News

The Utah Office of Energy Development is poised to ink a contract to tap into a study for geothermal resources for development at the Point of the Mountain — the former state prison site.
The alignment of energy taxation with decarbonization goals, including rebalancing taxes between gas and electricity - an essential condition for the development of geothermal energy.
Facebook parent company META is partnering with a California energy company to bring a big investment to New Mexico.
Meta is working with geothermal startup XGS Energy to add more electricity to a power grid where Meta is expanding a data center.
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 N ...
Meta is helping fund geothermal energy development in New Mexico to power more of its AI data centers.
Energy Geothermal Unicorn Fervo Energy Is Building a Massive Next-Gen Plant in Utah Fervo is using technology from the oil and gas industry to unlock vast stores of geothermal power under our feet.
Geothermal frontrunner Fervo Energy said Wednesday that it had secured $206 million in financing to continue work on a new power plant in Utah. The startup is developing what promises to be the ...
OMV AG plans to launch a seismic survey in December to explore the potential of geothermal energy in the East Styrian basin in the greater Graz area. The Austrian state-backed energy company ...
This Bill Gates-Backed Company Just Raised $206 Million to Harness Geothermal Energy Fervo’s new funding means it’s on track to deploy a 100-megawatt geothermal power plant in Utah by 2026.
The Trump administration shortened the environmental review period for three Nevada geothermal projects by Reno-based Ormat Technologies.
Key oil and gas areas in the US have been name-checked for their geothermal energy potential in a report from consultancy Enverus Intelligence Research (EIR).