XGS Energy and Meta Platforms have entered into an agreement to develop 150 megawatts of geothermal energy capacity in New Mexico, a move aimed at supporting Meta’s data centre operations and boosting the state’s clean energy output.
The project will connect to the Public Service Company of New Mexico (PNM) grid and will be developed in two phases, both expected to be operational by 2030. It will utilise XGS Energy’s geothermal technology, which enables electricity generation without the need for water during operation—a key advantage in arid regions like New Mexico.
New Mexico currently hosts only one operating geothermal plant, but the state is estimated to have more than 160 gigawatts of untapped geothermal potential, according to a new report by Project InnerSpace, New Mexico Tech, and the New Mexico Bureau of Geology and Mineral Resources.
The partnership between XGS and Meta is expected to significantly increase geothermal capacity in the state and contribute to round-the-clock power supplies, an increasingly important requirement as data infrastructure, including AI-driven applications, expands.
Meta, one of the largest corporate buyers of clean energy globally, has previously committed to supporting the development of new energy technologies. This agreement signals continued investment in carbon-free power sources with firm capacity.
Governor Michelle Lujan Grisham welcomed the initiative, stating that geothermal energy represents a “promising new frontier” for New Mexico’s clean energy ambitions. “This project will create jobs, strengthen our grid with reliable baseload power, and position our state as a national leader in next-generation renewable energy,” she said.
The project will also contribute to New Mexico’s broader energy transition goals by diversifying its renewable energy mix and enhancing energy security.
