News and Insights

XGS Energy has partnered with Baker Hughes to advance a geothermal project in New Mexico that will supply power to Meta’s data center operations. The collaboration combines XGS’s closed-loop geothermal technology with Baker Hughes’ subsurface and well engineering expertise. The project highlights growing demand for scalable geothermal solutions to support large energy users.

XGS Energy has selected Baker Hughes to provide services for its planned 150 MW geothermal project in New Mexico. The collaboration will leverage Baker Hughes’ well construction and subsurface capabilities alongside XGS’s closed-loop geothermal technology. The agreement supports the continued development and deployment of XGS’s advanced geothermal systems.

XGS Energy has announced a collaboration with Baker Hughes to advance a 150 MW geothermal power project in New Mexico. The partnership brings together XGS’s closed-loop geothermal technology and Baker Hughes’ subsurface expertise to support project development and execution. The initiative marks a key step in scaling next-generation geothermal projects in the United States.

XGS Energy has been named to TIME’s America’s Top GreenTech Companies of 2026, a prestigious list developed in partnership with Statista that evaluates more than 3,500 companies on environmental impact, innovation, and financial strength.

XGS Energy was named #7 on Fast Company’s Most Innovative Energy Companies of 2026 for delivering 24/7 clean power from hot rock. With more than 3,000 hours of continuous operation proven in the field, our closed-loop geothermal technology delivers reliable, carbon-free energy with no water use or fracking. This recognition reinforces that geothermal is scalable, dependable, and ready today.

New analysis highlights growing federal momentum behind geothermal demonstrations that help move emerging technologies into deployable energy infrastructure. XGS Energy has already proven its water-independent geothermal system through a full-scale commercial demonstration, delivering reliable, round-the-clock power from hot rock without competing for scarce water resources. The approach unlocks geothermal potential far beyond the limits of conventional systems.

Frost & Sullivan’s latest analysis highlights how next-generation geothermal technologies are expanding firm, clean power beyond traditional hydrothermal regions. XGS Energy is recognized for advancing water-independent geothermal systems that overcome historic resource constraints and enable broader deployment. With proven commercial-scale performance and partnerships with major energy users, XGS Energy reflects growing industry momentum toward reliable, 24/7 carbon-free power that strengthens grid resilience and energy security.

With proposed bipartisan investments aimed at accelerating economic diversification, New Mexico has a unique opportunity to attract, build, and scale next-generation energy projects. XGS is proud to contribute to that growth, proving that utility-scale geothermal can power communities, strengthen the grid, and drive long-term economic impact where innovation begins.

French tubular solutions provider Vallourec (EPA:VK) has entered a strategic supply chain partnership with US geothermal technology company XGS Energy to support a multi-gigawatt pipeline of next-generation geothermal projects across the western United States.

Tubular solutions provider Vallourec has signed a supply chain partnership with developer XGS Energy (XGS) which will support the 3-GW pipeline of commercial geothermal projects of XGS across the western United States.