Fervo CFO, said, "With over 1 gigawatt of binding PPAs signed across our portfolio," and he described the commercial operation date as the beginning of a build into "predictable, long-term revenue generation." Dawn Owens, Fervo SVP, Head of Development & Commercial Markets, said, "Getting our first GeoBlock to commercial operation reflects the strength of our execution and the discipline of our team on the ground."
Fervo said commissioning continued at the remaining two Phase I GeoBlocks, which were expected to reach contractual COD by January 1, 2027, while the next phase of 400 MW was under construction with an expected COD in 2028. Fervo said it was confident it could compress future GeoBlock construction timelines to 18 months as it applied lessons learned across its pipeline.
Market and Technology Context
Fervo said it is generating revenue under its power purchase agreement after Cape Station declared commercial operation on September 30, and the company said the first GeoBlock produced 33 MW of net power. Fervo said it synchronized Cape Station to the grid on September 24 and declared commercial operation six days later, one day before its contractual COD. TechCrunch said Fervo became the first enhanced geothermal company to reach a key commercial milestone, and it described the first block at Cape Station as taking 23 months to complete.
TechCrunch said Fervo went public in May in an upsized IPO that raised $1.9 billion, and it said the company was founded in 2017. TechCrunch said Fervo brought drilling techniques and technologies from the oil and gas sector to the development of new geothermal resources, and it said Google and Southern California Edison committed to buying power from Cape Station.