XGS Energy and Meta Platforms have announced an agreement supporting the development of 150MW of next-generation geothermal energy in New Mexico.
XGS’ proprietary geothermal technology, which enables geothermal power to be produced without operating water use, will be deployed to the PNM electric grid and support Meta’s data centers within the state.
Josh Prueher, Chief Executive Officer at XGS, said, “We’re pleased to support Meta’s ambitious AI objectives and accelerate to access to new round-the-clock power supplies. More broadly, the state of New Mexico is a growing hub for data centre development. We are eager to feed clean, water-independent geothermal power into the New Mexico market at a scale uniquely possible with XGS technology.”
Currently, there is only one operating geothermal plant within New Mexico, yet the state sits on top of strong resources of geothermal potential. XGS’ geographic flexibility enables direct production of electricity from these hot rock resources, and with this project, XGS is positioned to increase the total geothermal electricity produced in New Mexico by a factor of 10.
Urvi Parekh, Global Head of Energy at Meta, commented, “With next-generation geothermal technologies like XGS ready for scale, geothermal can be a major player in supporting the advancement of technologies like AI as well as domestic data centre development. We’re excited to partner with XGS to unlock a new category of energy supply for our operations in New Mexico.”
The two-phased 150-MW agreement will include an initial smaller phase, and a second larger phase, both projected to be operational by 2030. Both phases will be sited in New Mexico on the PNM electric grid.