Get the latest tech news

Meta teams with XGS Energy to build a 150 MW geothermal power plant


XGS Energy will build the new 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. Advanced geothermal, which drills deeper to access hotter rocks, could generate enough electricity in the U.S. to fulfill nearly two-thirds of new data center demand by 2030, according to the Rhodium Group. Many geothermal startups are pursuing open loop designs, where they inject water down one well and let it flow through cracks in the rock before extracting it from another well.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of XGS Energy

XGS Energy

Photo of meta teams

meta teams

Related news:

News photo

Meta Teams Up With Anduril to Make AI-Powered Military Products

News photo

Special mud helps XGS Energy get more power out of geothermal wells