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Quaise Energy raises $180 million to advance superhot geothermal power

Verifying
  • Quaise Energy completed a Series B equity financing for superhot geothermal development.
  • Quaise Energy raised $180 million, including $35 million from Nabors Industries.
  • Rhodium Group says geothermal could meet 64% of data-center demand growth by the early 2030s.
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