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

Image for article Meta teams with XGS Energy to build a 150 MW geothermal power plant | TechCrunch
News Source : TechCrunch

News Summary

  • XGS Energy will build a 150 megawatt geothermal power plant in New Mexico
  • Meta is the latest tech company to warm to geothermal energy
  • advanced geothermal could fulfill nearly two-thirds of new data center demand by 2030
  • Fervo Energy secured $206 million in financing to continue work on its Cape Station power plant
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.XGS Energy has ye [+1901 chars]

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