Meta Platforms has signed an agreement with XGS Energy to support the development of 150MW of geothermal energy project in the US state of New Mexico.
Both its initial smaller first phase and its larger second phase will be operational by 2030.
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Both will be located on the site of the state’s PNM public service electric grid.
The agreement represents another step for Meta, one of the world’s largest corporate purchasers of renewable energy.
Meta global head of energy Urvi Parekh stated: “Advances in AI require continued energy to support infrastructure development.
“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.
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By GlobalData“We’re excited to partner with XGS to unlock a new category of energy supply for our operations in New Mexico.”
The energy company’s geothermal technology will be deployed to the PNM electric grid and will support the tech company’s data centre operations, which are located in New Mexico.
XGS’s tech has separated geothermal energy production from traditional constraints by eliminating the need for specific geological conditions such as water availability or permeable rock formations.
Currently, New Mexico has only one operational geothermal power plant despite having some of the most promising hot rock resources nationwide.
The new project is expected to raise New Mexico’s total output of geothermal electricity tenfold.
XGS Energy CEO Josh Prueher stated: “We’re pleased to support Meta’s ambitious AI objectives and accelerate 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.”
Constellation and Meta recently signed a 20-year power purchase agreement (PPA) to use the output from the Clinton Clean Energy Center in Illinois, US.
The deal supports Meta’s clean energy objectives and regional operations by providing 1,121MW (1.12GW) of emissions-free nuclear energy.
