Cape Station is a multi-phase geothermal development project by Fervo Energy. Phase I is set to begin delivering 24/7 clean energy to the grid in 2026. Currently, it ranks as the top company in the new geothermal energy sector in terms of financing capability. Fervo Energy is a pioneer in the global renewable energy technology and development field, with funding strength that leads the industry.
The multiple phases of the Cape Station project will create an estimated 6,600 construction jobs and 160 permanent full-time positions. It is 7.5 miles from Milford, a town of 1,400 people.