XGS Energy, on the other hand, never lets its water leave the metal-cased borehole, another cost savings. Because the water is isolated, XGS Energy can use cheaper equipment to extract heat.

XGS Energy, Inc. (XGS) and Meta Platforms, Inc (Meta) today announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico, highlighting the critical ...

Meta announced that it had signed a deal with XGS Energy for 150 megawatts of advanced geothermal electricity in New Mexico. The reason behind this is to help fuel Facebook’s parent company’s ...

XGS Energy provides Clean, Round-the-Clock Energy Everywhere, Forever. XGS's proprietary solid-state geothermal system uses thermally conductive materials to deliver affordable energy anywhere ...

XGS Energy has not yet revealed where it will build the facility. Meta’s announcement comes as major players in the technology and data center industries ramp up interest in geothermal power.

NEW YORK (Reuters) -Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced geothermal electricity in New Mexico to power the Facebook parent company's artificial ...

XGS Energy and Meta Platforms announced announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico. The groups on June 12 said XGS Energy’s ...

XGS Energy has appointed Axel-Pierre Bois, Ph.D. as Senior Vice President, Technology and Lucy Darago, Ph.D. as Vice President, Strategy ...

XGS Energy recently closed $20 million to start a large geothermal energy demonstration project as more energy companies look to use this method as a way to create clean, reusable energy ...

XGS Energy is starting construction on a commercial-scale prototype at an existing geothermal field in California in July. To help fund the project, it recently raised an additional $20 million Series ...