Meta teams with XGS Energy to build a 150 MW geothermal power plant

Meta is the last technological company to warm up with geothermal energy, announcing on Thursday an agreement with Startup XGS Energy to develop a geothermal power plant of 150 megawatts in New Mexico.

Xgs Energy He has not yet said where he will build the power plant, and Meta would not reveal the details on the agreement other than to say that it is not yet a power purchase contract, but rather an agreement “to advance the development of geothermal energy” in the state, said a Meta spokesman in Techcrunch.

Recently, technological companies, data centers developers and investors warm up on technology. Geothermal energy can generate electricity 24 hours a day without producing emissions, an attractive combination with hyperscalers.

Advanced geothermal energy, which perceives more deeply to access warmer rocks, could generate enough electricity in the United States to respond to almost two thirds of the request from the Data Center by 2030, according to the Rhodium group.

Many geothermal startups pursue open -loop conceptions, where they inject water into a well and let it flow through the cracks in the rock before extracting it from another well. Over time, part of this water is lost on the ground.

The XGS energy, on the other hand, sends water through a closed loop inside a sealed well, minimizing water loss. He also injects a owner mud around the outside of the well housing to help transfer more heat from the rocks to the loop.

The partnership between XGS Energy and Meta is the last of a series of offers accumulated by geothermal startups.

Wednesday, Fervo Energy obtained $ 206 million In funding to continue working on its cape power plant, which, once finished, will be the largest geothermal power plant in the world. The momentum of the company has fueled speculation that can become public From next year.

In April, Google said it was Buy 10 megawatts Baseload Capital geothermal energy to feed its operations in Taiwan. The research giant Also has an agreement With Fervo to provide electricity for its Nevada data centers.

XGS Energy raised a series of $ 20 million last year to help develop a commercial -scale prototype in California.