Alphaxioms Geothermal News and Related Research Globally

A Major Leap for Clean Energy and the Digital Economy By: Robert Buluma In a bold and inspiring move, Google has partnered with Baseload Capital Sweden AB , a renowned global geothermal energy developer, to reshape the future of sustainable energy in Asia. This historic agreement, announced on April 15, 2025 , marks the first-ever corporate power purchase agreement (CPPA) for geothermal energy in Taiwan  a monumental step toward 24/7 carbon-free energy for the tech industry. As digital infrastructure expands rapidly across the globe, fueled by artificial intelligence and hyperscale data centers, the demand for reliable and clean energy has never been more urgent. This partnership not only fulfills that demand but sets a compelling precedent for how tech giants can lead the transition toward sustainable innovation. Why This Deal Matters: Clean, Firm Power for a Greener Future At its core, this partnership between Baseload Capital and Google isn't just about energy it's about e...

The global energy sector is undergoing a radical transformation, with clean, reliable, and sustainable power sources taking center stage. By: Robert Buluma Among these, geothermal energy stands out as an underutilized but highly promising resource that offers baseload power generation with near-zero carbon emissions.   The rise of advanced geothermal technologies has attracted significant investments, especially from big tech companies seeking sustainable energy solutions for their energy-intensive AI data centers. One such company making headlines is XGS Energy, a geothermal startup that recently closed a $13 million equity bridge round and is preparing for a $60 million to $100 million growth round.   This article explores how XGS Energy and other enhanced geothermal system (EGS) startups are revolutionizing the sector, unlocking geothermal energy potential beyond traditional hotspots, and why investors and technology giants are betting big on this clean energy rev...