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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.
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