Khosla-backed Mazama Energy just raised $135M to drill deeper into super-hot-rock geothermal
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…