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What we look for

Each unit keeps its own record: one block delivering under contract says nothing about the next block. Test energy exported during commissioning is not contracted commercial delivery. Well results are technical milestones, stated with their conditions.

Coverage limits

Much of the record is company reported. We label it that way and add regulator, customer or financier statements where they exist. Reservoir performance over time is rarely disclosed and is shown as not established unless a source states it.

The projects below are the ones we maintain, not a census of the field. Sources and their last successful checks.

Latest verified reports

  1. 9 November 2026 · Commissioning

    Cape Station GeoBlock 2: synchronised to the grid

    Company reported Fervo Energy (SEC filing, Form 8-K exhibit) · Source ↗

  2. 9 November 2026 · Commissioning

    Cape Station GeoBlock 2: exporting test energy

    Company reported Fervo Energy (SEC filing, Form 8-K exhibit) · Source ↗

  3. Target stated 9 November 2026 · Operational delivery

    Cape Station GeoBlock 2: target: commercial operation, jan 1, 2027

    Company reported Fervo Energy (SEC filing, Form 8-K exhibit) · Source ↗

  4. 9 November 2026 · Commissioning

    Cape Station GeoBlock 3: cold commissioning

    Company reported Fervo Energy (SEC filing, Form 8-K exhibit) · Source ↗

  5. 9 November 2026 · Construction

    Cape Station GeoBlock 3: mechanically complete

    Company reported Fervo Energy (SEC filing, Form 8-K exhibit) · Source ↗

  6. Target stated 9 November 2026 · Operational delivery

    Cape Station GeoBlock 3: target: commercial operation, jan 1, 2027

    Company reported Fervo Energy (SEC filing, Form 8-K exhibit) · Source ↗

Projects

Next-generation geothermal · United States: Utah (federal BLM land and private land)

Cape Station

Fervo Energy · Public (FRVO) · Enhanced geothermal systems (EGS) with modular power plants Fervo calls GeoBlocks (33 MW in Phase I, 50 MW in Phase II)

Technical milestones
Testing reported
Permissions
Permission issued
Financing
Drawn / disbursed
Customer / offtake
Agreement signed
Construction
Construction
Commissioning
Commissioning
Operational delivery
Not established

Whole-project scope shown. 3 units with their own record: GeoBlock 1, GeoBlock 2, GeoBlock 3. 37 public records reviewed · latest dated 9 November 2026

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