Oil and Gas Industry Advances Geothermal Energy with New Investments and Partnerships
The oil and gas industry is driving growth in the geothermal sector, with financing reaching $2.2 billion in 2025, an 80% increase from the previous year. XGS Energy has partnered with California Community Power to develop 115 MW of geothermal power in California, signaling strong demand for next-generation geothermal technology.
Topics: California energy projects energy investment geothermal energy industry partnerships renewable energy XGS Energy