XGS Energy develops a closed-loop geothermal system that does not depend on water from the reservoir. In June 2025 it agreed with Meta to develop a 150 MW advanced geothermal project in New Mexico.
At a glance
| Price from | Custom |
| Best for | Tech companies and utilities in dry regions |
From XGS Energy's own website.
What stands out
- Does not need reservoir water
- Agreement with Meta
Worth knowing
- First phase not yet operating
- Early commercial stage
How it ranks
XGS Energy is ranked 7th of 10 in Best Geothermal Energy Companies (Lister Score 89.6).
#7 in Best Geothermal Energy Companies · Lister Score 89.6
XGS Energy and Meta announced a 150 MW geothermal partnership in New Mexico in June 2025..
| Rank | Best Geothermal Energy Companies | Score |
|---|---|---|
| 1 | Fervo Energy | 97.5 |
| 2 | Ormat Technologies | 96.2 |
| 3 | Eavor Technologies | 94.9 |
| 4 | Quaise Energy | 93.6 |
| 5 | Sage Geosystems | 92.3 |
| 6 | Mazama Energy | 91.0 |
| 7 | XGS Energy | 89.6 |
| 8 | Zanskar | 88.2 |
| 9 | Geothermal Engineering Ltd (GEL) | 86.8 |
| 10 | Rodatherm Energy | 85.4 |
Frequently asked questions
How does XGS Energy rank on Lister?
XGS Energy is ranked 7th of 10 in Best Geothermal Energy Companies (Lister Score 89.6).
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