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Geothermal Rising Celebrates International Geothermal Month with Industry-Wide Commitment to Clear Communication

Summary by EIN Presswire
Throughout April, leading organizations, policymakers, and advocates will showcase how geothermal technology is shaping an energy-secure future.
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thefinancialanalyst.netthefinancialanalyst.net

XGS Energy Secures $13M to Expand Geothermal Tech

In a bold move to revolutionize the energy landscape, XGS Energy has secured $13 million in a new financing round. This influx of capital is earmarked for expanding its innovative geothermal energy technology, financing new projects, and bolstering its team. Founded in 2008, this California-based company is on a mission to make geothermal energy more accessible and affordable… Source

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EIN PresswireEIN Presswire

Geothermal Rising Celebrates International Geothermal Month with Industry-Wide Commitment to Clear Communication

Throughout April, leading organizations, policymakers, and advocates will showcase how geothermal technology is shaping an energy-secure future.

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ESG TodayESG Today

XGS Energy Raises $13 Million to Deploy Geothermal Energy Projects

Clean energy company XGS Energy announced that it has raised $13 million in a new financing round, with proceeds aimed at expanding its geothermal energy technology, financing new projects, and growing its team. Founded in 2008, California-based XGS Energy provides heat-harvesting technology to enable access to affordable and carbon-free geothermal energy. The company’s solution drills a single directional well to access rock with temperatures o…

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POWER MagazinePOWER Magazine

Shallow Geothermal Energy: A Strategic Solution for the U.S. Energy Crisis and Demands

The U.S. is facing an energy emergency, as escalating electricity demand, unstable fossil fuel markets, and the rapid growth of energy-intensive infrastructure strain the nation’s energy systems. Shallow geothermal energy […] The post Shallow Geothermal Energy: A Strategic Solution for the U.S. Energy Crisis and Demands appeared first on POWER Magazine.

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POWER Magazine broke the news in on Tuesday, April 1, 2025.
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