Microsoft founder Bill Gates has backed geothermal technology through Breakthrough Energy, and his Gates Notes has recently highlighted Fervo Energy's effort to generate power from heat deep underground. Fervo has now secured a deal to supply nearly 400 MW of geothermal power to Google, with deliveries planned from 2028. According to Gates Notes, Bill Gates is backing a geothermal project in Utah that is trying to turn extreme heat deep beneath the Earth into a new source of round-the-clock electricity. The project, called Cape Station, is being developed by Fervo Energy, a geothermal company backed by Gates’ Breakthrough Energy. Gates visited the site and has described the power source as being about 15,000 feet below ground.
“Geothermal power will have a big role to play in our clean energy future,” Gates stated, emphasizing the potential of Fervo’s technology to provide reliable and affordable clean energy. Cape Station is projected to deliver up to 400 MW of power, with initial production of 70 megawatts slated for 2026 and full capacity expected by 2028. The project has secured power purchase agreements to supply electricity to approximately 350,000 homes in Southern California.
