Injects US$10 million into startup Fervo Energy Bloomberg NewsMitchell FermanPublished Apr 18, 2023 Devon Energy Corp. is investing in a geothermal startup as the shale giant expands into renewable energy sources. Devon, a pioneer of the shale revolution that resuscitated U.S. oil and natural gas production, will inject US$10 million into Fervo Energy, the companies […]
The State of Texas is blessed with abundant natural energy resources … including geothermal heat. All of our energy resources require exploration before production, and equipment to harvest them which can present significant capital hurdles. That’s where TX-PACE (Texas Property Assessed Clean Energy) financing can help. In 2013 the Texas Legislature passed, and Governor Perry […]
Sage Geosystems says its earthen “battery” system, now undergoing pilot tests in Texas, could be used to store energy to help balance power grids. Just south of San Isidro, a tiny Texas town near the U.S.-Mexico border, an abandoned gas exploration well is once again being put to work. A 10-foot wellhead rises from a […]
