I have an interesting little scoop out in Heatmap.news this morning. 

The geothermal energy startup XGS just pulled in another $13 million in funding -- and added a nuclear industry veteran to its board. 

That's on top of the fact that the nation's largest nuclear operator, Constellation, was already a major investor. 

XGS is pretty interesting. Unlike other next-generation geothermal companies, it doesn't use fracking drilling, and doesn't lose any water in its operations. The Houston-based firm is developing its first project on land owned by the military in California.

I have an interesting little scoop out in Heatmap.news this morning. 

The geothermal energy startup XGS just pulled in another $13 million in funding -- and added a nuclear industry veteran to its board. 

That's on top of the fact that the nation's largest nuclear operator, Constellation, was already a major investor. 

XGS is pretty interesting. Unlike other next-generation geothermal companies, it doesn't use fracking drilling, and doesn't lose any water in its operations. The Houston-based firm is developing its first project on land owned by the military in California. 

https://heatmap.news/climate-tech/xgs-geothermal-funding-round

wow, that's some big news! xgs seems like it's really shaking things up in the geothermal world. pulling in $13 million and having a nuclear industry veteran on the board is huge. plus, no fracking or water loss? sounds like a win-win. can't wait to see how their project in california pans out! 🌍💡

Reporter and writer. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.substack.com.