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Fervo Energy’s IPO is a milestone for next-gen geothermal
Fervo Energy , a startup that has pioneered new ways to produce electricity from the earth’s heat, is officially a publicly traded company. It’s the first next-generation geothermal firm to go public. Today’s initial public offering netted the Houston-based Fervo about $1.9 billion and valued it at roughly $7.7…
Another first for renewables: Wind and solar outgenerate gas in April
See more from Canary Media’s “Chart of the week” column . April 2026: Remember the date for the energy-transition history books. It’s the first month when wind and solar combined to produce more electricity than natural gas did, per new global data from energy think tank Ember . Just five years ago, the gap…
The tax credit cliff has hit EV sales hard
This article is part of our “Chart of the Week” series . Once upon a time, Americans could get big federal tax incentives for buying electric vehicles, heat pumps, rooftop solar, and home batteries. But the Trump administration scrapped those tax breaks last year — and no category of household cleantech has…
