Veytics Intelligence
2026-09-12 · NASDAQ

Google's Historic 396 MW Clean Energy Deal Just Changed the Game for 1 AI Power Play

Key Points Google entered into a 396 MW power purchase agreement with Fervo Energy for geothermal energy. The companies have been working together for years as Fervo develops its Enhanced Geothermal Systems (EGS) technology. The agreement gives Google the option to add an additional 600 MW of capacity by 2030. 10 stocks we like better than Fervo Energy › The incredible advancements in artificial intelligence (AI) have spurred an investment supercycle, and technology companies are spending cash like never before to build data centers. However, they're hitting roadblocks, notably power.

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