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Meta is helping to fund geothermal energy projects in New Mexico

engadget.com Unknown 2025-09-15 16:22:22

Meta has entered into an agreement with XGS Energy to develop "next-generation geothermal energy" projects in New Mexico. The plan is for these projects to connect directly into the electrical grid that Meta's data centers draw from, feeding the growing energy needs of the company's AI development. Both companies claim the new deal will add 150-megawatts of carbon-free energy to the grid "with zero operating water use." New Mexico is apparently uniquely suited for geothermal energy production b

Topics: ai data energy geothermal meta
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Meta inks a new geothermal energy deal to support AI

theverge.com Justine Calma 2025-09-15 20:00:00

is a senior science reporter covering energy and the environment with more than a decade of experience. She is also the host of Hell or High Water: When Disaster Hits Home , a podcast from Vox Media and Audible Originals. Meta’s geothermal ambitions are growing with a new agreement to support projects in New Mexico. It announced the deal with XGS Energy today, a company developing next-generation geothermal technologies that make it possible to use this energy source in places where it was unf

Topics: energy geothermal meta water xgs
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Meta teams with XGS Energy to build a 150 MW geothermal power plant

techcrunch.com Tim De Chant 2025-09-15 20:00:00

Meta is the latest tech company to warm to geothermal energy, announcing on Thursday a deal with startup XGS Energy to develop a 150 megawatt geothermal power plant in New Mexico. XGS Energy has yet to say where it’ll be building the power plant, and Meta wouldn’t disclose specifics about the deal other than to say it’s not yet a contract to purchase power, but rather an agreement “to advance geothermal energy development” in the state, a Meta spokesperson told TechCrunch. Recently, tech compa

Topics: energy geothermal plant power xgs
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Fervo Energy lands $206M in financing to build massive geothermal power plant

techcrunch.com Tim De Chant 2025-09-17 12:31:35

Geothermal frontrunner Fervo Energy said Wednesday that it had secured $206 million in financing to continue work on a new power plant in Utah. The startup is developing what promises to be the largest enhanced geothermal power plant in the world. The initial phase of Cape Station is expected to come online next year and produce 100 megawatts of electricity, and a subsequent expansion set to open in 2028 will add another 400 megawatts. Enhanced geothermal, which runs deeper and hotter than tra

Topics: energy fervo geothermal million power
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