The Zhitong Finance App learned that the stock price of Fervo Energy (FRVO.US) surged more than 14% before the US stock market on Thursday, after the company, which focuses on geothermal energy, achieved its first power generation at the Cape Station geothermal development project in Utah. The company said this is the first time a global utility-grade enhanced geothermal development project has reached this milestone. Recently, technology giants such as Google, Amazon, and Meta have increased their clean energy layout. The core logic is that this stable electricity supply based on zero carbon emissions and energy other than oil and gas resources, which is based on zero carbon emissions and recent high price fluctuations, is becoming a solid foundation for AI computing power capital efficiency.

The Zhitong Finance App learned that the stock price of Fervo Energy (FRVO.US) surged more than 14% before the US stock market on Thursday, after the company, which focuses on geothermal energy, achieved its first power generation at the Cape Station geothermal development project in Utah. The company said this is the first time a global utility-grade enhanced geothermal development project has reached this milestone. Recently, technology giants such as Google, Amazon, and Meta have increased their clean energy layout. The core logic is that this stable electricity supply based on zero carbon emissions and energy other than oil and gas resources, which is based on zero carbon emissions and recent high price fluctuations, is becoming a solid foundation for AI computing power capital efficiency.