Geothermal startup Mazama Energy raised $135 million in an oversubscribed Series B, the startup said Thursday. The fresh funding will help the company develop horizontal wells in super-hot rocks capable of generating 15 megawatts of electricity per well. Mazama plans to start generating electricity sometime next year and said its first site in Oregon is capable of producing 10 gigawatts of electricity. That’s a sharp upward revision from the company’s estimate last year , when investor Vinod Kh…
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