Fervo Energy began selling electricity from its Cape Station power plant to the grid on September 30, one day ahead of schedule, marking a key commercial milestone for the enhanced geothermal industry. The plant synchronized with the grid about a week earlier, bringing online the first third of a planned 100-megawatt facility. Fervo says the broader site could eventually generate as much as 4 gigawatts, while the current construction phase targets 400 megawatts. The first block took 23 months from groundbreaking to commercial operations, and the company aims to complete future blocks in as little as 18 months. Google, Southern California Edison and others have committed to buying power from Cape Station, increasing its relevance to data-center operators seeking reliable electricity. Wolfe Research separately upgraded Fervo from Peer Perform to Outperform and set a $29 12-month price target, while Bank of America cut its target to $30 from $36 and retained a Buy rating. Fervo remains an early-stage company with limited revenue and an ongoing legal review of past disclosures.