XGS provides Clean, Round-the-Clock Energy Everywhere, Forever

Our proprietary solid-state geothermal system uses thermally conductive materials to deliver affordable energy anywhere there is hot rock

What We Do

We are decoupling geothermal from dependence on water and geology.

1. Modular.

XGS’s smallest modular unit is a single well, pipe-in-pipe heat exchanger, in which working fluid, typically water, is circulated inside a steel casing, warms up, and then is returned to the surface through an inner insulated tube.

2. Water-independent.

Water is continuously recycled in zero-loss closed-loop.

3. Boosted by materials science.

Thermally conductive materials pull additional heat to the well for optimized economics.

4. In any geology.

Performance is not dependent on rock permeability and porosity.

What We Do

Who We Are

Who We Are

Our expert team is unlocking the biggest clean energy opportunity in the world

We are scientists, engineers and change-makers with decades of experience developing and deploying cutting-edge technologies for energy infrastructure. Our expertise combines the operational prowess of the world’s largest energy companies with gigawatt-scale experience in power project development and financing.

Guided by a world-class Board of advisors, we benefit from the insights of distinguished leaders across industry, finance, and the public sector.

Latest News & Publications

Vallourec and XGS Energy Partner to Accelerate Multi-Gigawatt Next-Generation Geothermal Project Pipeline Across Western U.S.

Partnership secures critical tubular supply and engineering expertise as XGS advances a 3-GW geothermal pipeline and begins construction on its 150-MW...

Report finds large returns from State Investment Council program

The New Mexico State Investment Council’s newly released report highlights the Strategic Venture Capital Program’s success in driving major economic...

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Albuquerque Journal

New Mexico Gov. Michelle Lujan Grisham’s State of the State Address

Governor Michelle Lujan Grisham discusses New Mexico’s economic development, highlighting XGS Energy’s $1.2 billion partnership to advance geothermal...

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Santa Fe New Mexican

2025 Strategic Venture Capital Program Annual Report

Strategic capital in New Mexico is backing proven climate tech and XGS is proud to be part of it. Backed by Anzu Partners, XGS’s water independence...

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New Mexico State Investment Council

Delivering next-generation geothermal technology: An interview with Josh Prueher of XGS Energy

XGS CEO Josh Prueher, speaks with Renewable Energy Magazine sharing how XGS is breaking past the limits of conventional geothermal systems...

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Renewable Energy Magazine

‘Hot rocks’ have a moment in the quest for renewable energy

XGS featured on NPR’s Here & Now from WBUR, digging into how XGS is unlocking the vast geothermal potential of New Mexico and beyond with our water...

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NPR’s Here & Now from WBUR

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