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XGS Energy IPO: Morgan Stanley, Geothermal Growth, and Fervo’s Market Momentum

XGS, Baker Hughes, and Meta Ignite New Mexico’s 150MW Geothermal AI Power Revolution

XGS and Baker Hughes Push Geothermal Into the AI Era With Massive 150MW Meta-Linked Project in New Mexico The geothermal industry has officially entered a new phase — one where artificial intelligence, hyperscale data centers, and next-generation geothermal technologies are beginning to converge into a single industrial ecosystem. In one of the most significant geothermal-energy announcements of 2026, XGS Energy has partnered with Baker Hughes to accelerate development of a massive 150MW geothermal power project in New Mexico tied to the growing energy demands of Meta data center operations. The project is not merely another renewable energy development. It represents a major industrial test of whether advanced geothermal systems can reliably power the exploding AI infrastructure economy that is rapidly transforming electricity demand across the United States and the world. According to reports, the geothermal facility will provide electricity into the grid operated by Public S...

QHeat, DHANS Drilling, Nye Skotfoss: data heat meets geothermal

From Steam Engines to Servers: How a Historic Norwegian Factory Site is Reinventing Energy for the Future By: Robert Buluma   In the heart of Telemark, Norway, where rivers once powered the industrial revolution, a quiet but profound transformation is taking place. The riverbanks that echoed with the clatter of heavy machinery are now the site of a different kind of innovation—one that merges the ancient stability of the Earth’s core with the high-tech hum of the digital age. The project is Nye Skotfoss Brug. It is a story about respecting the past while building a carbon-free future. It’s a story about taking waste—specifically, waste heat—and turning it into a community asset. And at its core, it’s a masterclass in circular energy economics. Let’s unpack how a team of forward-thinking developers, geothermal drilling experts, and energy system designers are turning a historic industrial site into a "futura district"—a blueprint for how we might heat our homes and power our l...

CTR and Baker Hughes Ignite a 500 MW Geothermal Revolution to Power America’s AI Future”

CTR and Baker Hughes Unite for a 500 MW Geothermal Power Breakthrough: Fueling America’s AI and Data Center Growth By:  Robert Buluma The race to power the digital economy has just taken a bold step forward. Controlled Thermal Resources (CTR) and Baker Hughes have entered into definitive agreements to develop 500 megawatts (MW) of baseload geothermal power at the Hell’s Kitchen project in Imperial County, California. This world-scale development is set to become a cornerstone of U.S. energy security delivering clean, reliable, around-the-clock energy to power hyperscale data centers and artificial intelligence infrastructure. A New Era of Geothermal Energy America’s digital economy is expanding at an unprecedented rate, driven by explosive growth in AI applications and hyperscale data centers . Unlike intermittent renewables such as solar and wind, geothermal power operates at capacity factors above 98 percent, making it uniquely suited for industries that demand uninterrupted en...