TechCrunch
02 Sept 2026, 16:54 UTC · 1h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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3 claims · each scored for market impact
Google signed a power purchase agreement to buy 396 MW of electricity from Fervo's Cape Station geothermal plant by 2028. — Secures critical carbon-free energy for AI data center expansion, reducing the risk of missing net-zero targets while scaling compute.
+0.60Google holds an option to purchase an additional 600 MW from Fervo by June 2030. — Provides a scalable pathway for future energy needs, increasing the long-term revenue visibility for Fervo.
+0.40Fervo's Cape Station site may hold enough heat to generate 4 gigawatts, which would double the entire geothermal generating capacity in the U.S. — Signals a massive potential increase in the addressable capacity of enhanced geothermal technology as a viable utility-scale energy source.
+0.30Which stocks this story touches
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