XGS Energy and Meta Platforms Inc. announced Thursday plans to build a geothermal power plant in northwestern New Mexico, aiming to jumpstart the state’s geothermal industry as tech companies seek ...

Meta’s geothermal ambitions are growing with a new agreement to support projects in New Mexico.

Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced geothermal electricity in New Mexico to ...

Meta Platforms has signed an agreement with XGS Energy to support the development of 150MW of geothermal energy project in the US state of New Mexico. Both its initial smaller first phase and its ...

XGS Energy’s proprietary geothermal technology, which enables geothermal power production with zero operating water use, will be deployed to the PNM electric grid and support Meta’s data ...

XGS Energy raised a $20 million Series A last year to help develop a commercial-scale prototype in California. Topics. Climate, geothermal, geothermal energy, Meta, Social, XGS Energy.

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 ...

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 ...

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 ...