
XGS Energy
Developing heat harvesting technology and closed-loop well architecture enable global deployment of terawatt-scale geothermal heat and power.
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* | $13.0m Valuation: $100m | Early VC | |
Total Funding | 000k |
XGS Energy is revolutionizing the geothermal energy sector with its innovative closed-loop heat harvesting technology. Unlike traditional geothermal systems that require large volumes of water and are limited to specific geographic locations, XGS Energy's system recirculates the same water through a hermetically sealed, closed-loop system. This approach minimizes operational costs by reducing the need for water procurement, transportation, and chemical treatment, while also avoiding common issues like scaling and corrosion. The company serves a diverse range of clients, from remote operations to grid power generators, offering a reliable and resilient baseload power solution. XGS Energy operates in the renewable energy market, focusing on making geothermal energy scalable and accessible globally. The business model revolves around providing a cost-effective, sustainable alternative to traditional energy sources, generating revenue through the sale and implementation of its geothermal systems.
Keywords: geothermal, closed-loop, scalable, carbon-free, cost-effective, renewable energy, baseload power, heat harvesting, operational savings, resilient.
Investments by XGS Energy
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