Partnership between Sage and Meta Boosts Momentum for Geothermal as First Deal East of the Rocky Mountains, Showcases how Sustainable Energy Sources Can Meet Growing Electricity Demand
WASHINGTON--(BUSINESS WIRE)--Today, at the U.S. Department Energy’s (DOE) Catalyzing Next Generation Geothermal Development Workshop, Sage Geosystems (Sage) and Meta Platforms, Inc (Meta) announced a new agreement that would significantly expand the use of geothermal power in the U.S. and would be the first use of next generation geothermal power east of the Rocky Mountains. This announcement demonstrates the critical role clean, firm, and resilient power plays in meeting the electricity demand spurred by the growth and innovation led by the technology sector.
Executives from Sage and Meta joined U.S. Deputy Secretary of Energy David Turk and additional Biden-Harris Administration officials along with, investors, utilities, and other energy stakeholders to discuss the opportunity and growth of geothermal as a growing carbon-free energy source in the U.S. This partnership will deliver up to 150 MW of new geothermal baseload power to support Meta’s data center growth.
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