Mazama Energy raises $135M for superhot geothermal at Oregon volcano
Published on September 17, 2026
The startup Mazama Energy just nabbed $135 million to accelerate its next-generation geothermal activities near Oregon’s Newberry Volcano. Mazama is seeking to generate clean electricity from superhot rocks — an emerging and largely unproven approach that could have an enormous payoff for the power sector. That’s…