Earlier this week, tech giant Meta—the parent company of Facebook and Instagram—unveiled plans to buy a lot of electricity from an innovative power plant to be built by geothermal energy start-up Sage Geosystems. The location of the new-fangled facility remains sketchy. Somewhere east of the Rockies was all the companies said. But there’s another, even […]
Month: August 2024
Sage Geosystems to build new geothermal project to power Meta data centers
Sage Geosystems, a Houston-based geothermal energy startup, has been tapped to build a new facility to power data centers operated by Meta, which owns Facebook and Instagram, the companies announced Monday. While a specific location has not been identified, the project would be the first use of next-generation geothermal power east of the Rocky Mountains, […]
Geothermal Energy Market Set to Surge Past USD 125.9 Billion by 2032: The Future of Sustainable Power
The geothermal energy market is on an impressive growth trajectory, with projections indicating it will surpass USD 125.9 billion by 2032. This surge is driven by increasing global demand for sustainable and renewable energy sources. As countries worldwide strive to reduce their carbon footprints and transition to greener energy solutions, geothermal energy stands out as […]
Geothermal Energy Boost for Military Installations Could Mean ‘Big Boom’ for Drillers
In a major move to enhance energy resilience and meet federal renewable energy targets, the Department of Defense (DOD) is turning to geothermal energy for military installations across the United States. The Army’s initiative in Alaska is part of a broader strategy to harness geothermal power to support federal energy mandates, requiring DOD installations to […]