XGS Energy Selected by U.S. Department of Energy to Advance Superhot Geothermal Technologies

HOUSTON–(BUSINESS WIRE)–XGS Energy, Inc. (“XGS”), a developer of next-generation geothermal power systems, today announced it has been selected for an award by the U.S. Department of Energy’s (“DOE”) Advanced Research Projects Agency-Energy (“ARPA-E”) under its SUPERHOT program, which is providing up to $30 million in federal funding across eight selected projects. XGS’s project will adapt and validate XGS’s proprietary thermally conductive cement and well design for use in superhot geotherma

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