Mazama Energy raises $135M for superhot geothermal development in Oregon

The Khosla-backed geothermal startup secured funding to develop next-generation superhot rock technology near Newberry Volcano, targeting continuous 15 MW power generation from wells drilled three miles deep.

First covered Sep 17, 2026 · 2:00 PM PT · 2 articles · no longer in the live window

Mazama Energy raises $135M for superhot geothermal development in Oregon — Image via canarymedia.com

Coverage

9d TechCrunch Climate Khosla-backed Mazama Energy just raised $135M to drill deeper into super-hot-rock geothermal — Geothermal startup Mazama is drilling three miles underground to tap superhot rock, with one well capable of generating 15 MW of electricity 24/7.

9d Canary Media Mazama Energy raises $135M for superhot geothermal at Oregon volcano — The startup Mazama Energy just nabbed $135 million to accelerate its next-generation geothermal activities near Oregon’s Newberry Volcano.

More coverage from around the web

thinkgeoenergy.com Mazama Energy raises $135M to support commercial-scale superhot geothermal development

manilatimes.net Mazama Energy Raises $135 Million to Scale the World’s Hottest Engineered Geothermal System | The Manila Times

globenewswire.com Mazama Energy Raises $135 Million to Scale the World’s Hottest Engineered Geothermal System

mazamaenergy.com Mazama Energy - Reinventing Geothermal Energy

energy.gov CX-031221: Newberry SHR Demonstration Project

Discussion

Bluesky: @volts.wtf David Roberts · 8d ago · 67 ♥ Superhot geothermal! In a volcano! 🌋

Appeared in: 2026-09-18 (#1)

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