XGS Energy, on the other hand, never lets its water leave the metal-cased borehole, another cost savings. Because the water is isolated, XGS Energy can use cheaper equipment to extract heat.

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 Mexico, highlighting the critical ...

PALO ALTO, Calif.--(BUSINESS WIRE)--XGS Energy, a leader in geothermal energy technology, has appointed Josh Prueher as its new CEO. Josh brings a wealth of experience in scaling early-stage ...

As CleanTechnica reported, Texas-based startup XGS Energy has raised $13 million to expand its geothermal system, which doesn't rely on underground water or cracked rock to generate power.

XGS Energy will use this funding to develop its geothermal heat harvesting technology. Initially founded as Geothermic Solution LLC, the company has changed its name to XGS Energy, Inc.

XGS Energy provides Clean, Round-the-Clock Energy Everywhere, Forever. XGS's proprietary solid-state geothermal system uses thermally conductive materials to deliver affordable energy anywhere ...

HOUSTON, August 20, 2024--XGS Energy promotes Dr. Axel-Pierre Bois and Dr. Lucy Darago to C-suite leadership team, and establishes Houston, TX office ...

XGS Energy and Meta Platforms announced announced an agreement to support development of 150 MW of next-generation geothermal energy in New Mexico. The groups on June 12 said XGS Energy’s ...

Geothermal technology company XGS Energy announced an additional $9.7 million in new financing on Jan. 23. This new financing, led by Constellation Technology Ventures, will help demonstrate XGS ...