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Meta signs deal for advanced geothermal power in New Mexico
- On June 12, Meta revealed a partnership with XGS Energy to advance a 150-megawatt geothermal energy project located in New Mexico.
- This agreement aims to supply clean energy for Meta’s AI data centers, building on Meta’s previous geothermal and nuclear energy efforts.
- The project will be completed in two phases, both expected operational by 2030, using XGS’s technology to generate electricity from dry hot rock.
- New Mexico officials called the deal “a big damn deal” highlighting the state’s vast geothermal potential, estimated at 163 gigawatts in a 200-page report.
- The partnership indicates growing tech industry interest in geothermal power to meet rising AI energy demands with reliable, zero-emission electricity.
19 Articles
19 Articles
Meta signs deal for advanced geothermal power in New Mexico
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 intelligence expansion, the companies said on Thursday.
Meta, XGS Energy to develop 150-megawatt geothermal power plant in New Mexico
Meta has joined the growing list of tech companies investing in renewable energy, announcing a partnership with geothermal startup XGS Energy to develop a 150-megawatt geothermal power plant in New Mexico. The agreement, revealed on Thursday through a press release, marks a significant step forward in Meta’s push toward sustainable energy sources. However, specifics of the deal remain limited. Meta confirmed that this is not a purchase agreement…
NM Gov touts $1B partnership on new geothermal plant for Meta’s data center power needs
From left, Urvi Parekh, Meta's head of enegery, joins Josh Prueher from XGS Energy, New Mexico Economic Development Department Secretary Rob Black and Democratic Gov. Michelle Lujan Grisham announced a $1 billion dollar geothermal energy generation site anticipated within the next three years. (Screengrab from live stream ) Gov. Michelle Lujan Grisham on Thursday announced what she described as a “big damn deal” for green energy production in Ne…
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