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

Meta is the latest technology company for the warmth of geological energy, on Thursday announced an agreement with Startup XGS Energy to develop a 150 MW Geothermal Power Plant in New Mexico.

The power of XGS It will not yet say where it will build the power plant, and Meta will not specify the deal that it is not yet an agreement to buy power, but rather a contract to advance the Giotramal Energy Development in the state, a deal, Techcranch.

Recently, technology companies, data centers developers and investors are warming up with technology. Gieterramal can produce electricity around the clock without producing emissions, a combination of attractive combinations for hypersers.

Advanced geothermal, which drills deepest to access to heated rocks, can produce adequate electricity in the United States to meet nearly two-thirds of the new data center demand by 2030, RholatiThe

Many geothermal startups are following open loop designs, where they inject water down a well and allow it to flow with the rock crack before it is removed from another well. Over time some water was lost on the ground.

On the other hand, XGS energy transmits water through a closed loop inside a sealed well, reduces water damage. It also injects a owned mud around the outside of good casing to help transfer more heat to the loop from the stone.

The partnership between XGS Energy and Meta is the latest in a string of agreement powered by Geothermal Startups.

Wednesday, Farvo Energy Secured $ 206 million Its cape station is financed to continue working at the power plant, which is finished, will be the world’s largest geographical power plant. The speed of the organization has imagined it to imagine May go universal As early as next year.

Google said in April it was Buying 10 MW Gieterharmal from Baseload Capital to conduct its activities in Taiwan. Search giant There is also an agreement With Farvo for the Nevada Data Centers to supply electricity.

The XGS Energy has increased a 20 million series last year to assist in the development of commercial-scale prototype in California.