Africa's Markets, Startups & Money Moves — Updated Daily

Fervo Energy Starts Selling Power From Cape Station Geothermal Plant Ahead of Schedule

Geothermal company Fervo Energy announced Thursday morning that it had started selling electricity from its Cape Station power plant to the grid on September 30, one day ahead of schedule.

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Battery Startup Form Energy Closes $750 Million to Expand Its Manufacturing Capacity

Battery startup Form Energy said on Wednesday that it has raised $750 million to expand its manufacturing capacity in West Virginia, the latest sign that the AI data center building boom is fueling investment in energy storage.

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