Sun, Jul 12

NEWS: A $75M geothermal equipment factory is coming to Alabama.

  • Terravanta Power Systems broke ground on a 200K-square-foot facility that will make and assemble advanced screw and turbine expander systems—key components of geothermal power plants. The facility is scheduled to be fully operational in 2029. 

  • A first: Terravanta will become the only US company to make these kinds of geothermal components, CEO Keith Schumacher told WKRG News.

  • And another geothermal first: Fervo Energy set a company drilling record at its Sawtooth 7 well in Utah, reaching target depth in 21 days. That’s 70% faster than Fervo’s previous well design at the same site—but the new design is deeper, longer, and reached higher temperatures.