This is modification 02 to the NOFO: • clarified the meaning of the program policy factors in section V.C. DE-FOA-0003477 - inspiring generations of new innovators to impact technologies in energy…

The Advanced Research Projects Agency (ARPA-E) within the Department of Energy awarded Fervo Energy Company $500,000 on April 29, 2026, under the Inspiring Generations of New Innovators to Impact Technologies in Energy (IGNIITE) 2025 program. The award is a Project Grant (CFDA 81.135) with a period of performance ending April 28, 2028, and place of performance in Houston, Texas.

ARPA-E's mission under the IGNIITE program supports development of high-potential, high-impact energy technologies that are too early for private-sector investment. The award obligates $500,000 to Fervo Energy, which operates in advanced geothermal technologies and enhanced geothermal systems. No sub-recipients or subordinate activities are named in the source.

This is modification 02 to the NOFO: • clarified the meaning of the program policy factors in section V.C. DE-FOA-0003477 - inspiring generations of new innovators to impact technologies in energy (IGNIITE) 2025 to obtain a copy of the notice of funding opportunity (NOFO) please go to arpa-E exchange at https://arpa-E-FOA.energy.GOV. To apply to this NOFO, applicants must register with and submit application materials through arpa-E exchange (https://arpa-E-FOA.energy.GOV/registration.aspx). For detailed guidance on using arpa-E exchange, please refer to the arpa-E exchange user guide (https://arpa-E-FOA.energy.GOV/manuals.aspx). Arpa-E will not review or consider application materials submitted through other means. For problems with arpa-E exchange, email