Geothermal
![A rendering of a data center campus powered by geothermal.](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/66cce81c20343586c81e979c_Latitude%201920px%2032%20Image%20(9).jpg)
The tech giant’s chosen partner, Sage Geosystems, also builds long-duration energy storage.
![](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/66bac4adaea13d48ea461cdd_Latitude%201920px%2032%20Image%20-%202024-08-12T222722.892.jpg)
Startup Sage Geosystems is taking advantage of Texas’ easy-to-navigate permitting process to build a first-of-a-kind storage project.
![Catalyst](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/65fc57ff371bad1ca183d32d_CATALYST-COVER-ART.webp)
Three emerging technologies could help geothermal scale beyond its traditional geographies and drive down the cost of generation.
![](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/667a44506140b6a3bba23b34_Latitude%201920px%2032%20Image%20(29).jpg)
California is “a priority market for the foreseeable future” for Fervo, per strategy exec.
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Beebe thinks AI will unlock more clean, firm power — while also sparking a new era of generative science.
![](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/664d22c596cdb0ebb7912eb8_GEOTHERMAL-VC-XGS-ZANSKAR.webp)
At least six companies — most recently, XGS Energy — looking to revitalize geothermal have closed financing rounds in the past six months.
![](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/65f8529651839caf0531888a_FERVO-FINANCING-STRATEGY.jpg)
Post-Series D, the company is eyeing project-level finance. But first, it has to get institutional investors comfortable with the tech.
![Steam from geothermal](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/65f0c2c15e10786d68bd37de_QUAISE-GEOTHERMAL-RAISE.jpg)
The company hopes to make geothermal “geography agnostic” by using high-power microwaves to vaporize rocks.
![A geothermal plant](https://cdn.prod.website-files.com/6512fdb7f06fda1f360bad98/65734383e52f479e90094af7_geothermal.webp)
The tech giant’s first geothermal-powered data centers are live in Nevada.