XGS Energy and Meta’s 150 MW project will create good-paying jobs, strengthen our grid with reliable baseload power, and position our state as a national leader in next-generation renewable ...

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 ...

expand XGS Energy to build 150 MW geothermal site for Meta in New Mexico Albuquerque Business First By Leah March and Molly Callaghan – Albuquerque Business First Jun 12, 2025 Preview this ...

PALO ALTO, Calif.--(BUSINESS WIRE)--XGS Energy, a leader in geothermal energy technology, announced today that it has secured $19M in financing, including a $14M Series A led by Anzu Partners. XGS ...

Startups including XGS are trying to change that by making geothermal energy more accessible. Last year, Meta made a separate 150MW deal with Sage Geosystems to develop new geothermal power plants.

HOUSTON, March 26, 2025--Geothermal energy company XGS Energy has closed $13 million in new financing to support the execution of its multi-gigawatt project pipeline.

Boosting considerably the capability of its rapidly growing network, full-fibre provider, in partnership with Calix and Nokia, announces that 10Gbps XGS-PON access technology will be deployed as ...

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 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.

SANTA FE, N.M., June 12, 2025--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 ...