The tech and social media giant entered an agreement with XGS Energy to help develop 150 MW of geothermal power generation.

"We're using techniques we developed in oil and gas to help unlock this vast energy source." Innovative company announces ...

As tech giant Meta and a California energy company plan a geothermal plant in New Mexico, some officials are optimistic about the state’s potential to produce large amounts of power from the renewable ...

At the same time, faster drilling means lower capex. Drilling costs, like rig time and labor, rise depending on how long it ...

JULIAN PARAS BREAKS DOWN WHAT THIS PROJECT IS AND HOW IT IMPACTS NEW MEXICO. ONE. THIS IS A BIG -- DEAL. TWO 3000 CONSTRUCTION JOBS. I MEAN, THE STUFF THAT MAKES A DIFFERENCE RIGHT THIS MINUTE IN THE ...

Meta Platforms is turning to geothermal energy to meet the unending needs of its data center projects. The Facebook parent company has signed a deal with New Mexico’s XGS Energy ...

Facebook parent company META is partnering with a California energy company to bring a big investment to New Mexico.

XGS Energy and Meta have partnered on a new geothermal project aimed at powering the tech giant’s data center operations in ...

Meta Platforms (NasdaqGS:META) has announced significant developments, including a $14 billion investment in Scale AI to ...

The Facebook owner will partner with geothermal pioneer XGS Energy on a 150MW pilot plant in the US state of New Mexico.

Meta signed an agreement with XGS Energy to help develop 150 megawatts of advanced geothermal electricity in New Mexico to ...

The geothermal technology will be deployed to the PNM electric grid and support the tech company’s data centre operations.