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If You Had $1 Billion for Geothermal, Where Should You Invest?

Amazon NV Energy Geothermal Deal Powers AI Data Centers

Amazon’s First Geothermal Deal Signals a New Era for AI Data Centers in Nevada By:  Robert Buluma Amazon’s entry into geothermal energy through a landmark partnership with Nevada utility NV Energy marks a major turning point in how hyperscale data centers are powered in the United States. The agreement, centered in the Reno region, is more than a corporate clean-energy procurement—it represents a structural shift toward 24/7 carbon-free electricity for AI-driven infrastructure. At its core, the deal combines geothermal baseload energy, large-scale solar generation, and battery energy storage into a unified system designed to power one of the fastest-growing data center hubs in North America: the Tahoe-Reno Industrial Center. This is Amazon’s first formal entry into geothermal energy, placing it alongside other major technology companies that are increasingly investing in firm renewable energy sources to support artificial intelligence workloads. The Core Agreement: 700MW ...