Fervo Energy announced Tuesday that results from its first well test at the Cape Station enhanced geothermal (EGS) project have achieved “record-breaking commercial flow rates” of 107 kg per second over a 30-day period. CEO Tim Latimer boasts that his company is now breaking records which industry experts thought would be achieved “decades from now.” When we started paying attention to geothermal in the past couple of years it was still mostly a trial technology – but Fervo has also announced a fresh $100 million construction loan from X-Caliber Rural Capital this week, having signed a 320 MW PPA in July, while commissioning is due to span 2026 to 2028. One main characteristic of EGS in contrast to traditional geothermal…