Hot, hot, hot: In June, the agency’s New Mexico auction yielded over $16.5M (then the second-highest geothermal sum in BLM history). Now, a Utah auction has racked up nearly $25M…just shy of the $28M record set in 2008. Utah hosts some of the country’s buzziest geothermal projects, including Fervo Energy’s Cape Station and the DOE-sponsored FORGE lab.
Plus, more green for geothermal: Next-gen system developer XGS Energy reportedly aims to kick off $300M in private fundraising in September.
qua, ago 19
Molly Glick
Energy Central Team
NEWS: BLM’s Utah geothermal lease sale brought in over $24M in bids.
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