Young geothermal energy wells can be like budding prodigies, each brimming with potential to outshine their peers. But like people, most decline with age. In California, for example, the amount of electricity generated by geothermal power plants declined by 15% between 2001 and 2018, partly because existing wells degraded.
Special mud helps XGS Energy get more power out of geothermal wells Read More »
Geothermal startup XGS Energy has closed $20 million primarily to get a demonstration project up and running, the company tells Axios.
Geothermal startup XGS Energy raised $20M Read More »
There’s growing support for the next generation of geothermal energy tech, which can improve its availability and efficiency, writes Katie.
AxiosPro: Climate Deals | 1 Big Thing: Hot Rocks Bankroll Read More »
At least six companies — including the latest, XGS Energy — looking to revitalize geothermal have closed financing rounds in the past six months.
Geothermal startups are suddenly raising a lot of money Read More »
VoLo Earth Ventures and Valo Ventures join Constellation Technology Ventures, Anzu Partners, and a group of blue-chip international industrials to accelerate commercialization of XGS’ transformative water-independent geothermal technology
Geothermal Innovator XGS Energy Completes Oversubscribed $20M Capital Raise Read More »
