Post by Robert BULUMA
Geothermal Intelligence & Deal Facilitation | Connecting Capital, Technology & Projects Across Global Geothermal Markets | Founder, Alphaxioms
Baker Hughes just built the most comprehensive geothermal partnership network in the industry and it spans three continents. While the headlines chase LNG and offshore wind, Baker Hughes is quietly applying a century of drilling expertise to make enhanced geothermal commercially real, not just theoretically viable. The 2026 partnership map: → XGS Energy (New Mexico) , 150 MW project powering Meta's data centers, water-independent tech, 10x's the state's geothermal capacity → H& P , a dedicated geothermal-only land rig deployed this year → Strataphy (Saudi Arabia) , geothermal cooling at King Abdullah Economic City, targeting 50% lower cooling costs and 40% less CO2 → Earth's Energy (Australia) , closed-loop exploration across Queensland and South Australia → Controlled Thermal Resources Holdings, Inc. (California) , 500 MW baseload project at Hell's Kitchen, built for AI data centers The common thread across nearly every deal: AI data centers need power that doesn't disappear at night or die when the wind stops. Geothermal's the only renewable that delivers 98%+ capacity factors , as reliable as gas, without the emissions. Baker Hughes calls it "ground-to-grid": subsurface engineering, well construction, power systems, and infrastructure execution under one roof. No other oilfield services company offers the full stack. Link in comments. Read the full breakdown by Alphaxioms Geothermal Insights 👇 #Geothermal #BakerHughes #EnergyTransition #DataCenters #CleanEnergy #EGS #OilfieldServices